Knife Capital Cuts Loose Opens in London After Attracting New Strategic

Investor

Top rated South African venture capital firm Knife Capital has expanded into the UK after
introducing a major strategic investor.

Cape Town, South Africa, September 06, 2017 --(PR.com)-- Venture capital firm Knife Capital has
expanded into London after introducing UK-based Draper-Gain Investments as a strategic investor. The
firm's team recently effected a management buyout from JSER-listed African Dawn Capital.

The London office will accelerate the international growth of companies within Knife Capital's
investment portfolio. Draper-Gain is a family office with significant global resources including existing
investments in South Africa.

The transaction was facilitated by entrepreneur and angel investor Bob Skinstad who is Knife Capital's
partner in SARS section 12J venture capital company KNF Ventures. South African 12J schemes were
created to promote early stage capital formation. They offer significant tax incentives for SA investors.

Skinstad, a former Springbok rugby captain who retired 10 years ago, moved to London in 2016 to head
up the business development function for Draper-Gain.

He says: Over the past year, Knife Capital impressed Draper-Gain while conducting a number of due
diligences and executing the subsequent transactions. This evolved into Draper-Gain taking a strategic
stake in Knife Capital and committing funding as its lead international investor.

Knife Capital is respected in its home market after shepherding transactions between founders of various
SA technology companies and multinationals including General Electric, Visa and Garmin. It has also
assisted SA firms with cross-border growth and management buyouts.

Keet van Zyl, investment partner at Knife Capital, is optimistic about the latest moves: The South
African early stage investment ecosystem is built on the risk capital of local angels and international
investors. Unfortunately local institutional investors largely avoid this space. While we will continue to
work at changing this mind-set, we are now creating a flexible structure for those international family
offices which want to invest with us alongside KNF's local 12J backers.

In 2014, Knife Capital was sold into financial services group African Dawn. After expected synergies did
not materialise, the Knife Capital team recently took back ownership of the company in a structured
management buy-out.

With offices in London and Cape Town, Knife Capital is creating an appealing proposition for
entrepreneurs and investors in both SA and the UK.

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Contact Information:
KNF Ventures
Keet van Zyl
+27827882727
Contact via Email
www.knf.vc

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