About Us

Our History
Who we are
Hlayisani Capital is committed to fostering growth and creating lasting impact in South Africa and across Africa. Rooted in our name—meaning "to protect and nurture"—we build on the values of Akani (to build), Hlanganani (to unite), and Nhlamulo (to provide solutions). With deep expertise in venture capital and a proven track record, we unlock high-growth opportunities by partnering with visionary founders who drive meaningful change.

For investors, we are disciplined stewards of capital.

CONFIDENT

INSPIRED

VISIONARY

What we do
CAPITAL + STRATEGIC SUPPORT = HIGH IMPACT + EXCEPTIONAL RETURN
Hlayisani Capital invests in high-growth businesses across South Africa and Africa, partnering with bold entrepreneurs to create sustainable impact and exceptional value. Our approach goes beyond funding—we provide strategic insight and a vast network to empower our portfolio companies at every stage of their growth journey.

Our team combines a deep understanding of local markets with global expertise, identifying unique opportunities and driving transformational change. 
Hlayisani Highlights
Pioneers of VC in SA - Cat II FSP
An industry leading team with a superior network and track record
Experienced operators and investors
51% black owned & 39% black women owned investment manager with a diverse team
Directors on 20+ VC & PE backed companies
50+ Venture Capital or Angel investments
South Africa’s largest black owned Venture Capital Fund
Access to proprietary network deal flow and value add
Investment into a Hlayisani Venture Fund creates portfolio diversification
History
Preserving, nurturing and developing the entrepreneurial talent of this exciting continent
Hlayisani, which means to nurture and grow, was founded in 2016 when Angelhub Ventures (backed by Michael Jordaan and Kevin Harris), a pioneering South African Venture Capital Fund together with Dzana Investments (the Khoza family’s investment vehicle led by former Nedbank Chairman and current PIC Chairman, Dr Reuel Khoza), made common cause to jointly invest strategic support and capital into high-growth, high-impact SME growth businesses with global expansion possibilities.
2011 2014 2019 2021 2022 2023

2011 - Finding Angelhub

Angelhub is established as one of the first Angel Investment groups on the African continent, helping Angel Investors navigate the complexity of early stage tech investing.

2011 - Finding Angelhub

Angelhub is established as one of the first Angel Investment groups on the African continent, helping Angel Investors navigate the complexity of early stage tech investing.

2014 - Launch of Angelhub

Angelhub Brett Commaille launches Angelhub Ventures launches as an early stage VC fund backed by 2 family offices. Mathew Palin joins the team early on. Together we build a venture portfolio of investments across various sectors.

2011 - Finding Angelhub

Angelhub is established as one of the first Angel Investment groups on the African continent, helping Angel Investors navigate the complexity of early stage tech investing.

2014 - Launch of Angelhub

Angelhub Brett Commaille launches Angelhub Ventures launches as an early stage VC fund backed by 2 family offices. Mathew Palin joins the team early on. Together we build a venture portfolio of investments across various sectors.

2019 - Forming Hlayisani

Founding of Hlayisani Capital - The team from Angelhub join forces with Reuel Khoza and Nkateko Khoza along with Eugene van Rensburg to form Hlayisani Capital in an effort to create a larger fund and provide follow-on funding for the many exciting growth opportunities in tech in South Africa.

2011 - Finding Angelhub

Angelhub is established as one of the first Angel Investment groups on the African continent, helping Angel Investors navigate the complexity of early stage tech investing.

2014 - Launch of Angelhub

Angelhub Brett Commaille launches Angelhub Ventures launches as an early stage VC fund backed by 2 family offices. Mathew Palin joins the team early on. Together we build a venture portfolio of investments across various sectors.

2019 - Forming Hlayisani

Founding of Hlayisani Capital - The team from Angelhub join forces with Reuel Khoza and Nkateko Khoza along with Eugene van Rensburg to form Hlayisani Capital in an effort to create a larger fund and provide follow-on funding for the many exciting growth opportunities in tech in South Africa.

2021 - Launch of Growth Fund

Hlayisani Growth Fund hits final close at R354million after acquiring the Angelhub and raising additional investment from family offices and Africa’s largest Bank. The Series A fund builds a portfolio that includes 8 companies in Education, Telco, Communication and entrepreneur development.

2011 - Finding Angelhub

Angelhub is established as one of the first Angel Investment groups on the African continent, helping Angel Investors navigate the complexity of early stage tech investing.

2014 - Launch of Angelhub

Angelhub Brett Commaille launches Angelhub Ventures launches as an early stage VC fund backed by 2 family offices. Mathew Palin joins the team early on. Together we build a venture portfolio of investments across various sectors.

2019 - Forming Hlayisani

Founding of Hlayisani Capital - The team from Angelhub join forces with Reuel Khoza and Nkateko Khoza along with Eugene van Rensburg to form Hlayisani Capital in an effort to create a larger fund and provide follow-on funding for the many exciting growth opportunities in tech in South Africa.

2021 - Launch of Growth Fund

Hlayisani Growth Fund hits final close at R354million after acquiring the Angelhub and raising additional investment from family offices and Africa’s largest Bank. The Series A fund builds a portfolio that includes 8 companies in Education, Telco, Communication and entrepreneur development.

2022 - Lunar Rocket Forming

The team raises just short of R300m additional funding from its family office network and facilitates refinancing of a private equity fund focused on Telco and mining technologies amongst others.

2011 - Finding Angelhub

Angelhub is established as one of the first Angel Investment groups on the African continent, helping Angel Investors navigate the complexity of early stage tech investing.

2014 - Launch of Angelhub

Angelhub Brett Commaille launches Angelhub Ventures launches as an early stage VC fund backed by 2 family offices. Mathew Palin joins the team early on. Together we build a venture portfolio of investments across various sectors.

2019 - Forming Hlayisani

Founding of Hlayisani Capital - The team from Angelhub join forces with Reuel Khoza and Nkateko Khoza along with Eugene van Rensburg to form Hlayisani Capital in an effort to create a larger fund and provide follow-on funding for the many exciting growth opportunities in tech in South Africa.

2021 - Launch of Growth Fund

Hlayisani Growth Fund hits final close at R354million after acquiring the Angelhub and raising additional investment from family offices and Africa’s largest Bank. The Series A fund builds a portfolio that includes 8 companies in Education, Telco, Communication and entrepreneur development.

2022 - Lunar Rocket Forming

The team raises just short of R300m additional funding from its family office network and facilitates refinancing of a private equity fund focused on Telco and mining technologies amongst others.

2023 - Launching Venture Fund II

Hlayisani launches the Hlayisani Venture Fund II and reaches a first close of R208m, with its first 2 investments secured. The fund has a target of at least $25m and is focused on Series A investments that are technology enabled and have international growth ambitions.

Invest with Hlayisani!
Or simply
get in touch with our team
Acquire investment for your business!
Or simply
get in touch with our team
Copyright © 2024 · Hlayisani Fund Managers (Pty) Ltd is a wholly owned subsidiary of Hlayisani Capital (Pty) Ltd. Hlayisani Fund Managers (Pty) Ltd is registered with the South African Financial Services Conduct Authority (FSCA) as a Financial Services Provider (FSP) with license number FSP 50908 (Authorised Category I & II).
For detailed information, compliance policies and the company complaints process please contact admin@hlayisani.com.
Sandton, South Africa

Stellenbosch, South Africa

Designed and Developed by MikaByte Technologies

Company Registration Number: 14841139