Updated List of Top Recently Funded Startups in Africa for 2024
Last update to database: December 23, 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.
Unlock Free Weekly Leads from Recently Funded Startups
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Updated List of Top Recently Funded Startups in Africa for 2024
Last update to database: December 23, 2024
Unlock Free Weekly Leads from Recently Funded Startups
Create Free AccountSign up for free and connect with founders and key decision-makers at high-growth startups every week.
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
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Company Name
|
Website | Industries | Funding Amount (USD) | Recent Funding Date | Recent Funding Type | Company Headquarters | # Employees | Company Description | Top 5 Investors | Currently Hiring |
|---|---|---|---|---|---|---|---|---|---|---|
| Sourcefin | www.sourcefin.co.za | Financial Services, Ventu... | $8M Sign Up to Unlock | December 2024 | Private Equity | Johannesburg, NA - South Africa, South Africa | 32 | Financial service company... | Futuregrowth Asset Manage... | Sign Up to Unlock |
| Sturdee Energy | www.sturdee-energy.com | Energy & Sustainability | $44M Sign Up to Unlock | December 2024 | Undisclosed | Johannesburg, NA - South Africa, South Africa | 8 | Develops and operates ren... | Swedfund International, I... | Sign Up to Unlock |
| Hub2 | www.hub2.io | Financial Services | $9M Sign Up to Unlock | December 2024 | Series A | Port Louis Town, Port Louis, Mauritius | 26 | Payments digitalization p... | Bpifrance, Digital Curren... | Sign Up to Unlock |
| ariika | www.ariika.com | E-Commerce & Retail, Cons... | $3M Sign Up to Unlock | November 2024 | Series A | Cairo, Al Qahirah, Egypt | 82 | Is a direct-to-consumer d... | Beltone Venture Capital, ... | Sign Up to Unlock |
| Socium | www.socium.link | HR & Staffing, IT & Commu... | $5M Sign Up to Unlock | November 2024 | Seed | Dakar, Dakar, Senegal | 43 | HR-tech company providing... | SuperCapital, Kima Ventur... | Sign Up to Unlock |
| Amenli | www.amenli.com | Insurance | $2M Sign Up to Unlock | November 2024 | Seed | Cairo, Al Qahirah, Egypt | 66 | First licensed online ins... | European Bank for Reconst... | Sign Up to Unlock |
| InfraCredit | www.infracredit.ng | Financial Services | $30M Sign Up to Unlock | November 2024 | Venture - Series Unknown | Lagos, Lagos, Nigeria | 63 | Providing local currency ... | African Development Bank,... | Sign Up to Unlock |
| GlobalCorp- | www.globalcorp-fin.com | Credit, Financial Service... | $26M Sign Up to Unlock | November 2024 | Undisclosed | Cairo, Al Qahirah, Egypt | 160 | Provides a complete range... | Sign Up to Unlock | |
| Energenic Holdings | www.energenic.co.za | Battery, Energy | $5M Sign Up to Unlock | November 2024 | Private Equity | Gauteng, NA - South Africa, South Africa | 28 | Specializes in power solu... | Sanari Capital | Sign Up to Unlock |
| Agventure Limited | www.agvke.com | Agriculture, AgTech, Farm... | $10M Sign Up to Unlock | November 2024 | Venture - Series Unknown | Meru, Eastern, Kenya | 59 | Agventure is a farmer-own... | AgDevCo | Sign Up to Unlock |
| Pargo | www.pargo.co.za | Delivery, Last Mile Trans... | $4M Sign Up to Unlock | October 2024 | Venture - Series Unknown | Cape Town, NA - South Africa, South Africa | 110 | Pargo understands that pa... | 3 Capital Ventures, Endea... | Sign Up to Unlock |
