Kagiso Capital invests in local IoT commercial technology development company

Transformative investment holding company Kagiso Capital has invested R100-million in Stellenbosch-based specialised technology investment group Alphawave Group, which is focused on the Internet of Things (IoT). The Alphawave Group’s 12 businesses traverse technologies from sensor technology, electronics, software development for virtual and augmented reality, machine learning and artificial intelligence. It has expertise, proven over the last 25 years, to support and build successful commercial technology companies, Kagiso and Alphawave note in a media statement.

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