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Industrial Development Corporation of South Africa

Industrial Development Corporation of South Africa

South Africaidc.co.za

Overview

Industrial Development Corporation of South Africa is a national development finance institution, wholly owned by the South African government, that promotes economic growth and industrial development. It provides funding for industrial development projects and plays a catalytic role in promoting partnerships across industries within South Africa and, since the 1990s, the rest of Africa. Its mandate includes maximizing development impact through job-rich industrialization and contributing to an inclusive economy by funding black-owned and empowered companies, as well as enterprises owned by women and youth.

Year Founded

1940

Portfolio Companies

19

Website

idc.co.za

Investments

Industrial Development Corporation of South Africa investments
CompanyDateStageLead
Pele Green EnergyDec 2023DebtCo-investor
Pele Energy GroupDec 2023DebtCo-investor
WiSolarNov 2023DebtCo-investor
WetilitySep 2023Series ACo-investor
DataProphetAug 2022Series ACo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersSouth Africa
Year Founded1940

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