Updated List of Top Recently Funded Startups in Africa for 2025
Last update to database: February 17, 2025
Exploring Africa’s Best Funded Companies for 2025
Explore the latest advancements in Africa’s fast-growing startup ecosystem with our updated list of recently funded startups for 2025. 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.
Subscribe to Unlock The Latest Funded Startups
Subscribe NowConnect with founders and decision-makers at recently funded startups. Subscribe to unlock full company and contact data.
Updated List of Top Recently Funded Startups in Africa for 2025
Last update to database: February 17, 2025
Subscribe to Unlock The Latest Funded Startups
Subscribe NowConnect with founders and decision-makers at recently funded startups. Subscribe to unlock full company and contact data.
Exploring Africa’s Best Funded Companies for 2025
Explore the latest advancements in Africa’s fast-growing startup ecosystem with our updated list of recently funded startups for 2025. 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
This data is delayed by 4 weeks. Subscribe for instant access to real-time funding rounds and contact data.
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Company Name
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Industries | Funding Amount (USD) | Recent Funding Date | Recent Funding Type | Company Headquarters | # Employees | Company Description | Top 5 Investors | Currently Hiring |
|---|---|---|---|---|---|---|---|---|---|
| Purple Elephant Ventures | Venture Capital & Startup... | $5M Subscribe to Unlock | January 2025 | Seed | Nairobi, Nairobi Area, Kenya | 20 | Venture studio aiming to ... | Untours Foundation, Clear... | Subscribe to Unlock |
| Faro | Fashion & Apparel, E-Comm... | $6M Subscribe to Unlock | January 2025 | Seed | Cape Town, NA - South Africa, South Africa | 26 | Provides inexpensive appa... | Jean-Paul Zammitt, Daniel... | Subscribe to Unlock |
| The Awareness Company | Data & Analytics | $2M Subscribe to Unlock | January 2025 | Seed | Johannesburg, NA - South Africa, South Africa | 5 | Uses data to tell stories... | Holocene, Microsoft, Cata... | Subscribe to Unlock |
| Sourcefin | Financial Services, Ventu... | $8M Subscribe to Unlock | December 2024 | Private Equity | Johannesburg, NA - South Africa, South Africa | 32 | Financial service company... | Futuregrowth Asset Manage... | Subscribe to Unlock |
| Sturdee Energy | Energy & Sustainability | $44M Subscribe to Unlock | December 2024 | Undisclosed | Johannesburg, NA - South Africa, South Africa | 8 | Develops and operates ren... | Swedfund International, I... | Subscribe to Unlock |
| Hub2 | Financial Services | $9M Subscribe to Unlock | December 2024 | Series A | Port Louis Town, Port Louis, Mauritius | 26 | Payments digitalization p... | Bpifrance, Digital Curren... | Subscribe to Unlock |
| ariika | E-Commerce & Retail, Cons... | $3M Subscribe to Unlock | November 2024 | Series A | Cairo, Al Qahirah, Egypt | 82 | Is a direct-to-consumer d... | Beltone Venture Capital, ... | Subscribe to Unlock |
| Socium | HR & Staffing, IT & Commu... | $5M Subscribe to Unlock | November 2024 | Seed | Dakar, Dakar, Senegal | 43 | HR-tech company providing... | SuperCapital, Kima Ventur... | Subscribe to Unlock |
| Amenli | Insurance | $2M Subscribe to Unlock | November 2024 | Seed | Cairo, Al Qahirah, Egypt | 66 | First licensed online ins... | European Bank for Reconst... | Subscribe to Unlock |
| InfraCredit | Financial Services | $30M Subscribe to Unlock | November 2024 | Venture - Series Unknown | Lagos, Lagos, Nigeria | 63 | Providing local currency ... | African Development Bank,... | Subscribe to Unlock |
| GlobalCorp- | Credit, Financial Service... | $26M Subscribe to Unlock | November 2024 | Undisclosed | Cairo, Al Qahirah, Egypt | 160 | Provides a complete range... | Subscribe to Unlock | |
| Energenic Holdings | Battery, Energy | $5M Subscribe to Unlock | November 2024 | Private Equity | Gauteng, NA - South Africa, South Africa | 28 | Specializes in power solu... | Sanari Capital | Subscribe to Unlock |
