Our Mandate
Since 2019 Transvaal VC has been a sector-specialist VC manager in mining and its ecosystem, backing mining projects 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 (startups & scale-ups)
Energy
We operate across South Africa, financing ventures with start-up capital ranging from as little as R1,000,000 to ZAR 30 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 prioritise real cash flow over speculative exits. Our ROI recovery 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.
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
In mining projects, environmental stewardship is paramount. This includes:
Rehabilitation of mined land
Repurposing degraded approved sites into solar farms, battery storage, or digital infrastructure (e.g., data centres, rural broadband hubs)
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 for our investors, entrepreneurs, communities and governments. 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 financially, socially, and ecologically sound—creating businesses that pay for themselves while building long-term value for all stakeholders.