E Squared Investments

E Squared Investments is a South African impact investor operating within the venture capital and private equity sectors. The firm is dedicated to empowering responsible entrepreneurs by investing in high-growth businesses, fund managers, and social enterprises. Their core mission is to deliver both commercial returns and measurable social outcomes, contributing to economic development and transformation in South Africa.

The firm's origins trace back to the vision of the late Dr. Allan Gray, who recognized his societal responsibility. E Squared was founded and launched in 2007 as an Allan Gray BEE partner, with funding activities commencing in 2017. They employ a multi-faceted approach, including direct investments, a Fund of Funds strategy, and comprehensive post-investment support to foster sustainable growth and impact.

E Squared's portfolio is diverse, spanning various sectors and backing visionary founders. Notable investments include companies like Alignd, Altera Biosciences, Regenize, GoMetro, Khula, WeThinkCode_, Zaio, Pele Energy Group, Havaic, and TFLCo. The firm actively supports enterprises that generate sustainable commercial value, address transformation, economic development, and social change, and tackle unemployment and inequality within South Africa.

The leadership team at E Squared brings extensive experience in organizational leadership, investing, operations, and governance across venture capital, private equity, and impact investing. Key team members include Gladwyn Leeuw (CEO), and Trustees such as Rob Dower, Ntebo Nkoenyane, Nadya Bhettay, Zipho Sikhakhane, and Lungile Mdluli, who also serves as the Board Chair.