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 south african venture capital firm


IndyGeneUS AI, Inc. secures $1.5M investment from South African Venture Capital Firm

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IndyGeneUS AI (pronounced "indigenous", a South Africa Founder Institute portfolio company) opens its seed round with a $1.5M investment from South African based venture capital company IsimoVest Venture Capital Partners in addition to an undisclosed amount from a South African angel investor. Located in Cape Town, IsimoVest is a Pan-African venture capital company that specializes in early stage, high-potential technology ventures that will likely provide highly impactful corporate social investment solutions. As a cutting-edge investment firm, IsimoVest is dedicated to economically empowering communities for the benefit of Africans. To that end, the firm will support IndyGeneUS AI in establishing its sequencing facility in Cape Town and establishing local key strategic partnerships. IndyGeneUS AI is developing a Multiomic data analysis and management platform that can detect new signature sequences such as biomarkers or polygenic risk scores by integrating "omics" data, meta data and textual information such as Electronic Healthcare Record data.