| BasiGo | www.basi-go.com | Automotive, Electric Vehi... | $24M Sign Up to Unlock | October 2024 | Series A | Nairobi, Nairobi Area, Kenya | 87 | BasiGo is an e-mobility c... | United States Agency for ... | Sign Up to Unlock |
| Colis.ma | www.colis.ma | Logistics | $300K Sign Up to Unlock | October 2024 | Pre-Seed | Oujda, Oriental, Morocco | 3 | Colis.ma is the best way ... | Baobab Network, Orange Co... | Sign Up to Unlock |
| Lapaire | www.lapaire.africa | E-Commerce | $3M Sign Up to Unlock | October 2024 | Venture - Series Unknown | Nairobi, Nairobi Area, Kenya | 330 | Technology-enabled eye ca... | AfricInvest, Proparco, Sa... | Sign Up to Unlock |
| Octavia Carbon | www.octaviacarbon.com | Carbon Capture, Environme... | $4M Sign Up to Unlock | October 2024 | Seed | Nairobi, Nairobi Area, Kenya | 53 | Octavia Carbon is a Direc... | Renew Capital, Village Ca... | Sign Up to Unlock |
| Horizon Surgical | www.horizonsurgicalsystems.com | Artificial Intelligence (... | $30M Sign Up to Unlock | October 2024 | Series A | Malibu, California, United States | 34 | Horizon Surgical Systems ... | Main Street Advisors, ExS... | Sign Up to Unlock |
| Grid Africa | www.gridafrica.com | Energy, Solar | $3M Sign Up to Unlock | October 2024 | Venture - Series Unknown | Bryanston, NA - South Africa, South Africa | 3 | Grid Africa provides sola... | Rifuwo Energy Partners | Sign Up to Unlock |
| Rabbit Mobility | www.rabbit-app.com | Electric Vehicle, Informa... | $1M Sign Up to Unlock | October 2024 | Venture - Series Unknown | Cairo, Al Qahirah, Egypt | 37 | Rabbit is a clean-tech tr... | 500 Global, Untapped Glob... | Sign Up to Unlock |
| Konnect | www.konnect.network | Financial Services, FinTe... | $1M Sign Up to Unlock | October 2024 | Seed | Tunis, Tunis, Tunisia | 11 | A cross-border payment so... | Flat6Labs, Founders Facto... | Sign Up to Unlock |
| Dhamana Guarantee Company | www.dhamana.com | Credit, Financial Service... | $10M Sign Up to Unlock | September 2024 | Venture - Series Unknown | Nairobi, Nairobi Area, Kenya | 6 | Dhamana Guarantee operate... | African Development Bank,... | Sign Up to Unlock |
| KWIKS | www.kwiks.io | Human Resources | $824K Sign Up to Unlock | September 2024 | Venture - Series Unknown | Sidi Maarouf, Grand Casablanca, Morocco | 30 | Kwiks is Artificial intel... | Azur Innovation Managemen... | Sign Up to Unlock |
| Settle Payments | www.settle-payments.com | Financial Services | $2M Sign Up to Unlock | September 2024 | Pre-Seed | Cairo, Al Qahirah, Egypt | 8 | SETTLE automates enterpri... | Shorooq Partners, Plus Ve... | Sign Up to Unlock |
| Happy Pay | www.happypay.co.za | Finance, Financial Servic... | $2M Sign Up to Unlock | September 2024 | Pre-Seed | Cape Town, NA - South Africa, South Africa | 17 | Happy Pay is a payment pl... | Equitable Ventures, Felix... | Sign Up to Unlock |
| Regfyl | www.regfyl.com | Compliance, Fraud Detecti... | $1M Sign Up to Unlock | September 2024 | Pre-Seed | Lagos, Lagos, Nigeria | 1 | Regfyl platform for the w... | Africa Fintech Collective... | Sign Up to Unlock |
| REXIAL | www.rexial.com | Finance, Software | $424K Sign Up to Unlock | September 2024 | Seed | Kampala, Kampala, Uganda | 2 | REXIAL is automating dire... | Nordic Impact Funds | Sign Up to Unlock |
