South Africa’s E Squared Deployed R300M Into Startups in 2025, Hits R1.37BN Lifetime

South African impact investor E Squared Investments deployed more than R300 million into local startups in 2025, bringing its total capital deployed to R1.37 billion across 227 ventures since its founding in 2017. The Allan Gray-backed firm describes itself as a provider of funding and end-to-end business support to high-growth businesses. It owns just under 18% of Allan Gray Proprietary, using dividends from that stake as a source of capital for its investment activities.