Venture Capital Investors

Industrial Development Corporation

Industrial Development Corporation is a VC investing group that backs high-potential tech companies.

Venture Investor Overview

Contact Information

Background Information

Overview

The Industrial Development Corporation (IDC) of South Africa Limited was established in 1940 through an Act of Parliament (Industrial Development Corporation Act, 22 of 1940) and is fully owned by the South African Government. IDC priorities are aligned with the national policy direction as set out in the National Development Plan (NDP), Industrial Policy Action Plan (IPAP) and industry Master Plans. Our mandate is to maximise our development impact through job-rich industrialisation, while contributing to an inclusive economy by, among others, funding black-owned and empowered companies, black industrialists, women, and youth-owned and empowered enterprises.

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Last Transaction

8/10/2022

Transaction History

Our records indicate that Industrial Development Corporation invested in the VC transactions listed below. Dollar amounts are for the entire raise, which may include other investors.

Investor Contacts

Title

Name

Email & Social

Chief Financial Officer

Isaac Malevu

        

Chief Executive Officer

Tshokolo Nchocho

        

Funds

No fund closings have been recorded for this company.

Portfolio Companies

Industrial Development Corporation has invested in only one tech company, according to our database records. If we are missing a portfolio company, please let us know.

Browse more venture capital investors:

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