Recently Funded Startups in Africa (Aug-2025)

Last Updated: 29-Aug-2025
The startup ecosystem in Africa has witnessed remarkable growth, emerging as a vibrant landscape for innovation and entrepreneurship. With a total of 477 startups tracked, the region is brimming with potential, showcasing a robust appetite for investment and growth. The influx of funding into African startups is critical as it drives not only technological advancement but also economic growth, creating jobs and fostering sustainable development across various sectors.
As of August 2025, there has been significant activity in startup funding, with 51 companies securing investments this year alone. The total funding raised so far in 2025 amounts to an impressive $410.85 million, underscoring the increasing interest from investors in the African market. Notable sectors attracting this funding include Financial Services, Energy, and Education, which highlight the transformative potential of technology in addressing some of the continent’s most pressing challenges.
Funding Highlights
- Total number of startups tracked: 477
- Number of startups that raised funding last year: 120
- Number of startups that raised funding this year: 51
- Total funding raised this year so far: $410,850,000
- Largest deal: Cheiron, Series Unknown, $75,000,000
- Top industries by funding amount: Financial Services – $178,300,000; Energy – $135,700,000; Education – $24,000,000
- Top industries by number of deals this year: Financial Services – 14 deals; Commerce and Shopping – 6 deals; Energy – 4 deals
Full List of Recently Funded Startups in Africa
Company | City | Country | Round | Amount | Date | Industry |
---|---|---|---|---|---|---|
Cinch Markets | Nairobi | Kenya | Series Unknown | Undisclosed | 2025-08-28 | Agriculture and Farming |
CrossBoundary | Nairobi | Kenya | Series Unknown | $40M | 2025-08-18 | Energy |
Zaluni | Luanda | Angola | Pre-Seed | $500K | 2025-08-18 | Commerce and Shopping |
Ampersand | Kicukiro | Rwanda | Series Unknown | Undisclosed | 2025-08-16 | Energy |
Wassha | Dar Es Salaam | Tanzania | Series Unknown | $2M | 2025-08-15 | Energy |
HoneyCoin | Nairobi | Kenya | Seed | $4.9M | 2025-08-12 | Apps |
Tekton | Cape Town | South Africa | Series Unknown | $16.7K | 2025-08-05 | Transportation |
TurnStay | Cape Town | South Africa | Seed | $1.9M | 2025-08-05 | Financial Services |
Wuilt | 6 October City | Egypt | Series Unknown | $2M | 2025-08-04 | Design |
Swyft | Douala | Cameroon | Pre-Seed | $100K | 2025-07-28 | Transportation |
MoneyBadger | Stellenbosch | South Africa | Pre-Seed | $400K | 2025-07-15 | Apps |
Akili AI | Cape Town | South Africa | Pre-Seed | Undisclosed | 2025-07-15 | Artificial Intelligence (AI) |
Bidhaa Sasa | Nairobi | Kenya | Series Unknown | $2.7M | 2025-07-03 | Commerce and Shopping |
Sticitt | Somerset West | South Africa | Series A | Undisclosed | 2025-07-03 | Financial Services |
Buupass | Nairobi | Kenya | Series Unknown | Undisclosed | 2025-07-02 | Events |
HNDL Fleet Management | Cairo | Egypt | Pre-Seed | Undisclosed | 2025-07-01 | Information Technology |
Nowlun | Alexandria | Egypt | Seed | $600K | 2025-06-24 | Transportation |
Wetility | Johannesburg | South Africa | Series Unknown | $27.9M | 2025-06-18 | Energy |
Octane | Cairo | Egypt | Series Unknown | $5.2M | 2025-06-17 | Financial Services |
Open Access Energy | Cape Town | South Africa | Seed | $1.8M | 2025-06-17 | Energy |
