Vumela
Johannesburg, Gautengvumelafund.com
Overview
Vumela is a venture capital firm that was established in 2009 by FNB Business Banking and Edge Growth . The fund aims to invest in high-growth SMEs in South Africa to alleviate poverty by creating jobs and generating returns for its beneficiaries, the Shalamuka Foundation and the FirstRand Group . Vumela provides financial solutions to businesses that are at least 51% black-owned with an annual turnover of between R10 million and R50 million .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Trade Shield | Mar 2025 | Seed | Co-investor |
| Rentoza | Aug 2023 | Series A | Co-investor |
| Sea Monster Entertainment | Jul 2020 | VC Round | Co-investor |
| ProfitShare Partners | Oct 2019 | Debt | Co-investor |
| SweepSouth | Oct 2019 | Series B | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
