Updated List of Top Recently Funded Startups in Africa for 2024
Last update to database: November 11, 2024
Exploring Africa’s Best Funded Companies for 2024
Explore the latest advancements in Africa’s fast-growing startup ecosystem with our updated list of recently funded startups for 2024. As one of the most dynamic and diverse regions for innovation, Africa is home to a vibrant array of startups securing significant investments across various industries. These investments are driving growth in sectors such as fintech, agriculture, health tech, and renewable energy.
Our list is updated weekly to provide the most current insights into emerging businesses across the continent, covering key funding rounds, major investors, and important industry trends.
Whether you’re an investor, entrepreneur, or stakeholder in the startup ecosystem, explore Africa’s top funded companies and discover the opportunities shaping the future of the region.
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Updated List of Top Recently Funded Startups in Africa for 2024
Last update to database: November 11, 2024
Connect With Recently Funded Startups
Sign up for our monthly newsletter and receive free leads from recently funded startups every month
Exploring Africa’s Best Funded Companies for 2024
Explore the latest advancements in Africa’s fast-growing startup ecosystem with our updated list of recently funded startups for 2024. As one of the most dynamic and diverse regions for innovation, Africa is home to a vibrant array of startups securing significant investments across various industries. These investments are driving growth in sectors such as fintech, agriculture, health tech, and renewable energy.
Our list is updated weekly to provide the most current insights into emerging businesses across the continent, covering key funding rounds, major investors, and important industry trends.
Whether you’re an investor, entrepreneur, or stakeholder in the startup ecosystem, explore Africa’s top funded companies and discover the opportunities shaping the future of the region.
Comprehensive Database of Recently Funded Companies in Africa - Updated Weekly
|
Company Name
|
Website | Industries | Funding Amount (USD) | Recent Funding Date | Recent Funding Type | Company Headquarters | # Employees | Company Description | Top 5 Investors |
|---|---|---|---|---|---|---|---|---|---|
| Agventure Limited | www.agvke.com | Agriculture, AgTech, Farm... | $10M | November 2024 | Venture - Series Unknown | Meru, Eastern, Kenya | 59 | Agventure is a farmer-own... | AgDevCo |
| Pargo | www.pargo.co.za | Delivery, Last Mile Trans... | $4M | October 2024 | Venture - Series Unknown | Cape Town, NA - South Africa, South Africa | 110 | Pargo understands that pa... | 3 Capital Ventures, Endea... |
| BasiGo | www.basi-go.com | Automotive, Electric Vehi... | $24M | October 2024 | Series A | Nairobi, Nairobi Area, Kenya | 87 | BasiGo is an e-mobility c... | United States Agency for ... |
| Colis.ma | www.colis.ma | Logistics | $300K | October 2024 | Pre-Seed | Oujda, Oriental, Morocco | 3 | Colis.ma is the best way ... | Baobab Network, Orange Co... |
| Lapaire | www.lapaire.africa | E-Commerce | $3M | October 2024 | Venture - Series Unknown | Nairobi, Nairobi Area, Kenya | 330 | Technology-enabled eye ca... | AfricInvest, Proparco, Sa... |
| Octavia Carbon | www.octaviacarbon.com | Carbon Capture, Environme... | $4M | October 2024 | Seed | Nairobi, Nairobi Area, Kenya | 53 | Octavia Carbon is a Direc... | Renew Capital, Village Ca... |
| Horizon Surgical | www.horizonsurgicalsystems.com | Artificial Intelligence (... | $30M | October 2024 | Series A | Malibu, California, United States | 34 | Horizon Surgical Systems ... | Main Street Advisors, ExS... |
