Savant Venture Fund
OneBio Innovation Centre, 271 Victoria Rd, Salt River, Cape Town, South Africa
Overview
Savant Technology Incubator is a commercially-focused hardware technology incubator that provides bespoke business development support. Savant partners with highly skilled science and technology inventors for their start-up growth journey.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 5
Investment portfolio
- CubeSpace
Participated · Equity · Feb 2024
CubeSpace ADCS develops modular, low-cost attitude determination and control systems for satellites, claiming capabilities to control satellites of any size. The company says its systems enable researchers, private companies, and governments to build satellites faster, with smaller teams and lower cost. With new funding CubeSpace plans to expand into international markets and scale its product range to control satellites up to one ton using large reaction wheels. The wheels will incorporate a high-efficiency precision electrical motor developed in-house. CEO Mike-Alec Kearney highlighted the company’s focus on meeting the satellite constellation market’s need for high-performance, low-cost reaction wheels that can be delivered in high volumes. The article tags the company in the South African tech context.