Anza Fund Manager

Capital to protect, commercialise and scale African intellectual property.

We are a licensed, 51% Black-owned venture capital manager investing from Seed to Series A in food, clean and digital technology companies in Africa. We pair equity with hands-on support to take protected technology to market.

Our team: Audrey Verhaeghe, Saskia Nysschens, Meriam Kekana, Gilbert Anyetei and Touseef Banderker, with founders from our portfolio.

For investors
Investing in African technology
Anza Africa Seed Fund II is now raising from sophisticated and professional investors.
Request investor information
For founders
Building on protected technology
We invest R1 million to R20 million from Seed to Series A in food, clean and inclusive digital technology.
Review our investment criteria
For partners
Co-investing or collaborating
Co-investors, corporates and ecosystem partners: talk to us about co-investment, commercialisation and market access.
Get in touch

FSP 53884Category I and II financial services provider, licensed by the FSCA
51%Black-owned
13Active portfolio companies held by Anza Capital

Where we work

Two hubs, with deal flow across Southern and Eastern Africa

75 / 25Seed Fund II allocation: South Africa, and the rest of Southern and Eastern Africa

2Investment hubs: South Africa and Kenya

2Offices: Johannesburg and Cape Town

Investment hubs: South Africa and Kenya
Portfolio reachBotswana, Lesotho and Namibia, and beyond Africa in the UK and New Zealand.

Where we invest

Beyond the obvious

From a single point of light to many, multiplying in great numbers.

Why Anza

African innovation is not the constraint. Commercialisation capital is.

Companies that have outgrown incubator funding but are still too small for development finance or private equity fall into a missing middle. At this stage, many founders cannot yet afford to protect their intellectual property, let alone take it to market.

Anza invests at this stage, from Seed to Series A. We pair capital with the legal, commercial and go-to-market support needed to turn protected technology into a business.

Capital available to technology companies, by stage

Early stage
Grants, incubators, angels and bootstrapping.
Seed to Series A
The missing middle. Too mature for incubators, too small for later-stage investors. Anza invests here.
Growth
Later-stage venture capital, development finance and private equity.

Illustrative; not to scale.

How we work across these stages

01
Originate
The SA Innovation Summit and TechTribe Accelerator, both founded by our CEO, let us follow founders long before we invest.
02
Invest and commercialise
Equity from Seed to Series A, with support on IP protection, go-to-market and governance from our team and venture partners.
03
Build to exit
Exit routes are considered at entry, through corporate, private equity and M&A relationships.

How we invest

Now raising

Anza Africa Seed Fund II

Our current fund backs IP-led companies in food, clean and digital technology, the sectors where technology can strengthen Africa’s food, climate and digital infrastructure.

Managed by Anza Fund Manager. A separate vehicle from Anza Capital.

View the fund Request investor information

Common investor questions

The fund at a glance

20Companies in the target portfolio

R1m-R20mTicket size, Seed to Series A

75 / 25Allocation: South Africa 75%, rest of Southern and Eastern Africa 25%

Q1 2027Targeted first close

Track record

Anza Capital, our first portfolio

Anza Capital holds 13 active South African technology companies across food, agriculture, health, financial services, clean energy, education and AI.

View all 13 companies

Dr Zane Stenning, co-founder and CEO of Mia Healthcare, with a large 3D printer

More than capital

Mia Healthcare: making dental care affordable

Anza ran a due diligence process sized for an early-stage company and structured a flexible deal. After investing, the team helped Mia with its offshoring process and the restructuring of its investments, opened doors to new markets, and has since invested further.

“From assisting with our offshoring process and restructuring our investments to providing us with vital market access, Anza Capital has proven to be a true partner in our growth journey.”
Dr Zane Stenning, co-founder and CEO, Mia Healthcare

Read Mia’s story

Team

A lean team with investment, finance and operating depth

Overseen by a five-member Board and, for Seed Fund II, an Investment Committee that includes independent members, and supported by a network of sector advisers.

Team and governance

I have found the team to be exceptionally skilled in administrative tasks, consistently delivering results with precision and efficiency. … Their dedication to gender intentionality is clearly reflected in their leadership, where women play pivotal roles, truly embodying the principles they advocate.”
Cathy GoddardCEO, FyreFem Fund Managers, who helped Anza build its compliance function

Impact

Clear about what we deliver and what we enable

We report the capital and hands-on support we provide separately from what our portfolio companies go on to achieve, so investors can see exactly where our contribution lies.

Our impact approach

CORE GOALS