E2 Investments

E2 Investments, also referred to as E Squared Investments or Allan Gray E2 Ventures in some official materials, is an impact investment platform associated with Allan Gray that backs entrepreneurs, particularly Allan Gray Fellows and alumni, into growth businesses. It is described in reputable sources as an equity impact investments fund that provides long term capital to support excellence in entrepreneurship, using returns to fund predominantly black entrepreneurs. Public information indicates that E2 Investments is based in South Africa. In Africa, E2 Investments is active as a venture and growth investor, participating in seed, Series A, and other early stage rounds. According to available funding data, the firm has invested at least 39.5 million dollars across seven rounds between February 2022 and May 2026, with a clear geographic focus on South Africa. Its portfolio in the region includes MyNextCar in travel and mobility, Khula in agri tech, Zaio and Excel@Uni in education technology, and GoMetro in logistics and supply chain technology. These investments show a pattern of supporting technology enabled businesses that improve access and efficiency in critical sectors such as transport, agriculture, logistics, and education. E2 Investments has also appeared alongside international and regional partners including Emso Asset Management, Bolt, Kalon Venture Partners, Futuregrowth Asset Management, Hlayisani Capital, and Tritech Global in South African funding rounds, reflecting its collaborative approach within the local venture ecosystem.