South Africa · Investor

NEXT176

Last cheque observed Mar 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

VC firmQuiet

SeedFinancial Services

Cheques on record
0%of best year0cheques in 12 months, 2 on record
Since the last cheque590days00hrs00min00sec
Median round$2.5MRounds led2 of 2Sole investor1 rounds
Pitch NEXT176

NEXT176 highlights

  1. 01

    2 rounds on record

  2. 02

    Mostly Seed: 100% of its rounds

  3. 03

    Sole investor in 1 rounds, median $3.3M

What they do

the management of Next176’s underlying early-stage investment assets will transition to Futuregrowth Asset ManagementFrom their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Sectors
Financial Services
Based in
Johannesburg, South Africa
Cold pitches
Not accepted

The record

Every round we can evidence, newest first2 appearances

  1. 2025

    2 rounds

  2. Mar
    Jem HRSeed · ZA · Disrupt Africa$3.3MLed
  3. Jan

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.

What they claim to have backed

From their own portfolio page (on their website)

3 of 8 we have independently watched raise

CovergoKena HealthThe Awareness CompanyJobjackKena HealthPumpknVault22Wizzit

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Recently backed

The latest companies NEXT176 put money into.

Quick answers about NEXT176

What does NEXT176 invest in?

NEXT176 invests most often at Seed (100% of the rounds on record), in sectors such as Financial Services.

How active is NEXT176?

2 investments on record, 0 of them in the last 12 months, and it led 2. The most recent was in Mar 2025.

What has NEXT176 invested in recently?

Its most recent investments on record: Jem HR (Seed, Mar 2025) and The Awareness Company (Seed, Jan 2025).

How big are NEXT176's cheques?

The median round it joins is $2.5M.

Is NEXT176 investing now?

No investments in the last 12 months; the latest was in Mar 2025.

What kind of investor is NEXT176?

NEXT176 is a VC firm based in Johannesburg, South Africa.

Where does this information on NEXT176 come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it