Naspers Foundry, venture capital fund closes

The R1.4 billion (about $100 million) Naspers Foundry venture capital fund has ceased operations. Naspers is the most valuable technology business on the African continent by market value. The corporation will maintain its investments in its nine portfolio companies, some of which include Planet42, SweepSouth, Naked, Aerobotics, and WhereIsMyTransport, such as issuing follow-on checks. The … Continue reading Naspers Foundry, venture capital fund closes