Overview of Investor

Knife Capital manages HBD Venture Capital’s South African portfolio of investments.

HBD VC is a South African venture capital fund founded by Michael Shuttleworth in 2000. HBD (an acronym for ‘Here Be Dragons’ – a term used in ancient times to mark unchartered territories on maps) offered growth capital to a range of early stage businesses. The fund is now fully invested and its current focus is on growing its investments to achieve successful exits.

Type of investor
Private Equity
Preferred investment stage
Series C
Sector/s of Interest
Agriculture, forestry and fishing
​Mining and quarrying
​Manufacturing
​Electricity, gas, steam and air conditioning supply
Water supply; sewerage, waste management and remediation activities
​Construction
​Transportation and storage
​Information and communication
Financial and insurance activities
​Education
Human health and social work activities
Country/s of interest
South Africa