Value Contribution by Stage of Deal, 2017 vs 2018
Source: SAVCA (2018)
SAVCA (2019)

The chart above is a national view of the spread of investment value according to the stage of the deal. The chart shows that in 2018, the majority of investment deals in terms of value (42.2%), went towards the start-up phase. This was followed by 29.4% share invested in the growth stage and 19.4% share in later-stage deals. The contributions for these three stages of deals declined since 2017, whereas the share of investments towards seed, buyout, rescue/turnaround and replacement increased in 2018.