Anza Capital, our first portfolio
Anza Capital (Pty) Ltd backs early-stage South African technology companies through the Anza Incubation Fund, a permanent capital vehicle on its balance sheet. Anza Fund Manager manages the portfolio under an investment management agreement.
Anza Capital is separate from Anza Africa Seed Fund II, and its results are not Seed Fund II’s.
As at March 2026. Past performance is not a reliable indicator of future results.
Behind the numbers
These figures are for Anza Capital only. They do not show the performance of Seed Fund II, which has not yet invested, and do not guarantee future results.
Outside validation
Seven of the 13 have raised priced rounds from outside investors since Anza invested, and those holdings carry most of the portfolio’s value.
Commercial traction
Eleven of the 13 are generating revenue. Six operate beyond South Africa, in Botswana, Lesotho, Namibia, Kenya, the UK and New Zealand.
- Botswana
- Lesotho
- Namibia
- Kenya
- UK
- New Zealand
Inclusive founders
Seven of the 13 companies have Black founders and five have female founders.
Disciplined valuation
Holdings on convertible notes or SAFEs stay at cost until outside investors price a round, and valuations are reviewed twice a year by a Valuation Sub-Committee with an external party.
Portfolio
Showing 13 companies
Lines marked “From the company” are taken from each company’s own website (November 2026) and are the company’s own figures.
13 active companies by sector. Select a sector to filter.
AgriLogiq
AGRITECHClimate, irrigation and fertigation automation that helps greenhouse farmers grow more food with fewer resources.
From the companyProjects include greenhouse climate control in Lesotho, and it serves growers in Africa, Europe, Australasia and the Middle East.
Welo Health
HEALTHTECHAn AI-powered workforce health platform that helps employers predict, measure and reduce absenteeism, backed by on-site nurse screenings.
From the companyA client cut unplanned absence by 23% at its target sites within one quarter.
Qwili
FINTECHAn app that lets informal micro-entrepreneurs start selling airtime, data, electricity and other goods from a smartphone, from as little as R50.
Impulse Biomedical
BIOMEDICALMedical devices for wider access to care, including a reloadable adrenaline autoinjector.
In the newsAccepted into the Maryland Global Gateway Soft Landing Program
Gwork
HR TECHA people management platform that helps companies measure and improve the performance of remote teams.
Newform Foods
FOODTECHA platform for industrial-scale cellular agriculture, helping producers make cultivated meat.
TailorBlend
FOODTECHPersonalised supplements formulated from a digital health profile, in a single daily serving.
Zimi
CLEANTECHAn all-in-one ecosystem of electric vehicles, charging and energy that helps fleets cut fuel costs and move to clean transport.
From the companyMore than 5,000 charging sessions and over 400,000 km of electric driving across its network.
Abiri Innovations
AGRITECHReal-time livestock tracking and health data that help rural farmers protect their animals.
Mia Healthcare
HEALTHTECHDental software, mobile clinics and aligners that make dental care more affordable and accessible.
AdBot
DIGITAL AND AIAn AI platform that helps entrepreneurs run their digital advertising and get more from their ad spend.
Locstat
AI AND DATAA graph intelligence platform combining graph-based AI, analytics and event processing.
From the companyCertified to ISO/IEC 27701 for privacy information management. Its clients include Flash and fellow Anza portfolio company Qwili.
Koa Academy
EDTECHPersonalised online schooling for learners in South Africa, now expanding into Kenya.
From the companyAn IEB-accredited online school for Grades 4 to 12, with Pods of eight learners per teacher.
In the newsKoa Academy expands into Kenya
Portfolio story
Mia Healthcare: making dental care affordable
The company
Founded in Cape Town in 2021, Mia Healthcare makes dental care more affordable and accessible. It offers clear aligners as a lower-cost alternative to traditional braces, mobile clinics that bring dental care to schools, workplaces and families, and practice software and franchise services for dentists.
What Anza did
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.
“Their DD process was not only swift but also highly manageable, tailored perfectly for a company at our stage of growth. … 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.”