The Mineworkers Investment Company (MIC) has committed $10m (R147m) to Knife Capital’s new African series B expansion fund.

The Cape Town-based venture capital firm plans to use the fund, known as Knife Fund III, to invest in innovation-driven African companies and fill the so-called follow-on funding gap experienced by start-ups, which often struggle to access additional expansion finance beyond their first round of funding...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now