R58 Million Partnership Set To Power South Africas Next Tech Giants

7 Days(s) Ago    👁 94
 

High-potential tech startups supported by Telkom FutureMakers and Aions Creative Technology are gaining the operational support, strategic insight and hands-on mentoring needed to move beyond survival mode and into scalable, investable growth.

This partnership is about cultivating a new generation of scalable, investable tech businesses, says Tshepo Phetla, Head of Business Development at Telkom. Were seeing first-hand how the right interventions can fuel success, especially for young, black and women-led enterprises.

Unlike traditional investors, Aions embeds itself in the businesses it supports. From refining go-to-market strategies to strengthening back-end infrastructure, its approach is focused on long-term value creation, not quick wins.

Telkom established the Aions ICT Venture Builder in 2023 with a commitment of R58 million. It builds other technology companies from seed and development to early1stage phases and facilitates investments in those companies.

Our mission is to drive exponential value creation. Were here to build, not just fund, says Mitchan Adams, founder and CEO of Aions. We want to increase startup valuations within three years and create real momentum for founders to scale.

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