Fund raise · South Africa
Grindstone Ventures
Grindstone Ventures launches R500m fund to close Africa's Seed-to-Series A gap
Amount
$28m
500,000,000 ZAR
Round or stake
n/a
First reported
2026-09-10
Verification
Corroborated
6 independent reports
Parties
- Grindstone Ventures gp
Sources (9)
- ‘Paper Valuations Don’t Return Capital’: Grindstone Launches $31m Exit-Focused Fund · Launch Base Africa · 2026-09-10
- Grindstone Ventures Launches $31.2 Million Fund for African Tech Startups · Tech In Africa · 2026-09-10
- Grindstone Ventures launches R500m fund to close Africa's Seed-to-Series A gap · Dealroom · 2026-09-10
- South Africa: Grindstone launches $31.2 million fund for African startups · Bénin Web TV · 2026-09-11
- Grindstone Ventures Launches R500m Africa Startup Fund Targeting 15-20 Companies · https://ascendants.in/ · 2026-09-11
- Grindstone Ventures Launches R500m Africa Startup Fund Targeting 15-20 Companies · https://ascendants.in/ · 2026-09-11
- Grindstone Ventures Launches USD 31.3 M Fund To Back African Startups · WeeTracker · 2026-09-11
- SA’s Grindstone Ventures launches new $31m fund · - Disrupt Africa · 2026-09-11
- Grindstone Ventures Launches $31M Fund For African Startups · Dabafinance · 2026-09-16
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