Naspers Foundry announces its first investment, with R30m in SweepSouth
by VentureBurn 2019-06-21
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Naspers today announced that its R1.4-billion venture capital (VC) fund Naspers Foundry, which is aimed at SA startups, has made its first deal, with a R30-million investment in SA startup SweepSouth.

The fund was launched in October last year by Naspers with the aim of investing in the SA technology sector.

(picture source: VentureBurn)