18 Feb 2021
Meet the exciting companies Naspers Foundry invested in
Launched in 2019, Naspers Foundry is a R1.4 billion South Africa-focused startup vehicle that helps talented and ambitious South African technology entrepreneurs develop and grow businesses that improve people’s daily lives. Since its inception, Naspers Foundry has invested approximately R200 million in four exciting tech companies: SweepSouth, Aerobotics, Food Supply Network, and The Student Hub.
Launched in 2019, Naspers Foundry is a R1.4 billion South Africa-focused startup vehicle that helps talented and ambitious South African technology entrepreneurs develop and grow businesses that improve people’s daily lives.
Since its inception, Naspers Foundry has invested approximately R200 million in four exciting tech companies: SweepSouth, Aerobotics, Food Supply Network, and The Student Hub.
Hear why the founders of these companies partnered with Naspers Foundry, and how it helps them achieve their goals. Find out how the funding enabled them to expand and make a difference in the lives of the people they reach. And discover how Naspers Foundry is helping to build the local tech ecosystem and contributing to economic growth while continuing to address big societal needs.
Watch the video here:
About Naspers
Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors in the world. Through Prosus, the group operates and invests globally in markets with long-term growth potential, building leading consumer internet companies that empower people and enrich communities. Prosus has its primary listing on Euronext Amsterdam, and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus.
In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies. These include Takealot, Mr D Food, Superbalist, Autotrader, Property24 and PayU, in addition to Media24, South Africa’s leading print and digital media business.
Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ), a secondary listing on the A2X Exchange (NPN.AJ) in South Africa, and has a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the United States of America.
For more information, please visit www.naspers.com.
Naspers Labs
In 2019, Naspers Labs, a youth development programme designed to transform and launch South Africa’s unemployed youth into economic activity, was launched. Naspers Labs focuses on digital skills and training, enabling young people to pursue tech careers.
Response to COVID-19
Naspers contributed R1.5 billion of emergency aid to support the South African government’s response to the COVID-19 pandemic. This contribution consisted of R500 million towards the Solidarity Fund and R1 billion worth of PPE sourced and distributed to South Africa’s front-line healthcare workers. In addition, Naspers contributed R6.9 million to the Nelson Mandela Foundation's EachOne FeedOne programme to support families who COVID-19 has impacted with meals for a year.