South Africa’s brain drain – A first-hand example, Spotify stocks fall after missing revenue expectations, The tough question Microsoft asked to see how smart candidates were, ESET launches ESET Cloud Office Security to provide advanced protection for Microsoft 365, Huawei AppGallery developer competition – Win your share of R1 million, Standard Bank SnapScan – The quick, reliable, and secure payment solution for your business, Vodacom and MTN investigate illegal phone tracking, Huawei Mate 40 – A stylish flagship that packs a punch, Britney Spears' new album will be exclusive to Apple Music. EQT Ventures is European multistage venture capital fund with commitments of just over €566 million. Naspers is a global Internet and entertainment group and one of the largest technology investors in the world. Comments section policy: MyBroadband has a new article comments policy which aims to encourage constructive discussions. Naspers made the news this week again, this time for an investment in Food Supply Network for an undisclosed sum. “EQT Ventures looks forward to supporting the team as Dott expands into new countries and launches new offerings.” Naspers. “Dott has experienced good traction in its first few months of operation and is leading with a local, sustainable and safety-first mindset, which is appealing to Naspers.”. The Gen 3 is currently in design and will be available in 2020. Click on a link to download a PDF with the biography of our management team members. “EQT Ventures looks forward to supporting the team as Dott expands into new countries and launches new offerings.”. Angel, Fund of Funds, Venture Capital), Whether an Organization is for profit or non-profit, General contact email for the organization, The date when the Organization went public, Total number of sub-organizations that belongs to a parent Organization. If you only require a jpeg image you can download it here as well. “Over the last six months, Dott’s world-class team has proved they can develop and deliver the best product in the market, iterate quickly, and execute on their ‘locals with locals’ approach to ensure each roll-out meets the needs of the city it’s in. “The dense nature of cities in Europe is ideal for e-scooter and e-bike sharing for short commutes – most trips are much more efficiently covered than with a car,” said Martin Tschopp, COO, Naspers Ventures. Stock ticker symbol (e.g. Naspers is a global internet group that empowers people and enrich communities. The company’s most successful investment happened in 2001, when it invested in Tencent Holdings. The Tencent investment helped grow Naspers into one of the most valuable companies in South Africa, with a market capitalisation of around R1 trillion. To get your comments published, make sure it is civil and adds value to the discussion. The company operates an independent business-to-business marketplace that improves the process of food delivery and supply to the likes of restaurants and hotels. Private Equity Firms with Investments in NA - South Africa. Naspers profit climbs on Tencent, e-commerce boost, Naspers opens new office in San Francisco, DStv Headline M-Net Media24 MultiChoice MWEB Naspers. AAPL, FB, TWTR), Total number of current team members an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. South Africa’s Naspers through its Naspers Ventures division and EQT Ventures have invested €30 million (R474 million) in Dott, a European micro-mobility company. 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SaaS, Android, Cloud Computing, Medical Device), Operating Status of Organization e.g. In 1997, Naspers founded MWEB, which is now one of the best-known Internet service providers in South Africa. The company believes in the power of local backed by global scale and they look for opportunities to address big societal needs in markets where they see the greatest growth potential. Dott’s e-bike will be launched within months and is produced in Europe and China and assembled in France. Naspers is a global internet group that empowers people and enrich communities. Which industries do these Sub-Organization operate in? Naspers also established a ventures team in the United States in 2016 to explore new growth and investment opportunities, with a focus on mobile services. Dott will launch in select cities in Germany, the UK, and the Netherlands in the coming months. Other investors include existing investors Axel Springer Digital Ventures, Felix Capital, FJ Labs, U-Start Club, and angel investors. Dott ’s eScooters have been carefully deployed in Brussels, Paris, Lyon, and Milan between January and June 2019. Klar, a new online bank based in Mexico City, has become the first big bet that Prosus Ventures (the firm formerly known as Naspers Ventures) is … EQT Ventures is part of EQT, a leading investment firm with more than €61 billion in raised capital across 29 funds. Naspers also established a ventures team in the United States in 2016 to explore new growth and investment opportunities, with a focus on mobile services. It was founded in 1915 as the “Afrikaner Nasionale Pers”, with a focus on publishing and printing newspapers and magazines. All while maintaining their focus on safety and ensuring that micro-mobility is environmentally friendly,” said Lars Jörnow, partner and investment advisor at EQT Ventures. Our aim is now to accelerate, take the full lead in cities where we operate, expand to new countries and launch our own Dott e-bike as well as the two next generations of e-scooters in the coming months.”