WeThinkCode_ | Johannesburg | South Africa | Series Unknown | $2M | 2025-06-10 | Consumer Electronics |
Nile.ag | Centurion | South Africa | Series A | $11.3M | 2025-06-10 | Agriculture and Farming |
Wetruck AI | Addis Ababa | Ethiopia | Series Unknown | Undisclosed | 2025-06-09 | Transportation |
Bus14 | Cairo | Egypt | Pre-Seed | Undisclosed | 2025-06-01 | Education |
ElGameya | Cairo | Egypt | Series Unknown | Undisclosed | 2025-05-20 | Apps |
Thndr | Cairo | Egypt | Series Unknown | $15.7M | 2025-05-17 | Financial Services |
AURA | Johannesburg | South Africa | Series B | $15.1M | 2025-05-16 | Information Technology |
Impulse Biomedical | Cape Town | South Africa | Series Unknown | Undisclosed | 2025-05-14 | Health Care |
Career 180 | Cairo | Egypt | Series Unknown | Undisclosed | 2025-05-07 | Administrative Services |
Money Fellows | Cairo | Egypt | Series C | $13M | 2025-05-04 | Financial Services |
DigiSquad | Johannesburg | South Africa | Series Unknown | Undisclosed | 2025-04-23 | Financial Services |
Rabbit mart | Cairo | Egypt | Seed | Undisclosed | 2025-04-15 | Commerce and Shopping |
PsyLabs | Cape Town | South Africa | Series Unknown | $500K | 2025-04-15 | Health Care |
Stitch | Cape Town | South Africa | Series B | $55M | 2025-04-11 | Financial Services |
Purple Elephant Ventures | Nairobi | Kenya | Seed | $500K | 2025-04-09 | Financial Services |
PremierCredit | Harare | Zimbabwe | Seed | $12M | 2025-04-08 | Financial Services |
Djamo | Abidjan | Ivory Coast | Series Unknown | $17M | 2025-04-03 | Financial Services |
Jem | Cape Town | South Africa | Series Unknown | $1.6M | 2025-03-25 | Administrative Services |
enza | Cairo | Egypt | Seed | $6.8M | 2025-03-24 | Financial Services |
Grinta | Cairo | Egypt | Seed | Undisclosed | 2025-03-16 | Commerce and Shopping |
Pele Energy Group | Johannesburg | South Africa | Series Unknown | $31M | 2025-03-04 | Energy |
Ivorypay | Gauteng | South Africa | Series Unknown | Undisclosed | 2025-03-04 | Blockchain and Cryptocurrency |
Mrkoon | Cairo | Egypt | Seed | Undisclosed | 2025-03-03 | Commerce and Shopping |
KHULA! | Johannesburg | South Africa | Series A | $6.8M | 2025-03-03 | Agriculture and Farming |
Egab | Cairo | Egypt | Pre-Seed | Undisclosed | 2025-02-19 | Content and Publishing |
Qme solutions | Cairo | Egypt | Seed | $3M | 2025-02-14 | Artificial Intelligence (AI) |
Rode Publications & Media | Cape Town | South Africa | Series Unknown | Undisclosed | 2025-02-10 | Professional Services |
Cheiron | Cairo | Egypt | Series Unknown | $75M | 2025-02-08 | Energy |
Khazna | Cairo | Egypt | Series B | $16M | 2025-02-04 | Apps |
NjiaPay | Johannesburg | South Africa | Pre-Seed | $1M | 2025-01-28 | Financial Services |
Fincart | Cairo | Egypt | Pre-Seed | Undisclosed | 2025-01-28 | Commerce and Shopping |
Furaha | Kampala | Uganda | Series Unknown | $10M | 2025-01-24 | Financial Services |
Kapu | Nairobi | Kenya | Seed | Undisclosed | 2025-01-23 | Commerce and Shopping |
Enko Education | Johannesburg | South Africa | Series Unknown | $24M | 2025-01-22 | Education |
Naked Insurance | Johannesburg | South Africa | Series B | $37.6M | 2025-01-21 | Financial Services |
Africa Collect Textiles | Nairobi | Kenya | Series Unknown | $5.2M | 2025-01-17 | Manufacturing |
Ilara Health | Nairobi | Kenya | Series Unknown | $1M | 2025-01-16 | Health Care |
Ekshef | Alexandria | Egypt | Angel | $100K | 2025-01-15 | Health Care |
