The Southern African Venture Capital and Private Equity Association (Savca) has released its Venture Capital Industry Survey (pdf). Some interesting numbers: number of reported South African VC deals rose from 114 deals in 2016 to 159 in 2017, VC sector invested a total of R1.16-billion (~$78,424,792.80) in startups and early-stage companies and average deal size increased from R7.6-million (~$513,817.61) in 2016 to R8.3-million (~$561,229.82) last year. VentureBurn has more.
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