| Agventure Limited | Agriculture, AgTech, Farm... | $10M Subscribe to Unlock | November 2024 | Venture - Series Unknown | Meru, Eastern, Kenya | 59 | Agventure is a farmer-own... | AgDevCo | Subscribe to Unlock |
| Pargo | Delivery, Last Mile Trans... | $4M Subscribe to Unlock | October 2024 | Venture - Series Unknown | Cape Town, NA - South Africa, South Africa | 110 | Pargo understands that pa... | 3 Capital Ventures, Endea... | Subscribe to Unlock |
| BasiGo | Automotive, Electric Vehi... | $24M Subscribe to Unlock | October 2024 | Series A | Nairobi, Nairobi Area, Kenya | 87 | BasiGo is an e-mobility c... | United States Agency for ... | Subscribe to Unlock |
| Colis.ma | Logistics | $300K Subscribe to Unlock | October 2024 | Pre-Seed | Oujda, Oriental, Morocco | 3 | Colis.ma is the best way ... | Baobab Network, Orange Co... | Subscribe to Unlock |
| Lapaire | E-Commerce | $3M Subscribe to Unlock | October 2024 | Venture - Series Unknown | Nairobi, Nairobi Area, Kenya | 330 | Technology-enabled eye ca... | AfricInvest, Proparco, Sa... | Subscribe to Unlock |
| Octavia Carbon | Carbon Capture, Environme... | $4M Subscribe to Unlock | October 2024 | Seed | Nairobi, Nairobi Area, Kenya | 53 | Octavia Carbon is a Direc... | Renew Capital, Village Ca... | Subscribe to Unlock |
| Horizon Surgical | Artificial Intelligence (... | $30M Subscribe to Unlock | October 2024 | Series A | Malibu, California, United States | 34 | Horizon Surgical Systems ... | Main Street Advisors, ExS... | Subscribe to Unlock |
| Grid Africa | Energy, Solar | $3M Subscribe to Unlock | October 2024 | Venture - Series Unknown | Bryanston, NA - South Africa, South Africa | 3 | Grid Africa provides sola... | Rifuwo Energy Partners | Subscribe to Unlock |
| Rabbit Mobility | Electric Vehicle, Informa... | $1M Subscribe to Unlock | October 2024 | Venture - Series Unknown | Cairo, Al Qahirah, Egypt | 37 | Rabbit is a clean-tech tr... | 500 Global, Untapped Glob... | Subscribe to Unlock |
| Konnect | Financial Services, FinTe... | $1M Subscribe to Unlock | October 2024 | Seed | Tunis, Tunis, Tunisia | 11 | A cross-border payment so... | Flat6Labs, Founders Facto... | Subscribe to Unlock |
| Dhamana Guarantee Company | Credit, Financial Service... | $10M Subscribe to Unlock | September 2024 | Venture - Series Unknown | Nairobi, Nairobi Area, Kenya | 6 | Dhamana Guarantee operate... | African Development Bank,... | Subscribe to Unlock |
| KWIKS | Human Resources | $824K Subscribe to Unlock | September 2024 | Venture - Series Unknown | Sidi Maarouf, Grand Casablanca, Morocco | 30 | Kwiks is Artificial intel... | Azur Innovation Managemen... | Subscribe to Unlock |
| Settle Payments | Financial Services | $2M Subscribe to Unlock | September 2024 | Pre-Seed | Cairo, Al Qahirah, Egypt | 8 | SETTLE automates enterpri... | Shorooq Partners, Plus Ve... | Subscribe to Unlock |
| Happy Pay | Finance, Financial Servic... | $2M Subscribe to Unlock | September 2024 | Pre-Seed | Cape Town, NA - South Africa, South Africa | 17 | Happy Pay is a payment pl... | Equitable Ventures, Felix... | Subscribe to Unlock |
| Regfyl | Compliance, Fraud Detecti... | $1M Subscribe to Unlock | September 2024 | Pre-Seed | Lagos, Lagos, Nigeria | 1 | Regfyl platform for the w... | Africa Fintech Collective... | Subscribe to Unlock |
| REXIAL | Finance, Software | $424K Subscribe to Unlock | September 2024 | Seed | Kampala, Kampala, Uganda | 2 | REXIAL is automating dire... | Nordic Impact Funds | Subscribe to Unlock |
| chpter | Artificial Intelligence (... | $1M Subscribe to Unlock | September 2024 | Pre-Seed | Nairobi, Nairobi Area, Kenya | 20 | Chpter is an AI-driven co... | pani, Techstars, Renew Ca... | Subscribe to Unlock |
| Omnisient | Analytics, Big Data, FinT... | $8M Subscribe to Unlock | August 2024 | Series A | Cape Town, NA - South Africa, South Africa | 44 | Omnisient is a Privacy En... | Investec, Shoprite Holdin... | Subscribe to Unlock |
| Solarise Africa | Energy, Finance, Financia... | $36M Subscribe to Unlock | August 2024 | Private Equity | Ebène, Plaines Wilhems, Mauritius | 28 | Solarise Africa is a pan-... | Aster, Oikocredit Interna... | Subscribe to Unlock |
