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Naspers Foundry

VC
Cape Town, South Africa

Naspers Foundry is a Seed venture capital firm based in Cape Town, South Africa investing in Marketplace, Other. The firm typically writes $500K–$5.0M checks and has 1 portfolio company in our records.

Check size
$500K–$5.0M
Portfolio
1 company on record
Partners
11 listed
AUM
$100M
Stage
Seed
Sectors
Marketplace, Other
HQ
Cape Town, South Africa

Last verified: 2026-07-07

How to approach: warm intro preferred
Stage

Seed

Check Size

$500K – $5.0M

AUM

$100M

Portfolio

1+ companies

Team

11 partners

Investor activity
Investments in last 12 months: 0

Investment Thesis

Naspers Foundry is dedicated to investing in early-stage South African startups developing scalable tech platforms, particularly marketplaces and digital platforms.

How Naspers Foundry invests

Naspers Foundry is a vc firm based in Cape Town, South Africa. The firm invests at the Seed stage, with a focus on Marketplace, Other. It does not invest in Brick-and-mortar retail.

Naspers Foundry typically writes checks of $500K–$5.0M per investment, backed by approximately $100M in assets under management.

Naspers Foundry has backed 1 company in our records, including SweepSouth.

Partners & Team

FW

Fabian Whate

Head of Naspers Foundry

Marketplace
South Africa
SL

Shamiela Letsoalo

Director of Corporate Affairs

MS

Mark Sorour

Non-Executive Director

MP

Molefe Pule

Head of Business Development

SS

Shamin Shah

Senior Counsel

CS

Charles Searle

Chief Executive Officer

CS

Cobus Stofberg

Chief Executive Officer

ZH

Zarina Hoosen

Executive Assistant

AS

Atul Sharma

Revenue Manager

LS

Lynne Simons

Senior Manager, Company Secretary

DM

Dolly Maake

Executive Assistant

Industry Focus

Invests In

Marketplace
Other

Does Not Invest In

Brick-and-mortar retail

Portfolio Companies (1)

Other

SW

SweepSouth

Gig Economy
How to pitch Naspers Foundry
  • Raising at Seed? You're squarely in their sweet spot.
  • Lead with your fit in Marketplace, Other — the sectors they actively back.
  • Size your ask to their typical $500K – $5.0M check.
  • warm intro preferred
  • Address your outreach to a specific partner, such as Fabian Whate, Head of Naspers Foundry.
  • A warm introduction beats a cold email. Get matched and request an intro.

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