Grindstone Ventures launches R500 million fund targeting African technology companies

Grindstone Ventures launched a R500 million fund for high-growth, technology-enabled African businesses from seed through Series A. Led by Thandiwe Maqetuka, the black-empowered fund manager plans for at least half of its portfolio companies to be Black-owned.

• venture capital
• south africa
• black-owned businesses
• african startups