| Workpay | Financial Services, Human... | $5M Subscribe to Unlock | August 2024 | Series A | Nairobi, Nairobi Area, Kenya | 120 | Workpay is a Payroll, Ben... | Y Combinator, Google for ... | Subscribe to Unlock |
| Open Access Energy | Renewable Energy, Softwar... | $2M Subscribe to Unlock | August 2024 | Seed | Cape Town, NA - South Africa, South Africa | 5 | Open Access Energy provid... | Factor[e] Ventures | Subscribe to Unlock |
| Synapse Analytics | Analytics, Artificial Int... | $2M Subscribe to Unlock | July 2024 | Seed | Cairo, Al Qahirah, Egypt | 68 | Synapse Analytics is an A... | Hub71, Silicon Badia, Egy... | Subscribe to Unlock |
| Intron Health | Electronic Health Record ... | $2M Subscribe to Unlock | July 2024 | Pre-Seed | Lagos, Lagos, Nigeria | 35 | Saving doctors 3+hrs per ... | Africa Health Ventures, A... | Subscribe to Unlock |
| TurnStay | FinTech, Travel | $300K Subscribe to Unlock | July 2024 | Seed | Cape Town, NA - South Africa, South Africa | 2 | TurnStay helps travel ind... | Digital Currency Group, D... | Subscribe to Unlock |
| Uncover | Beauty, Consumer, Health ... | $1M Subscribe to Unlock | July 2024 | Seed | Nairobi, Nairobi Area, Kenya | 22 | Uncover is a beauty compa... | Antler, Goodwater Capital... | Subscribe to Unlock |
| NALA | Finance, Financial Servic... | $40M Subscribe to Unlock | July 2024 | Series A | Nairobi, Nairobi Area, Kenya | 130 | Nala is a FinTech company... | Digital Currency Group, A... | Subscribe to Unlock |
| Jump Energy | Manufacturing, Semiconduc... | $108K Subscribe to Unlock | July 2024 | Pre-Seed | Nairobi, Nairobi Area, Kenya | 4 | Jump Energy enables zero-... | imec.istart | Subscribe to Unlock |
| PAIX Data Centres | Telecommunications | $30M Subscribe to Unlock | July 2024 | Venture - Series Unknown | Gauteng, NA - South Africa, South Africa | 66 | PAIX data centres is a Pa... | Africa50, Charlotte Lawre... | Subscribe to Unlock |
| Connect Money | Finance, Financial Servic... | $8M Subscribe to Unlock | June 2024 | Seed | Cairo, Al Qahirah, Egypt | 19 | Connect Money offers paym... | OneStop Capital, Algebra ... | Subscribe to Unlock |
| i'SUPPLY | Health Care, Pharmaceutic... | $1M Subscribe to Unlock | June 2024 | Seed | Cairo, Al Qahirah, Egypt | 47 | The First Tech-Based Digi... | AXIAN, Disruptech Venture... | Subscribe to Unlock |
| Sahl | Apps, Financial Services | $6M Subscribe to Unlock | June 2024 | Series A | 6 October City, Al Jizah, Egypt | 86 | Sahl offers helps to give... | Egypt Pay, E-Finance, El-... | Subscribe to Unlock |
| YoLa Fresh | Agriculture, AgTech, B2B,... | $7M Subscribe to Unlock | May 2024 | Seed | Casablanca, Grand Casablanca, Morocco | 47 | YoLa Fresh empowers small... | FMO, Algebra Ventures, Un... | Subscribe to Unlock |
| LAfricaMobile | Customer Service, Digital... | $5M Subscribe to Unlock | May 2024 | Series A | Dakar, Dakar, Senegal | 31 | LAfricaMobile is a digita... | SouthBridge Investments, ... | Subscribe to Unlock |
| Orca Fraud | Compliance, Fraud Detecti... | $550K Subscribe to Unlock | May 2024 | Pre-Seed | Cape Town, NA - South Africa, South Africa | 2 | Africa's first fraud orch... | Everywhere Ventures (The ... | Subscribe to Unlock |
| OneOrder | Catering, Customer Servic... | $16M Subscribe to Unlock | May 2024 | Series A | Cairo, Al Qahirah, Egypt | 40 | One Order delivers except... | A15, Delivery Hero Ventur... | Subscribe to Unlock |
| TowerCo of Africa | Communications Infrastruc... | $30M Subscribe to Unlock | May 2024 | Debt Financing | Ebène, Plaines Wilhems, Mauritius | 130 | TowerCo of Africa is a to... | European Investment Bank,... | Subscribe to Unlock |
| GROUPE SONATEL | Information and Communica... | $95M Subscribe to Unlock | May 2024 | Debt Financing | Dakar, Dakar, Senegal | 4000 | Sonatel is a telecommunic... | Emerging Africa Infrastru... | Subscribe to Unlock |
| SPIRO | Automotive, Electric Vehi... | $50M Subscribe to Unlock | May 2024 | Debt Financing | Cotonou, Littoral, Benin | 260 | SpiroNet is an electric m... | Societe Generale, African... | Subscribe to Unlock |
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