Interview: SA's LightWare LiDAR raises R25m for global expansion

Loading player...
In this episode of the podcast, Duncan McLeod speaks to James Portman, founder and CEO of Centurion-based LightWare LiDAR, about the company's R25-million fundraising round with private equity player Sanari Capital.
Portman, who is joined in the discussion by Sanari CEO Samantha Pokroy, explains how a South Africa light detection and ranging (Lidar) company has caught the eye of hi-tech clients around the world.
LightWave plans to use the private-equity fundraising to expand its product offerings further abroad, Portman explains in the podcast. He talks about how the company was started, its focus areas and where he sees the business going.
Pokroy then explains why Sanari Capital -- backed by institutional investor 27four -- decided to invest in LightWave LiDAR and its expectations from the investment.
She explains Sanari's focus area, how the investment in LightWave came about and where the company intends to direct funds through its new, R1.5-billion "lower and mid-market fund".
Don't miss the discussion!
25 Aug 2020 English South Africa Technology · Business

Other recent episodes

TCS | Barney Harmse on building Paratus Group – and working with Starlink

Paratus Group executive chairman Barney Harmse joins the TechCentral Show to share the story of the telecommunications group’s rise from small beginnings in Angola and Namibia more than 20 years ago and how it became one of Southern Africa’s biggest ICT infrastructure players. Paratus started life in Angola in 2003,…
3 Sep 56 min

TCS | Maziv goes massive: CEO Dietlof Mare on Vumatel’s big roll-out plans

Maziv, the company that owns Vumatel and Dark Fibre Africa, plans to spend R12-billion over the next five years as its ramps its deployment of fibre infrastructure across South Africa. Poised for a big injection of cash and assets from Vodacom, which is buying a 30% co-controlling stake in the…
26 Aug 52 min

TCS+ | Arctic Wolf on cybersecurity in the age of AI

What does it really take to defend a business in an era of AI-driven attacks? In this episode of TechCentral’s TCS+ ,Clare Loveridge, vice president and GM for Europe, Middle East and Africa (Emea), and Johnny Ellis, senior director of Emea channel sales, both at Arctic Wolf, go beyond the…
25 Aug 33 min

TCS | The story behind Nedbank’s R1.65-billion iKhokha deal

Nedbank announced last week that it was acquiring Durban-based fintech iKhokha in a R1.65-billion deal that could signal the start of further consolidation in the payments industry in South Africa. Nedbank described the deal as a “significant milestone” in its strategy to target small and medium enterprises. iKhokha co-founder and…
22 Aug 26 min