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In brief Venture Capital South Africa

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    SweepSouth secures R10m in new funding

    SweepSouth, a South African on-demand home cleaning service has secured R10 million cash injection from top SA companies. Funding comes from the Vumela Fund, capitalised by the First Rand Group, and Vinny Lingham and Llew Claasen's firm, Newtown Partners. The job creation opportunities which the SweepSouth platform provides professional cleaners, is an important attribute of the investment for the Vumela Fund.

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