SA’s Knife Capital makes first overseas investment

SA’s Knife Capital makes first overseas investment

South African VC firm Knife Capital has made its first overseas investment by participating in a ZAR22 million (US$1.55 million) funding round in Stockholm-based Mobile and Sensory Technology (MOST). The Cape Town-based Knife Capital is investing alongside some of Europe’s most successful new age entrepreneurs – the founders of the British and Swedish games studio King Digital Entertainment, the creator of global sensation Candy Crush. The investment was facilitated through Knife’s new London office by director Bob Skinstad, who will join MOST’s board alongside King Digital co-founder Lars Markgren. As a hardware and software startup, MOST focuses on innovations […]