Purple Elephant Ventures | Nairobi | Kenya | Seed | $4.5M | 2025-01-15 | Financial Services |
Faro | Cape Town | South Africa | Seed | $6M | 2025-01-15 | Clothing and Apparel |
ReNile | 6 October City | Egypt | Seed | $450K | 2025-01-03 | Agriculture and Farming |
Sourcefin | Johannesburg | South Africa | Series Unknown | $8.3M | 2024-12-18 | Financial Services |
TymeBank | Johannesburg | South Africa | Series D | $250M | 2024-12-17 | Financial Services |
NERIC | Cairo | Egypt | Series Unknown | $98.5M | 2024-12-16 | Transportation |
Nexbyt Technology | Yaoundé | Cameroon | Seed | $5M | 2024-12-11 | Commerce and Shopping |
Raya Data Center | Gîza | Egypt | Series Unknown | $15M | 2024-12-10 | Data and Analytics |
Mohandes Insurance | Gîza | Egypt | Series Unknown | $9.9M | 2024-12-09 | Financial Services |
Etana Energy | Cape Town | South Africa | Series Unknown | $100M | 2024-12-04 | Energy |
Hub2.Io | Port Louis Town | Mauritius | Series A | $8.5M | 2024-12-02 | Financial Services |
BioMassters | Kigali | Rwanda | Series Unknown | Undisclosed | 2024-12-02 | Energy |
CrossBoundary | Nairobi | Kenya | Series Unknown | $140M | 2024-12-02 | Energy |
Nowlun | Alexandria | Egypt | Seed | $1.7M | 2024-12-01 | Transportation |
Mawingu Networks | Nanyuki | Kenya | Series Unknown | $10.8M | 2024-11-26 | Energy |
LifeLine | Kigali | Rwanda | Series Unknown | $62K | 2024-11-25 | Financial Services |
Sylndr | Cairo | Egypt | Series Unknown | $7.4M | 2024-11-25 | Commerce and Shopping |
ariika | Cairo | Egypt | Series A | $3M | 2024-11-21 | Other |
Imizi Rum | Kigali | Rwanda | Pre-Seed | $500K | 2024-11-19 | Food and Beverage |
Socium | Dakar | Senegal | Seed | $5M | 2024-11-19 | Administrative Services |
Djamo | Abidjan | Ivory Coast | Series Unknown | $13M | 2024-11-19 | Financial Services |
Aveade | Johannesburg | South Africa | Series Unknown | $50K | 2024-11-18 | Administrative Services |
Amenli | Cairo | Egypt | Seed | $2.3M | 2024-11-18 | Financial Services |
Mapha | Johannesburg | South Africa | Series Unknown | $50K | 2024-11-18 | Administrative Services |
The African Climate Foundation | Cape Town | South Africa | Series Unknown | $2.1M | 2024-11-15 | Agriculture and Farming |
Energenic Holdings | Gauteng | South Africa | Series Unknown | $4.8M | 2024-11-12 | Energy |
EFreshli | Zamalek | Egypt | Seed | Undisclosed | 2024-11-12 | Commerce and Shopping |
FINCA Microfinance Bank | Dar Es Salaam | Tanzania | Series Unknown | Undisclosed | 2024-11-12 | Financial Services |
Agventure | Meru | Kenya | Series Unknown | $9.5M | 2024-11-08 | Agriculture and Farming |
Abalobi | Cape Town | South Africa | Series Unknown | $250K | 2024-11-07 | Apps |
Workpay | Nairobi | Kenya | Series Unknown | Undisclosed | 2024-11-06 | Administrative Services |
Teradix | Cairo | Egypt | Series Unknown | $140K | 2024-11-05 | Internet Services |
Jacaranda Health | Nairobi | Kenya | Series Unknown | Undisclosed | 2024-10-30 | Community and Lifestyle |
Fincart | Cairo | Egypt | Pre-Seed | Undisclosed | 2024-10-25 | Commerce and Shopping |
Pargo | Cape Town | South Africa | Series Unknown | $4M | 2024-10-24 | Administrative Services |
BasiGo | Nairobi | Kenya | Series A | $24M | 2024-10-23 | Transportation |
Raya Foods | Sadat City | Egypt | Series Unknown | $40M | 2024-10-20 | Agriculture and Farming |
GoMetro | Cape Town | South Africa | Series Unknown | $191.1K | 2024-10-16 | Apps |
