ata-about-sliders-bg-grey ATA FUND I INVESTMENTS


December 2020



South Africa



Investment and Entrepreneurship




Sector:  Investment and Entrepreneurship

Type: Investment holding company (diversified interests)

Established: 2016

Status: An Investment Holding company that invests in and partners with entrepreneurs with businesses that provide services in strategic sectors of our economy and augment government’s provision of services to its citizens

Co-investors:  Other investment holding companies and investors

Why we invested

  • NuState invests in or partners with entrepreneurs that help close service gaps
  • NuState selects small businesses with proven models and potential, and the ability to generate attractive returns whilst achieving positive social transformation
  • NuState’s investment philosophy is very much aligned with that of Ata Capital
  • Investee businesses are both growth and defensive in nature
  • NuState has invested in companies providing educational, healthcare, renewable energy, smart services and utility supply solutions

FAIS Act Disclaimer

Ata Capital (Pty) Ltd (Registration Number 2006/028451/07) is an authorised Category I and II Financial Services Provider (“FSP”) in terms of the Financial Advisory and Intermediary Services Act, 37 of 2002 (“FAIS Act”) with FSP number 46869. The information and/or opinions contained herein should not be construed as advice as defined in the FAIS Act; neither do they constitute a solicitation, invitation or investment recommendation. Investors should take cognisance of the fact that there are risks involved when buying, selling or investing in any financial product. The value of investments may fall as well as rise, and investors may not recover the capital invested.

Given that value of investments will fluctuate over time and that past returns may not be indicative of future performance, investors should seek independent professional financial, legal and tax advice relevant to their individual circumstances before making any investment decision. The validity and accuracy of any illustrations, forecasts or hypothetical data are not guaranteed and are provided for illustrative purposes only.

Conflict of Interest

A copy of the latest version of our Conflict of Interest Policy can be obtained by sending an emailed request to

POPIA Compliance

Ata Capital’s data management policies are aligned with, and comply with, the provisions of the Protection of Personal Information Act, 4 of 2013 (“POPI Act”). A copy of our POPIA Manual can be obtained by sending an emailed request to

By accessing this website, you are assumed to have read and to have understood the contents of this disclaimer.