Fireball Capital

Fireball Capital is a subsidiary of Ke Nako Capital (Pty) Ltd and has a track record of more than 15 years of deploying capital on behalf of its institutional clients with success. Their investment strategy is distinctive and provides them with a competitive advantage that sets them apart from others.

They prioritise the development of the African venture capital ecosystem and leverage their skills, knowledge, and insights to support exceptional entrepreneurs in building and expanding their businesses, while also producing superior returns for their investors.

Fireball capital: bridging the gap for local businesses to scale globally

The skilled and knowledgeable team at Fireball Capital has a profound comprehension of the markets they invest in, which enables them to source relationships with existing South African venture capital teams and gain access to the best co-investment and direct investment prospects.

They collaborate with top-notch local venture capital managers to support entrepreneurs in expanding their businesses and to connect the local venture ecosystem with elite international investors, thereby facilitating the growth of world-class, locally-owned businesses on a global scale.

Independent venture capital fund manager

To adhere to global best practices, Fireball Capital delegates certain functions to independent third parties, offering an extra layer of governance. Additionally, their investors receive an exceptional level of transparency.

Fireball Capital is one of the few genuine independent managers of early-stage venture capital funds, as only a small number can raise substantial amounts of investable capital. The combination of skills and experience required to invest in and manage a portfolio of early-stage technology ventures in such a challenging environment is unusual.

Get funded with fireball capital: Investors, fund managers, and entrepreneurs welcome

Fireball Capital offers opportunities for entrepreneurs with early-stage tech ventures (Pre-Series A/Series A/Series B), fund managers seeking institutional funding for their venture portfolio, and investors interested in investing in a diversified portfolio of high-growth, tech-enabled businesses with adjusted risks.

Their partnership with Ke Nako Capital allows them access to a network of skilled managers and team members who share their values. Interested parties can contact Fireball Capital's team to explore the options and receive the necessary support.

Fireball Capital has implemented global best practices to foster sustainable and impactful investment practices in the South African venture capital ecosystem.

ESG factors are integrated into its investment process and governance structures, and its investment policy statement includes sustainable and impact investment practices. The company supports the principles of the Code for Responsible Investing in South Africa (CRISA).

Fireball Capital's sustainable development goals and CSI initiatives

Following the 17 sustainable development goals, Fireball Capital focuses on objectives such as;

• eradicating poverty
• promoting gender equality
• providing quality education and healthcare
• supporting clean energy
• reducing inequalities
• promoting sustainable cities and communities

Fireball Capital's commitment to Corporate Social Investment (CSI) includes supporting Girl Code, a non-profit organization (NPO) that aims to empower women through technology. Through 100% free online education, one-on-one mentorship sessions, career coaching, and job placements in their employer partner network, Girl Code intends to empower 10 million women and girls with tech skills by 2030.

Fireball Capital invites early-stage tech ventures seeking funding, fund managers looking for institutional funding for their venture portfolio, and investors interested in investing in a diverse range of high-growth, tech-enabled businesses to partner with them.

The company has a relationship with Ke Nako Capital, providing access to a network of highly talented managers and team members that align with their values.

Their experienced and well-connected team helps entrepreneurs scale their businesses, bridging the gap between the local venture ecosystem and top-tier international investors. Anyone interested in learning more can chat with Fireball Capital's team.

Fireball Capital's South African tech portfolio and investment partners

Fireball Capital's portfolio comprises a range of innovative and high-growth companies, including Ozow, MFS Africa, CompariSure, Kuda, Tanda, Tyme Bank, HearX, and RecoMed. These companies operate in various sectors, such as fintech, healthcare, and technology-enabled services, and offer unique and groundbreaking solutions to the market.

Their investment in these companies reflects its commitment to identifying disruptive ventures with the potential for rapid growth and supporting their development through strategic investments and partnerships. By diversifying its portfolio with these innovative ventures, they continue to be at the forefront of investing in high-growth technology-enabled businesses in South Africa and beyond.

The company partners with talented and experienced fund managers to provide access to a well-established local and international venture capital network.