Lapaire | Nairobi | Kenya | Series Unknown | $2.5M | 2024-10-16 | Commerce and Shopping |
Chapa | Addis Ababa | Ethiopia | Series Unknown | $100K | 2024-10-16 | Financial Services |
Zencey | Abidjan | Ivory Coast | Series Unknown | $36.3K | 2024-10-16 | Financial Services |
AZA Finance | Nairobi | Kenya | Series Unknown | $100K | 2024-10-16 | Financial Services |
Chumz.io | City Estate | Kenya | Series Unknown | $100K | 2024-10-16 | Financial Services |
LipaLater | Nairobi | Kenya | Series Unknown | $100K | 2024-10-16 | Financial Services |
Grid Africa | Bryanston | South Africa | Series Unknown | $2.8M | 2024-10-15 | Energy |
Rabbit | Cairo | Egypt | Series Unknown | $1.3M | 2024-10-15 | Information Technology |
Sistema.bio | Nairobi | Kenya | Series Unknown | $15M | 2024-10-14 | Agriculture and Farming |
Kredit | Cairo | Egypt | Series Unknown | $2.1M | 2024-10-13 | Financial Services |
Zaoshinani | Nairobi | Kenya | Series Unknown | $9.7K | 2024-10-09 | Agriculture and Farming |
TUNL | Cape Town | South Africa | Seed | Undisclosed | 2024-10-04 | Transportation |
Syked | Centurion | South Africa | Series Unknown | Undisclosed | 2024-10-03 | Health Care |
MOLO MOLO PAY | Douala | Cameroon | Pre-Seed | $500K | 2024-10-01 | Financial Services |
WiSolar | Johannesburg | South Africa | Series Unknown | $9M | 2024-09-26 | Energy |
Yellow | Port Louis | Mauritius | Series Unknown | $2M | 2024-09-25 | Financial Services |
Bekia | Cairo | Egypt | Seed | $150K | 2024-09-18 | Apps |
Farid | Alexandria | Egypt | Pre-Seed | $250K | 2024-09-18 | Education |
Happy Pay | Cape Town | South Africa | Pre-Seed | $1.8M | 2024-09-17 | Commerce and Shopping |
REXIAL | Kampala | Uganda | Seed | $424.5K | 2024-09-11 | Financial Services |
RentScore | Nairobi | Kenya | Seed | Undisclosed | 2024-09-10 | Commerce and Shopping |
Sanu Gold | Guinéa | Senegal | Series Unknown | $3.7M | 2024-09-06 | Natural Resources |
One Market | Douala | Cameroon | Seed | Undisclosed | 2024-09-03 | Commerce and Shopping |
Chpter | Nairobi | Kenya | Pre-Seed | $1.2M | 2024-09-02 | Artificial Intelligence (AI) |
Omnisient | Collaborative Consumer Intelligence | Cape Town | South Africa | Series A | $7.5M | 2024-08-27 | Data and Analytics |
Rubyx | Dakar | Senegal | Series Unknown | $447.4K | 2024-08-26 | Financial Services |
Kim-Fay | Nairobi | Kenya | Series Unknown | Undisclosed | 2024-08-22 | Consumer Goods |
Workpay | Nairobi | Kenya | Series A | $5M | 2024-08-22 | Administrative Services |
Solarise Africa | Ebène | Mauritius | Series Unknown | $35.8M | 2024-08-22 | Energy |
AMAN | October 6 | Egypt | Series Unknown | $2M | 2024-08-21 | Financial Services |
Elimutab | Nairobi | Kenya | Seed | Undisclosed | 2024-08-19 | Education |
BasiGo | Nairobi | Kenya | Series Unknown | $10.1M | 2024-08-15 | Transportation |
Open Access Energy | Cape Town | South Africa | Seed | $1.5M | 2024-08-12 | Energy |
Lucky | Cairo | Egypt | Series Unknown | $3M | 2024-08-07 | Apps |
Smart View Technology | Cape Town | South Africa | Series Unknown | $10.9K | 2024-08-07 | Hardware |
Adbot | Cape Town | South Africa | Series Unknown | $10.9K | 2024-08-05 | Advertising |
Athena | Johannesburg | South Africa | Series Unknown | $10.9K | 2024-08-05 | Financial Services |
Credipple | Gauteng | South Africa | Series Unknown | $10.9K | 2024-08-05 | Administrative Services |
Qardy | Al Jizah | Egypt | Pre-Seed | Undisclosed | 2024-08-04 | Financial Services |
