CAPE TOWN – The Southern African Venture Capital and Private Equity Association (SAVCA), in collaboration with Investec and supported by Sanlam Investments, have announced the four category winners of the second annual SAVCA Industry Awards.
Speaking at the awards ceremony in Johannesburg on Thursday night, SAVCA chief executive, Tanya van Lill said the four portfolio companies being recognised this year, while very diverse in terms of industry and approach, all had two things in common.
“Firstly, they have all prospered from private equity and venture capital investment in the southern African region. More importantly, these companies all have a positive impact on job creation, the economy and social development.”
The 2019 category winners were, Aerobotics, a South African AgriTech company that builds advanced analytics on top of aerial drone and satellite imagery to deliver precision farming tools for clients. The company won the 2019 SAVCA Industry Award for Best Start-up/Venture Capital Company.
In 2018, Nedbank partnered with Aerobotics to conduct an initial experiment by flying drones over pecan nut farms of a prospective agricultural client at the time. This experiment won The Banker Tech Projects Awards 2018 for Best FinTech Partnership.