| chpter | www.chpter.co | Artificial Intelligence (... | $1M Sign Up to Unlock | September 2024 | Pre-Seed | Nairobi, Nairobi Area, Kenya | 20 | Chpter is an AI-driven co... | pani, Techstars, Renew Ca... | Sign Up to Unlock |
| Omnisient | www.omnisient.com | Analytics, Big Data, FinT... | $8M Sign Up to Unlock | August 2024 | Series A | Cape Town, NA - South Africa, South Africa | 44 | Omnisient is a Privacy En... | Investec, Shoprite Holdin... | Sign Up to Unlock |
| Solarise Africa | www.solariseafrica.com | Energy, Finance, Financia... | $36M Sign Up to Unlock | August 2024 | Private Equity | Ebène, Plaines Wilhems, Mauritius | 28 | Solarise Africa is a pan-... | Aster, Oikocredit Interna... | Sign Up to Unlock |
| Workpay | www.myworkpay.com | Financial Services, Human... | $5M Sign Up to Unlock | August 2024 | Series A | Nairobi, Nairobi Area, Kenya | 120 | Workpay is a Payroll, Ben... | Y Combinator, Google for ... | Sign Up to Unlock |
| Open Access Energy | www.openaccess.energy | Renewable Energy, Softwar... | $2M Sign Up to Unlock | August 2024 | Seed | Cape Town, NA - South Africa, South Africa | 5 | Open Access Energy provid... | Factor[e] Ventures | Sign Up to Unlock |
| Synapse Analytics | www.synapse-analytics.io | Analytics, Artificial Int... | $2M Sign Up to Unlock | July 2024 | Seed | Cairo, Al Qahirah, Egypt | 68 | Synapse Analytics is an A... | Hub71, Silicon Badia, Egy... | Sign Up to Unlock |
| Intron Health | www.intron.io | Electronic Health Record ... | $2M Sign Up to Unlock | July 2024 | Pre-Seed | Lagos, Lagos, Nigeria | 35 | Saving doctors 3+hrs per ... | Africa Health Ventures, A... | Sign Up to Unlock |
| TurnStay | www.turnstay.com | FinTech, Travel | $300K Sign Up to Unlock | July 2024 | Seed | Cape Town, NA - South Africa, South Africa | 2 | TurnStay helps travel ind... | Digital Currency Group, D... | Sign Up to Unlock |
| Uncover | www.uncoverskincare.co | Beauty, Consumer, Health ... | $1M Sign Up to Unlock | July 2024 | Seed | Nairobi, Nairobi Area, Kenya | 22 | Uncover is a beauty compa... | Antler, Goodwater Capital... | Sign Up to Unlock |
| NALA | www.nala.com | Finance, Financial Servic... | $40M Sign Up to Unlock | July 2024 | Series A | Nairobi, Nairobi Area, Kenya | 130 | Nala is a FinTech company... | Digital Currency Group, A... | Sign Up to Unlock |
| Jump Energy | www.jumpenergy.io | Manufacturing, Semiconduc... | $108K Sign Up to Unlock | July 2024 | Pre-Seed | Nairobi, Nairobi Area, Kenya | 4 | Jump Energy enables zero-... | imec.istart | Sign Up to Unlock |
| PAIX Data Centres | www.paix.io | Telecommunications | $30M Sign Up to Unlock | July 2024 | Venture - Series Unknown | Gauteng, NA - South Africa, South Africa | 66 | PAIX data centres is a Pa... | Africa50, Charlotte Lawre... | Sign Up to Unlock |
| Connect Money | www.connect.money | Finance, Financial Servic... | $8M Sign Up to Unlock | June 2024 | Seed | Cairo, Al Qahirah, Egypt | 19 | Connect Money offers paym... | OneStop Capital, Algebra ... | Sign Up to Unlock |
| i'SUPPLY | www.isupply.com.eg | Health Care, Pharmaceutic... | $1M Sign Up to Unlock | June 2024 | Seed | Cairo, Al Qahirah, Egypt | 47 | The First Tech-Based Digi... | AXIAN, Disruptech Venture... | Sign Up to Unlock |
