# Industrial Development Corporation: portfolio, investments and team

> Industrial Development Corporation is a vc firm based in South Africa. 2 investments on record, latest Sept 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/industrial-development-corporation (Millionrounds; every figure on the page links to its filing or article)

South Africa · [Investor](https://millionrounds.com/investors)

# Industrial Development Corporation

Last cheque observed Sep 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Debt Series B Network Security Software

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 2 on record

Since the last cheque **4066** days **00** hrs **00** min **00** sec

Median round **$158M** Rounds led **0 of 2** Sole investor **1 rounds**

Pitch Industrial Development Corporation

## Industrial Development Corporation highlights

- 01 2 rounds on record
- 02 Mostly Debt and Series B: 100% of its rounds
- 03 Sole investor in 1 rounds, median $450K

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Network Security Software
- **Based in:** South Africa
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2015** 1 round
- **Sept** **[SMILE Telecoms Holdings](https://millionrounds.com/company/smile-telecoms-holdings)** Debt · MU **$315M** With 6 others
- **2014** 1 round
- **Aug** **[Nomanini](https://millionrounds.com/company/nomanini)** Series B · ZA **$450K** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Debt Series B

Median round joined **$158M** the round, not its cheque Alone, median **$450K**

Led 0 of 2 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Sept 2015

Rounds by stage said on their site

- Debt *1*
- Series B *1*

Cheques by year Led Joined

2014 2015

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## Quick answers about Industrial Development Corporation

### What does Industrial Development Corporation invest in?

Industrial Development Corporation invests most often at Debt and Series B (100% of the rounds on record), in sectors such as Network Security and Software.

### How active is Industrial Development Corporation?

2 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2015.

### How big are Industrial Development Corporation's cheques?

The median round it joins is $158M.

### Is Industrial Development Corporation investing now?

No investments in the last 12 months; the latest was in Sept 2015.

### What kind of investor is Industrial Development Corporation?

Industrial Development Corporation is a VC firm based in South Africa.

### Where does this information on Industrial Development Corporation come from?

From public registers and its own website, checked and rebuilt every night.

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