Cash gets SA tech start-ups off ground

Investment poured into innovative local tech firms last year

10 January 2021 - 00:07 By ARTHUR GOLDSTUCK

The global tech boom that saw Amazon and Microsoft market valuations pass a trillion-and-a-half dollars in 2020 trickled down powerfully to start-ups - and SA was not left out of the action.

Although there were no multibillion-dollar initial public offerings (IPOs) - as with Airbnb, Doordash and Snowflake in the US, three of the 10 biggest IPOs ever for US tech companies - investment poured into local start-ups...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.