| Sahl | www.sahlpay.app | Apps, Financial Services | $6M Sign Up to Unlock | June 2024 | Series A | 6 October City, Al Jizah, Egypt | 86 | Sahl offers helps to give... | Egypt Pay, E-Finance, El-... | Sign Up to Unlock |
| YoLa Fresh | www.yolafresh.com | Agriculture, AgTech, B2B,... | $7M Sign Up to Unlock | May 2024 | Seed | Casablanca, Grand Casablanca, Morocco | 47 | YoLa Fresh empowers small... | FMO, Algebra Ventures, Un... | Sign Up to Unlock |
| LAfricaMobile | www.lafricamobile.com | Customer Service, Digital... | $5M Sign Up to Unlock | May 2024 | Series A | Dakar, Dakar, Senegal | 31 | LAfricaMobile is a digita... | SouthBridge Investments, ... | Sign Up to Unlock |
| Orca Fraud | www.orca-fraud.com | Compliance, Fraud Detecti... | $550K Sign Up to Unlock | May 2024 | Pre-Seed | Cape Town, NA - South Africa, South Africa | 2 | Africa's first fraud orch... | Everywhere Ventures (The ... | Sign Up to Unlock |
| OneOrder | www.oneorder.net | Catering, Customer Servic... | $16M Sign Up to Unlock | May 2024 | Series A | Cairo, Al Qahirah, Egypt | 40 | One Order delivers except... | A15, Delivery Hero Ventur... | Sign Up to Unlock |
| TowerCo of Africa | www.towercoofafrica.com | Communications Infrastruc... | $30M Sign Up to Unlock | May 2024 | Debt Financing | Ebène, Plaines Wilhems, Mauritius | 130 | TowerCo of Africa is a to... | European Investment Bank,... | Sign Up to Unlock |
| GROUPE SONATEL | www.sonatel.sn | Information and Communica... | $95M Sign Up to Unlock | May 2024 | Debt Financing | Dakar, Dakar, Senegal | 4000 | Sonatel is a telecommunic... | Emerging Africa Infrastru... | Sign Up to Unlock |
| SPIRO | www.spironet.com | Automotive, Electric Vehi... | $50M Sign Up to Unlock | May 2024 | Debt Financing | Cotonou, Littoral, Benin | 260 | SpiroNet is an electric m... | Societe Generale, African... | Sign Up to Unlock |
| First Capital Bank Botswana | www.firstcapitalbank.co.bw | Banking, Finance, Financi... | $8M Sign Up to Unlock | May 2024 | Debt Financing | Gaborone, South-East, Botswana | 240 | First Capital Bank provid... | African Development Bank | Sign Up to Unlock |
| SAYeTECH | www.sayetech.io | Agriculture, Industrial, ... | $100K Sign Up to Unlock | May 2024 | Seed | Kumasi, Ashanti, Ghana | 22 | Sayetech is a product and... | AgFunder, MassChallenge I... | Sign Up to Unlock |
| GamicHQ | www.gamic.app | Blockchain, Gaming, Softw... | $2M Sign Up to Unlock | May 2024 | Seed | Lagos, Lagos, Nigeria | 25 | Imagine Discord, but for ... | michael k sam k sam, Mula... | Sign Up to Unlock |
| Maad | www.maad.io | B2B, E-Commerce Platforms... | $2M Sign Up to Unlock | May 2024 | Seed | Dakar, Dakar, Senegal | 38 | Maad is a B2B marketplace... | Alumni Ventures, Seedstar... | Sign Up to Unlock |
| MNZL | www.mnzl.co | Finance, Financial Servic... | $4M Sign Up to Unlock | May 2024 | Seed | Heliopolis, Al Qahirah, Egypt | 8 | Asset-backed financing. D... | Ingressive Capital, P1 Ve... | Sign Up to Unlock |
| Swypex | www.swypex.com | Financial Services, Secur... | $4M Sign Up to Unlock | May 2024 | Seed | Egypt, Arkansas, United States | 23 | Swypex develops spend man... | Accel, Raba Partnership, ... | Sign Up to Unlock |
| SEAMFIX | www.seamfix.com | Enterprise Software, Iden... | $5M Sign Up to Unlock | May 2024 | Venture - Series Unknown | Lagos, Lagos, Nigeria | 210 | Trusted digital identity ... | Alitheia IDF | Sign Up to Unlock |
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