Fund vehicle

HAVAÍC Universum Core African Fund

Compiled from public sources

The HAVAÍC Universum Core African Fund is an early-stage venture capital fund launched as a joint venture between South African investment and advisory firm HAVAÍC and international investment management firm Universum Wealth. The fund is designed to invest in post-revenue, early-stage technology companies that are "born in Africa" and use technology to solve real-world local, regional, and international challenges. It provides both seed funding and later-stage growth capital to help portfolio companies scale globally. A key objective is to provide South African and international investors with access to African venture capital opportunities alongside established institutional investors.

Manager

HAVAIC Holdings South Africa (Pty) Ltd., Universum Wealth

Vintage

2022

Strategy

Venture Capital

Target size

$20m

Size

$20m

Status

Fully Invested