The BLOC Smart Africa fund (BLOC SA), initiated by the Smart Africa Alliance and managed by Bamboo Capital Partners, has announced an investment of USD 585,000 in TooMuchWifi, a South African internet service provider. BLOC SA led the USD 1,000,000 Pre-Series A round, catalysing additional capital from Connectivity Capital, Atreyu Investments and a European Family Office together with existing investors who made follow-on investments.

TooMuchWifi is bridging the connectivity gap by bringing fast, uncapped and affordable fibre-backed Internet to under-serviced, densely populated areas of South Africa, like townships. The proceeds of the funding will go toward scaling operations to increase presence in the existing markets and expand into new communities.