Transvaal VC is a sector-specialist investor in mining and its ecosystem, backing projects and businesses that drive sustainable resource development. We deploy capital with a clear path to return on investment (ROI) while aligning our interests with those of our investees, communities, and the environment.

Our investment mandate spans:

  • Mining projects (mainly startups)

  • Mining technology & innovation

  • Mining contractors & service providers

  • Entrepreneurs supplying major miners & Eskom

  • Energy solutions tied to mining operations

We operate across South Africa, financing ventures with start-up capital ranging from ZAR 1 million to ZAR 25 million. Our flexible funding model includes:

  • Convertible notes (aligning risk with growth potential)

  • Equity financing (for high-upside opportunities)

  • Revenue/royalty-based financing (repayment tied to production)

  • Joint Ventures & Co-Development Structures (shared stakes or profit-sharing agreements

  • Offtake-Linked Prepayments (upfront capital in exchange for committed future volumes)

Unlike traditional venture capital, we prioritize real cash flow over speculative exits. Our repayment mechanisms, whether through revenue sharing, royalties, joint ventures, or offtake prepayments, are designed to mirror the business’s financial cycle, ensuring obligations are met without stifling growth.


Our Mandate

A bison standing in snowy landscape with snow on its face and horns.

Holistic Value Creation

Mining must benefit more than the bottom line. Our investment terms mandate:

  • Community empowerment (jobs, skills transfer, local procurement)

  • 100% local sourcing where South African SMEs can compete

  • Environmental stewardship, including:

    • Rehabilitation of mined land

    • Repurposing degraded sites into solar farms, battery storage, or digital infrastructure (e.g., data centers, rural broadband hubs)

    • In the 1st Quarter of 2026, we will launch the Critical Fund, which will, as part of its mandate, fund the development of renewable projects on mined-out properties.

Resilience Through Partnership

Unlike funds that rely on speculative IPOs or M&A events, our model is grounded in operating cash flow and profitability from day one. We invest in ventures with real revenue pathways, offtake agreements, and production schedules—ensuring returns are tied to fundamentals, not paper valuations.

Our first priority is always protecting and multiplying our investors’ capital. By structuring deals around actual cash generation and sustainability metrics, we deliver durable returns that are financial, social, and ecological—creating businesses that pay for themselves while building long-term value.