. Fuelled by some of Europe’s most experienced company builders and scalers, EQT Ventures helps the next generation of entrepreneurs with capital and hands-on support. In 1985, the company launched M-Net, South Africa’s first pay-TV service, which started it on a path to becoming a global media and Internet powerhouse. Naspers Ventures leverages the global reach, knowledge and resources of Naspers, one of the largest technology investors in the world, to enable an environment that helps entrepreneurs build, grow and scale their businesses. Its mission is to beautifully design micro-mobility for safety, comfort, and durability, to make green travel an easy choice for everyone in European cities. Dott is a micro-mobility European start-up founded by Maxim Romain and Henri Moissinac, gathering the most experienced team in mobility and tech in Europe. Naspers companies operate and invest in countries and markets across the world with long-term growth potential. Active, Closed, This describes the type of investor this organization is (e.g. MTN is Ending its Presence in the Middle East, Sells Stake... Start Reimagining Your Business Model Now, Faith Muthambi Dishes Out Jobs to Hometown Friends, Hlaudi’s Kid, SA’s WhereIsMyTransport Gets Additional R20 million Funding from a London-based Investor. The €30m investment will be used to accelerate the go-to-market for Dott’s custom-designed new products,  E-bike, which its design is complete, and pre-production is in progress. The graphic below provides a comprehensive overview of the companies which Naspers owns or has a significant stake in. “We’ve shown in the first months that we can offer a true alternative in European cities, taking the lead both in terms of sustainability and best user experience,” said Romain. SixThirty, US-based tech venture capital fund, is making a big bet on South Africa's InsurTech company Click2Sure. Dott has an 80-people staff, with two headquarters (HQ): technical & admin HQ in Amsterdam, operations HQ in Paris. While the company was founded as a publishing house, its principal operations are now in Internet companies – including a wide range of e-commerce properties. It will also be used in the company’s E-scooter generations 2 and 3. View Martin Tschopp’s profile on LinkedIn, the world's largest professional community. Naspers companies operate and invest in countries and markets across the world with long-term growth potential. It has created a list of ten commitments the company will adhere to in order to have a responsible and collaborative approach with cities. Before joining Naspers, Ashutosh was with the India team of Silicon Valley-based venture capital firm Norwest, prior to which, he was with Qualcomm Ventures. It’s the third deal by Naspers’ venture funding unit, Foundry. Image: Barron’s. Naspers is a global consumer internet group and one of the largest technology investors in the world. Martin has 1 job listed on their profile. The company believes in the power of local backed by global scale and they look for opportunities to address big societal needs in markets where they see the greatest growth potential. Operating and investing in countries and markets across the world with long-term growth potential, Naspers builds leading companies that empower people and enrich communities. Which bank do you use for your primary account? It has raised an initial investment of €20 million in December 2018, co-led by EQT Ventures and Naspers with participation from other investors and business angels in Europe. EQT funds have portfolio companies in Europe, Asia, and the US with total sales of more than €21 billion and approximately 127,000 employees. Naspers is a global consumer internet group and technology investors that empowers people and enrich communities. The company was founded on May 12, 1915, and is based in Cape Town, South Africa. “We think we have a winning combination now, starting with our great results in Paris, along with scooters designed for shared mobility and fully integrated operations from start. Below are several of the prominent companies which Naspers owns or has a significant stake in. Naspers is a global consumer internet group and one of the largest technology investors in the world. The Gen 2 will be available by the end of the year and includes a swappable battery. SixThirty is a venture capital fund and... Naspers, EQT Ventures Invest R474m in European Micro-Mobility Firm, US-Based Investor SixThirty Invest in SA’s InsurTech Firm Click2Sure. Can You Be Arrested for Warning Cars About Roadblocks?