Edge Growth backs South African industrial supplier Massive Quantum
Posted on: 31 July, 2020 at 8:14 AM
South African investment firm Edge Growth has announced a partnership with Massive Quantum, which procures and supplies raw chemical materials and engineering products to South Africa and its neighbouring states. The working capital injection from the Coca-Cola Beverages South Africa (CCBSA) SME Fund, managed by Edge Growth’s Edge Action Fund, an enterprise and supplier development fund, comes with support mechanisms including mentorship and access to markets through corporate supply chains.
“The technical depth and operational excellence in Massive Quantum are key pillars to a successful pivot and expansion in service offering,” says Vuyiswa Nzimande, Edge Growth lead deal maker. “We believe the company is ready to move along the chemical and engineering value chain and make a notable mark on other niche markets.”
Massive Quantum was established in November 2012 to fulfil the production requirements of various industries in South Africa and its neighbouring states. The company has quickly scaled and is able to source, procure and supply any chemical raw materials, minerals, and engineering products/instruments that comply with the stringent quality, consistency and timeous requirements of its clients.
“As an SME we are always looking for ways to grow and expand, and were fortunate enough to obtain a loan from the Edge Action Fund which will be utilised to increase market share for activated carbon supply and servicing, growing our market presence in the Western Cape and Gauteng region, and increasing our staff complement as well as developing a team in Gauteng,” says Chantal Winnaar, CEO of Massive Quantum. “We are delighted to have Edge Growth as part of our growth journey.”
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