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Increasing spend, smaller deal sizes for South Africa’s VCs

Image Credit: Venture Garden Group

Last week, SAVCA, South Africa’s venture capital and private equity industry association released the findings of its latest survey which studies VC-type transactions that took place in the country between January 2011 and July 2015. Among the key findings were as the amount of capital investment is bouncing back from 2013 lows, the average size of deals is shrinking, primarily because new technology companies need less money to start.

Read more at Bloomberg…

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