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SA SME Fund, TIA partner to invest in three venture capital funds
The SA SME Fund and the government’s Technology Innovation Agency (TIA) have announced a pioneer partnership in the National System of Innovation – a public–private partnership to coinvest R350-million across three venture capital funds. The funds are OneBio Seed Investment Fund, a biotechnology dedicated fund; Savant Venture Fund, a hardware technology incubator and Fund Manager (in which two deals have already been pre-funded by the TIA’s Seed Fund); and the newly established University Technology Fund (UTF).
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