| Grid Africa | www.gridafrica.com | Energy, Solar | $3M | October 2024 | Venture - Series Unknown | Bryanston, NA - South Africa, South Africa | 3 | Grid Africa provides sola... | Rifuwo Energy Partners |
| Rabbit Mobility | www.rabbit-app.com | Electric Vehicle, Informa... | $1M | October 2024 | Venture - Series Unknown | Cairo, Al Qahirah, Egypt | 37 | Rabbit is a clean-tech tr... | 500 Global, Untapped Glob... |
| Konnect | www.konnect.network | Financial Services, FinTe... | $1M | October 2024 | Seed | Tunis, Tunis, Tunisia | 11 | A cross-border payment so... | Flat6Labs, Founders Facto... |
| Dhamana Guarantee Company | www.dhamana.com | Credit, Financial Service... | $10M | September 2024 | Venture - Series Unknown | Nairobi, Nairobi Area, Kenya | 6 | Dhamana Guarantee operate... | African Development Bank,... |
| KWIKS | www.kwiks.io | Human Resources | $824K | September 2024 | Venture - Series Unknown | Sidi Maarouf, Grand Casablanca, Morocco | 30 | Kwiks is Artificial intel... | Azur Innovation Managemen... |
| Settle Payments | www.settle-payments.com | Financial Services | $2M | September 2024 | Pre-Seed | Cairo, Al Qahirah, Egypt | 8 | SETTLE automates enterpri... | Shorooq Partners, Plus Ve... |
| Happy Pay | www.happypay.co.za | Finance, Financial Servic... | $2M | September 2024 | Pre-Seed | Cape Town, NA - South Africa, South Africa | 17 | Happy Pay is a payment pl... | Equitable Ventures, Felix... |
| Regfyl | www.regfyl.com | Compliance, Fraud Detecti... | $1M | September 2024 | Pre-Seed | Lagos, Lagos, Nigeria | 1 | Regfyl platform for the w... | Africa Fintech Collective... |
| REXIAL | www.rexial.com | Finance, Software | $424K | September 2024 | Seed | Kampala, Kampala, Uganda | 2 | REXIAL is automating dire... | Nordic Impact Funds |
| chpter | www.chpter.co | Artificial Intelligence (... | $1M | September 2024 | Pre-Seed | Nairobi, Nairobi Area, Kenya | 20 | Chpter is an AI-driven co... | pani, Techstars, Renew Ca... |
| Omnisient | www.omnisient.com | Analytics, Big Data, FinT... | $8M | August 2024 | Series A | Cape Town, NA - South Africa, South Africa | 44 | Omnisient is a Privacy En... | Investec, Shoprite Holdin... |
| Solarise Africa | www.solariseafrica.com | Energy, Finance, Financia... | $36M | August 2024 | Private Equity | Ebène, Plaines Wilhems, Mauritius | 28 | Solarise Africa is a pan-... | Aster, Oikocredit Interna... |
| Workpay | www.myworkpay.com | Financial Services, Human... | $5M | August 2024 | Series A | Nairobi, Nairobi Area, Kenya | 120 | Workpay is a Payroll, Ben... | Y Combinator, Google for ... |
| Open Access Energy | www.openaccess.energy | Renewable Energy, Softwar... | $2M | August 2024 | Seed | Cape Town, NA - South Africa, South Africa | 5 | Open Access Energy provid... | Factor[e] Ventures |
| Synapse Analytics | www.synapse-analytics.io | Analytics, Artificial Int... | $2M | July 2024 | Seed | Cairo, Al Qahirah, Egypt | 68 | Synapse Analytics is an A... | Hub71, Silicon Badia, Egy... |
| Intron Health | www.intron.io | Electronic Health Record ... | $2M | July 2024 | Pre-Seed | Lagos, Lagos, Nigeria | 35 | Saving doctors 3+hrs per ... | Africa Health Ventures, A... |
| TurnStay | www.turnstay.com | FinTech, Travel | $300K | July 2024 | Seed | Cape Town, NA - South Africa, South Africa | 2 | TurnStay helps travel ind... | Digital Currency Group, D... |
| Uncover | www.uncoverskincare.co | Beauty, Consumer, Health ... | $1M | July 2024 | Seed | Nairobi, Nairobi Area, Kenya | 22 | Uncover is a beauty compa... | Antler, Goodwater Capital... |
| NALA | www.nala.com | Finance, Financial Servic... | $40M | July 2024 | Series A | Nairobi, Nairobi Area, Kenya | 130 | Nala is a FinTech company... | Digital Currency Group, A... |
