Corporate investor
Fireball Capital (Pty) Ltd.
Fireball Capital is a South African, independent, majority black-owned and managed venture capital multi-manager. It was established to become a leading venture capital multi-manager for institutional clients. The firm launched its first fund, Fireball Fund I, in February 2022. It focuses on building a diversified South African portfolio of tech-enabled assets by investing in and co-investing with best-in-class venture capital fund managers.
Investment focus
- Sectors
- TechnologyFinancial servicesHealthcareConsumerSMEsInfrastructure
- Stages and strategies
- GrowthFund investments
- Regions
- Northern Africa, Eastern Africa, Western Africa, Central Africa, Southern Africa
Fund commitments
Selected portfolio and direct investments
- Immobazyme (Pty) Ltd
Recent investments and transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 1 Dec 2025 | University Technology Fund II, University of Stellenbosch Enterprise & Fireball Capitals' investment in Immobazyme for ZAR 25 million | Private Equity | $1.5m | South Africa |
Sources
- Partner Researchers, accessed 14 November 2026
- https://techfinancials.co.za/2026/06/25/stocks-strauss-expands-university-technology-fund-platform-past-r700m-with-utf-ii-final-close/, techfinancials.co.za. Accessed 14 November 2026.
- https://www.havaic.com/post/hava%C3%ADc-announce-second-close-of-us-50-fund-3, www.havaic.com. Accessed 14 November 2026.