Kemitt | Gîza | Egypt | Series Unknown | Undisclosed | 2024-07-22 | Commerce and Shopping |
Plentify | Cape Town | South Africa | Series Unknown | Undisclosed | 2024-07-22 | Energy |
ByteFuse | Stellenbosch | South Africa | Series Unknown | $3M | 2024-07-18 | Artificial Intelligence (AI) |
Momint | Cape Town | South Africa | Series Unknown | $50K | 2024-07-16 | Blockchain and Cryptocurrency |
TurnStay | Cape Town | South Africa | Seed | $300.2K | 2024-07-15 | Financial Services |
Credify | Cairo | Egypt | Series Unknown | Undisclosed | 2024-07-09 | Financial Services |
Tatbeek | Cairo | Egypt | Series Unknown | Undisclosed | 2024-07-09 | Artificial Intelligence (AI) |
Wfrley | Mansourah | Egypt | Series Unknown | Undisclosed | 2024-07-09 | Commerce and Shopping |
Meta Egypt | Nasr City | Egypt | Series Unknown | Undisclosed | 2024-07-09 | Real Estate |
Arzaq Masr | Cairo | Egypt | Series Unknown | Undisclosed | 2024-07-08 | Agriculture and Farming |
Bus14 | Cairo | Egypt | Series Unknown | Undisclosed | 2024-07-06 | Education |
PAIX | Gauteng | South Africa | Series Unknown | $30M | 2024-07-03 | Hardware |
Entersekt | Stellenbosch | South Africa | Series Unknown | Undisclosed | 2024-06-13 | Apps |
Deimos | Cape Town | South Africa | Series Unknown | $10M | 2024-06-13 | Information Technology |
The Potcast Productions | Cairo | Egypt | Pre-Seed | Undisclosed | 2024-06-09 | Media and Entertainment |
Orca Fraud | Cape Town | South Africa | Pre-Seed | $550K | 2024-05-24 | Financial Services |
BIRD NEST | Cairo | Egypt | Seed | Undisclosed | 2024-05-23 | Community and Lifestyle |
MNZL | Heliopolis | Egypt | Seed | $3.5M | 2024-05-08 | Financial Services |
NewForm Foods | Cape Town | South Africa | Pre-Seed | $200K | 2024-04-24 | Agriculture and Farming |
Waffarha | Cairo | Egypt | Seed | Undisclosed | 2024-04-21 | Apps |
The Potcast Productions | Cairo | Egypt | Angel | Undisclosed | 2024-04-18 | Media and Entertainment |
Spatialedge | Stellenbosch | South Africa | Series Unknown | $3.2M | 2024-04-17 | Artificial Intelligence (AI) |
Koa Academy | Cape Town | South Africa | $50K | 2024-03-25 | Education | |
Float | Johannesburg | South Africa | $10.5M | 2024-03-19 | Commerce and Shopping | |
Pharmacy Marts | Cairo | Egypt | Undisclosed | 2024-03-19 | Apps | |
NFTfi | Cape Town | South Africa | $6M | 2024-03-11 | Commerce and Shopping | |
dKilo | Cairo | Egypt | $3.3M | 2024-03-08 | Advertising | |
RecoMed | Cape Town | South Africa | Undisclosed | 2024-03-07 | Commerce and Shopping | |
Fruittex | Louis Trichardt | South Africa | Undisclosed | 2024-03-04 | Agriculture and Farming | |
DigiMaaya | Cairo | Egypt | $7M | 2024-03-01 | Financial Services | |
Level Africa | Kampala | Uganda | Angel | Undisclosed | 2024-02-19 | Financial Services |
Ampersand | Kicukiro | Rwanda | Series Unknown | Undisclosed | 2024-02-15 | Energy |
PremierCredit Zambia | Lusaka | Zambia | Series Unknown | Undisclosed | 2024-02-14 | Financial Services |
Duhqa | Nairobi | Kenya | Series Unknown | Undisclosed | 2024-02-14 | Commerce and Shopping |
Roam | Nairobi | Kenya | Series A | $14M | 2024-02-14 | Consumer Electronics |
OkHi | Nairobi | Kenya | Series Unknown | Undisclosed | 2024-02-14 | Apps |
FloatPays | Johannesburg | South Africa | Series Unknown | Undisclosed | 2024-02-14 | Administrative Services |
Sympl | Cairo | Egypt | Series Unknown | Undisclosed | 2024-02-14 | Financial Services |
