Mamor Capital Ventures (Mamor Capital) has reached a R300 million first close for Fund 1, providing the black women-owned and managed venture capital firm with the capital to begin investing in post-revenue South African technology businesses as it continues raising towards a target fund size of R550 million. The Public Investment Corporation (PIC) is the fund’s anchor investor, […]
Mamor Capital hits R300M first close for maiden fund, targets R550M
What’s the deal? Mamor Capital Ventures has reached a R300 million first close for Fund 1, giving the black women-owned and managed venture capital firm capital to begin backing post-revenue South African technology businesses. It is still raising towards a R550 million target. Who’s backing it? The Public Investment Corporation anchored the fund and helped mobilise further institutional commitments. […]
