HBD Venture Capital’s investment in Fundamo’s operations in South Africa for ZAR 36 million

Lead party: Knife Capital (lead investor/buyer)Coverage: Meridian Capital (investment and transaction tracker; data from Partner Researchers, editorially reviewed). Target: Fundamo Transaction type: Investment · Asset class: Venture Capital · Strategy: Strategic Minority · Instrument: Ordinary Shares (Equity) · Deal amount: US$5.2m · Equity stake: 0.256% · Implied EV: US$20.2m · Fund: HBD Venture Capital Lead…


Lead party: Knife Capital (lead investor/buyer)

Coverage: Meridian Capital (investment and transaction tracker; data from Partner Researchers, editorially reviewed).

Target: Fundamo

Transaction type: Investment · Asset class: Venture Capital · Strategy: Strategic Minority · Instrument: Ordinary Shares (Equity) · Deal amount: US$5.2m · Equity stake: 0.256% · Implied EV: US$20.2m · Fund: HBD Venture Capital

Lead investor/buyer: Knife Capital · Investors/buyers: Knife Capital

Legal advisers: not identified in the source record.

Source: announced 10 July 2007. Original announcement: allafrica.com.