| Jump Energy | www.jumpenergy.io | Manufacturing, Semiconduc... | $108K | July 2024 | Pre-Seed | Nairobi, Nairobi Area, Kenya | 4 | Jump Energy enables zero-... | imec.istart |
| PAIX Data Centres | www.paix.io | Telecommunications | $30M | July 2024 | Venture - Series Unknown | Gauteng, NA - South Africa, South Africa | 66 | PAIX data centres is a Pa... | Africa50, Charlotte Lawre... |
| Connect Money | www.connect.money | Finance, Financial Servic... | $8M | June 2024 | Seed | Cairo, Al Qahirah, Egypt | 19 | Connect Money offers paym... | OneStop Capital, Algebra ... |
| i'SUPPLY | www.isupply.com.eg | Health Care, Pharmaceutic... | $1M | June 2024 | Seed | Cairo, Al Qahirah, Egypt | 47 | The First Tech-Based Digi... | AXIAN, Disruptech Venture... |
| Sahl | www.sahlpay.app | Apps, Financial Services | $6M | June 2024 | Series A | 6 October City, Al Jizah, Egypt | 86 | Sahl offers helps to give... | Egypt Pay, E-Finance, El-... |
| YoLa Fresh | www.yolafresh.com | Agriculture, AgTech, B2B,... | $7M | May 2024 | Seed | Casablanca, Grand Casablanca, Morocco | 47 | YoLa Fresh empowers small... | FMO, Algebra Ventures, Un... |
| LAfricaMobile | www.lafricamobile.com | Customer Service, Digital... | $5M | May 2024 | Series A | Dakar, Dakar, Senegal | 31 | LAfricaMobile is a digita... | SouthBridge Investments, ... |
| Orca Fraud | www.orca-fraud.com | Compliance, Fraud Detecti... | $550K | May 2024 | Pre-Seed | Cape Town, NA - South Africa, South Africa | 2 | Africa's first fraud orch... | Everywhere Ventures (The ... |
| OneOrder | www.oneorder.net | Catering, Customer Servic... | $16M | May 2024 | Series A | Cairo, Al Qahirah, Egypt | 40 | One Order delivers except... | A15, Delivery Hero Ventur... |
| TowerCo of Africa | www.towercoofafrica.com | Communications Infrastruc... | $30M | May 2024 | Debt Financing | Ebène, Plaines Wilhems, Mauritius | 130 | TowerCo of Africa is a to... | European Investment Bank,... |
| GROUPE SONATEL | www.sonatel.sn | Information and Communica... | $95M | May 2024 | Debt Financing | Dakar, Dakar, Senegal | 4000 | Sonatel is a telecommunic... | Emerging Africa Infrastru... |
| SPIRO | www.spironet.com | Automotive, Electric Vehi... | $50M | May 2024 | Debt Financing | Cotonou, Littoral, Benin | 260 | SpiroNet is an electric m... | Societe Generale, African... |
| First Capital Bank Botswana | www.firstcapitalbank.co.bw | Banking, Finance, Financi... | $8M | May 2024 | Debt Financing | Gaborone, South-East, Botswana | 240 | First Capital Bank provid... | African Development Bank |
| SAYeTECH | www.sayetech.io | Agriculture, Industrial, ... | $100K | May 2024 | Seed | Kumasi, Ashanti, Ghana | 22 | Sayetech is a product and... | AgFunder, MassChallenge I... |
| GamicHQ | www.gamic.app | Blockchain, Gaming, Softw... | $2M | May 2024 | Seed | Lagos, Lagos, Nigeria | 25 | Imagine Discord, but for ... | michael k sam k sam, Mula... |
| Maad | www.maad.io | B2B, E-Commerce Platforms... | $2M | May 2024 | Seed | Dakar, Dakar, Senegal | 38 | Maad is a B2B marketplace... | Alumni Ventures, Seedstar... |
| MNZL | www.mnzl.co | Finance, Financial Servic... | $4M | May 2024 | Seed | Heliopolis, Al Qahirah, Egypt | 8 | Asset-backed financing. D... | Ingressive Capital, P1 Ve... |
| Swypex | www.swypex.com | Financial Services, Secur... | $4M | May 2024 | Seed | Egypt, Arkansas, United States | 23 | Swypex develops spend man... | Accel, Raba Partnership, ... |
| SEAMFIX | www.seamfix.com | Enterprise Software, Iden... | $5M | May 2024 | Venture - Series Unknown | Lagos, Lagos, Nigeria | 210 | Trusted digital identity ... | Alitheia IDF |
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