Raino Tech4Impact | Westlands | Kenya | Seed | Undisclosed | 2024-02-14 | Community and Lifestyle |
Franc | Johannesburg | South Africa | Series Unknown | Undisclosed | 2024-02-14 | Financial Services |
Workpay | Nairobi | Kenya | Series Unknown | Undisclosed | 2024-02-14 | Administrative Services |
Power | Nairobi | Kenya | Series Unknown | Undisclosed | 2024-02-14 | Financial Services |
CubeSpace | Stellenbosch | South Africa | Series Unknown | $2.5M | 2024-02-13 | Community and Lifestyle |
Ilara Health | Nairobi | Kenya | Seed | $2.5M | 2024-02-12 | Health Care |
Wowzi | Kileleshwa | Kenya | Series Unknown | Undisclosed | 2024-02-11 | Internet Services |
Ahiyoyo | Cotonou | Benin | Angel | Undisclosed | 2024-02-10 | Commerce and Shopping |
East Africa Fruits | Dar Es Salaam | Tanzania | Series Unknown | $2M | 2024-02-09 | Agriculture and Farming |
Kwely | Dakar | Senegal | Seed | Undisclosed | 2024-02-07 | Commerce and Shopping |
Medikea Health | Dar Es Salaam | Tanzania | Seed | Undisclosed | 2024-02-05 | Health Care |
Zeal | Cairo | Egypt | Seed | $4M | 2024-01-15 | Apps |
Cloudline | Cape Town | South Africa | Seed | $6M | 2023-12-21 | Science and Engineering |
Ampersand | Kicukiro | Rwanda | Series Unknown | $12M | 2023-12-21 | Energy |
Jembi | Cape Town | South Africa | Series Unknown | $300K | 2023-12-20 | Health Care |
Ahiyoyo | Cotonou | Benin | Pre-Seed | Undisclosed | 2023-12-20 | Commerce and Shopping |
Akirachix | Nairobi | Kenya | Series Unknown | $200K | 2023-12-20 | Clothing and Apparel |
iSchool | Cairo | Egypt | Series Unknown | $4.5M | 2023-12-20 | Community and Lifestyle |
Jacaranda Health | Nairobi | Kenya | Series Unknown | $250K | 2023-12-20 | Community and Lifestyle |
Zaio | Cape Town | South Africa | Series Unknown | Undisclosed | 2023-12-13 | Education |
TUNL | Cape Town | South Africa | Pre-Seed | $1M | 2023-12-13 | Transportation |
Banknbox | Cairo | Egypt | Seed | Undisclosed | 2023-12-11 | Financial Services |
Tappi | Nairobi | Kenya | Pre-Seed | $1.5M | 2023-12-06 | Information Technology |
Mwalimu Nyerere Foundation | Masaki | Tanzania | Series Unknown | $3M | 2023-12-05 | Other |
Mtor | Cairo | Egypt | Pre-Seed | $2.8M | 2023-12-04 | Information Technology |
Ivorypay | Gauteng | South Africa | Pre-Seed | Undisclosed | 2023-12-01 | Blockchain and Cryptocurrency |
GoMetro | Cape Town | South Africa | Series A | $11.4M | 2023-11-29 | Apps |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Africa?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How many startups in Africa were funded this year and last year?
This region tracks 477 startups; 51 raised funding this year and 120 raised funding last year, with total funding this year of $410,850,000.
Q3. Which industries in Africa are attracting the most funding (Aug-2025)?
Top industries by funding amount are Financial Services ($178,300,000), Energy ($135,700,000) and Education ($24,000,000); the largest deal this year was Cheiron at $75,000,000.
Q4. How can I connect with these startups in Africa?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
Q5. What industry and deal-count trends are emerging among recently funded startups in Africa?
By deal count Financial Services leads with 14 deals, followed by Commerce & Shopping (6) and Energy (4); overall trends point to strong fintech and energy activity driven by several large rounds.