In ancient times, unexplored territories were marked 'Here Be Dragons' on maps and only the bravest of explorers dared venture there - often when they did, they discovered lush lands, rich with treasure and promise.

At HBD Venture Capital we take our name, and our philosophy, from 'Here be Dragons'. A South African company, founded by Mark Shuttleworth in 2000, HBD invests in early stage South African companies with high growth potential. Through board representation, HBD provides strategic direction to ultimately grow our investments to profitable exit. HBD Fund2 was launched in 2006, with the aim of making eight investments ranging from R10-million to R25-million per investment.
Latest News

11 April 08: Impi Linux sold to Business Connexion
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13 Feb 08: HBD extends early stage fund
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13 Feb 08: HBD invests in OrderTalk
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22 Nov 07: moyo Gets Sizeable VC Funding From HBD
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21 Sep 07: HBD Taxis into new public transport venture
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