Equity Investment

Launch Africa Ventures Seed Fund II

Launch Africa Ventures (Private Equity)

Launch Africa Ventures Seed Fund II is a equity investment from Launch Africa Ventures offering between R 4 500 000 and R 18 000 000 for startup businesses across South Africa. Applications are accepted on a rolling basis.

Overview

Seed investment for early-stage, B2B-focused African tech startups from Launch Africa Ventures, now deploying its second fund. Initial cheques are typically around US$250,000 (about R4.5 million), with follow-on funding of up to US$1 million (about R18 million) as milestones are met. Startups can pitch at any time via the Launch Africa website.

Funding AmountR 4 500 000 - R 18 000 000
CoverageNational
Business StageStartup

Programme details last verified on 11 June 2026.

Full Description

Seed-stage investments in ambitious African founders building category-defining companies.

Eligibility Criteria

0
Min. Years Trading0 years
Target SectorsICT, Fintech, E-commerce, Healthtech, Logistics

Frequently Asked Questions

How much funding does Launch Africa Ventures Seed Fund II offer?

Launch Africa Ventures Seed Fund II offers between R 4 500 000 and R 18 000 000 per applicant.

Who qualifies for Launch Africa Ventures Seed Fund II?

Launch Africa Ventures Seed Fund II targets startup businesses across South Africa.

When is the deadline for Launch Africa Ventures Seed Fund II?

Applications are accepted on a rolling basis.

How do I apply for Launch Africa Ventures Seed Fund II?

Check your eligibility with the free readiness check on Okhantu, prepare the required documents, then apply on the provider's website.

Prepare Your Application

Increase your chances of success with these preparation resources.

Pro tip:Run the Readiness Checker before applying. It identifies gaps in your documentation and helps you prepare a stronger application.