P

Public Investment Corporation

416 employees

PIC is the only investment management company in South Africa that focuses exclusively on the public sector.

Investor insights

Sectors invested in

Software2
Internet2
Telecommunications2
Mobile2
Financial Services1
Scheduling1
Task Management1
big data1
citizen engagement1
Data Visualization1
government budget software1
GovTech1
data analytics1
visual budgets1
transparency1
SaaS1
Smart Farming1
Agritech1
Precision Agriculture1
Analytics1

Funding rounds participated in

$50M sweet spot round size

Most of their 8 investments are in rounds between $3.3M and $100M

Basic info

Industry

financial services

Sectors

Private Equity
Public Relations
Investments
ESG
Finance and Economy
Asset Management
Property
Risk Management
Impact Investing

Date founded

1911

Investments made

U

Ukko Agro Inc. raised $4M on December 16, 2021

Investors: Ag Capital Canada, Whitecap Venture Partners and Public Investment Corporation

A

African Export-Import Bank (Afreximbank) raised $100M on September 21, 2018

Investors: Public Investment Corporation

Z

ZAR X (Pty) Ltd raised undisclosed on January 26, 2018

Investors: Public Investment Corporation

C

Coconut Software raised $3.3M on November 7, 2017

Investors: ScaleUP Ventures Inc., Information Venture Partners, StandUp Ventures, Bay Partners and Public Investment Corporation

C

ClearGov raised $1.2M on March 29, 2017

Investors: MassVentures and Public Investment Corporation

S

Smile Communications raised $50M on September 8, 2015

Investors: Public Investment Corporation

S

Smile Communications raised $315M on September 8, 2015

Investors: Development Bank Of South Africa, Diamond Bank Plc, Industrial Development Corporation, African Export-Import Bank (Afreximbank) and Public Investment Corporation

C

CAMAC Energy Inc. raised $135M on February 23, 2014

Investors: Public Investment Corporation

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