Our Portfolio
We support innovative climate-tech and green economy SMEs and businesses generating consistent revenue, and which demonstrate strong potential to create sustainable jobs, drive inclusive economic growth, and deliver measurable environmental impact.
Our Portfolio
We support innovative climate-tech and green economy SMEs and businesses generating consistent revenue, and which demonstrate strong potential to create sustainable jobs, drive inclusive economic growth, and deliver measurable environmental impact.
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Connected geyser solution that reduces burst geyser claim costs by integrating sensors, controllers, and motorized valves
Sensor Networks is a smart platform for managing home energy and customer risk, focused on reducing energy costs and water damage through AI-powered control of geysers and home appliances. Their tech helps households save up to 30–40% on geyser energy usage and insurers reduce water damage claims by up to 90%
Market Size
(Local) ZAR 10 billion (Global) USD 126 billion
Product
Aftermarket device for existing installations, integrating an array of sensors and a controller unit with motorized valves.
Founding Team
Mark Allewell, Jonathan Meyer, Francesco Stemmet, Uwais Asmal
Revenue (TTM)
ZAR 31.9 million
Investment Amount
ZAR 11.5 million
Local manufacturer of alternative dairy products, known for the popular brands Oh Oat milk and ditto gelato.
Ditto is an emerging African food-tech company based in Cape Town, building a scalable manufacturing platform for high-quality, affordable plant-based dairy alternatives. They operate a world-class 10,000L/hr aseptic facility capable of producing up to 42 million litres annually. With their first product line centered on oat milk, Ditto is targeting mass-market distribution across the continent.
Market Size
(Local) USD 165 million (Global) USD 25.19 billion
Product
Plant-based dairy alternatives, inlcuding oat milk, oat-milk chocolate, and oat-milk gelato
Founding Team
Renato Marchesini, Trent Pike
Revenue (TTM)
ZAR 4.8 million
Investment Amount
ZAR 10 million
From EV scale ups to green power,
we invest in the sustainable industries of the future.
The structure uses innovative financing mechanisms and market- based environmental assets to drive financial returns and social economic and environmental impact. Operating as an evergreen fund, we reinvest all returns into new opportunities.
What we invest in...
Aséli supports investment into South African small, micro, and medium enterprises operating in the climate-tech and green economy. We back post-proof-of-concept, post-revenue businesses that have validated their solutions and are ready to scale commercially. These enterprises must demonstrate strong potential to create sustainable jobs, drive inclusive economic growth, and deliver measurable environmental impact. Typical investments range from R5 million to R40 million, with the investment quantum scaling as funds under management increase.
Evergreen Capital for Climate Innovation
Aséli is not another impact fund - it is a first-of-its-kind permanent capital vehicle in Africa. Structured as a non-profit company, Aséli exists to unlock growth for green SMEs that conventional finance overlooks.
Our innovative financing model combines:
Patient, Revenue-Based Financing:
Aséli deploys capital through flexible, revenue-linked instruments that align repayments with business performance. This approach reduces pressure on early-stage enterprises, enabling them to scale sustainably while still protecting investor confidence.