FundedIQ

Funded Startups in Africa

The disclosed deal sizes skew heavily toward a single outlier: Biovac’s $108M round (2026-04-16) dwarfs the next-largest disclosed amount, Traxtion’s $86M…

The disclosed deal sizes skew heavily toward a single outlier: Biovac’s $108M round (2026-04-16) dwarfs the next-largest disclosed amount, Traxtion’s $86M (2026-06-03), with the top eight all sitting at $29M–$108M. More broadly, cities are concentrated in the main hubs: Cairo appears 10 times, Johannesburg 10 times, and Cape Town 8 times, indicating a strong geographic clustering around these metros rather than a wide dispersion. Temporally, rounds span from 2026-03-08 to 2026-08-01, and the most recent entry is UmkhoAI (2026-08-01) with an undisclosed amount, while the smallest disclosed round is Amaries Africa at $0K (2026-07-15). Sector and stage signals also appear mixed: five entries carry “Series Unknown,” and multiple categories recur in the table (notably Financial Services, Energy, and AI), suggesting investor activity spans both frontier tech and more infrastructure-heavy themes rather than one narrow funding pattern.

Most recent rounds

50 of 530
U
UmkhoAI
Randburg, South Africa · AI Infrastructure, Artificial Intelligence (AI), Generative AI, GovTech, Machine Learning, Natural Language Processing
Seed · Aug 2026
Undisclosed
O
Orient Enterprises
Juja, Kenya · Food and Beverage, Manufacturing
Series Unknown · Jul 2026
$500k
F
Fincart
Cairo, Egypt · Commerce and Shopping
Seed · Jul 2026
$2.8M
A
Amaries Africa
Kaduna South, Nigeria · FinTech, Infrastructure, Internet of Things, SaaS, Wired Telecommunications
Pre-Seed · Jul 2026
$0k
A
ariika
Cairo, Egypt · Other
Series Unknown · Jun 2026
Undisclosed
P
Pale
Johannesburg, South Africa · Food and Beverage
Seed · Jun 2026
Undisclosed
C
CrossBoundary
Nairobi, Kenya · Energy
Series Unknown · Jun 2026
$10M
P
Premium Card
Cairo, Egypt · Financial Services
Series Unknown · Jun 2026
$4.8M
T
The Digital Media Collective
Durban, South Africa · Information Technology
Series Unknown · Jun 2026
Undisclosed
M
Mena for Touristic & Real Estate Investments
Garden City, Egypt · Administrative Services
Series Unknown · Jun 2026
$8.0M
C
Creslow Energy Solutions
Johannesburg, South Africa · Energy
Series Unknown · Jun 2026
Undisclosed
A
Al Taamir for Leasing and Factoring
6 October City, Egypt · Other
Series Unknown · Jun 2026
$34M
S
Sandstone
Cape Town, South Africa · Artificial Intelligence (AI)
Series A · Jun 2026
$30M
B
Blnk
Gîza, Egypt · Commerce and Shopping
Series Unknown · Jun 2026
$25M
K
Kloset Klub
Cape Town, South Africa · Clothing and Apparel
Seed · Jun 2026
Undisclosed
B
Breaze Delivery
Johannesburg, South Africa · Apps
Series Unknown · Jun 2026
$1.2M
D
Dawar
Gîza, Egypt · Other
Series Unknown · Jun 2026
$1.9M
H
HealthFlow
Cairo, Egypt · Financial Services
Seed · Jun 2026
$1.0M
T
Traxtion
Gauteng, South Africa · Financial Services
Series Unknown · Jun 2026
$86M
A
AskMandla
Stellenbosch, South Africa · Financial Services
Pre-Seed · Jun 2026
Undisclosed
B
Bonyan for Development and Trade
Gîza, Egypt · Real Estate
Series Unknown · Jun 2026
$6.5M
M
Mdali
Johannesburg, South Africa · Artificial Intelligence (AI)
Pre-Seed · Jun 2026
Undisclosed
N
Nala
Dar Es Salaam, Tanzania · Financial Services
Series Unknown · May 2026
$25M
M
Mia Healthcare
Cape Town, South Africa · Health Care
Seed · May 2026
$910k
N
Nubia Studio
Cape Town, South Africa · Artificial Intelligence (AI)
Series Unknown · May 2026
Undisclosed
F
Fedgroup
Sandown, South Africa · Financial Services
Series Unknown · May 2026
$30M
B
Buddy Learning
Johannesburg, South Africa · Artificial Intelligence (AI)
Series Unknown · May 2026
$70k
N
Nyanza Light Metals
Johannesburg, South Africa · Natural Resources
Series Unknown · May 2026
$7.2M
F
Fuchs Electronics
Gauteng, South Africa · Consumer Electronics
Series Unknown · May 2026
Undisclosed
B
Bedaya Mortgage Finance
Gîza, Egypt · Financial Services
Series Unknown · May 2026
$36M
G
GlobalCorp
Cairo, Egypt · Financial Services
Series Unknown · May 2026
$19M
L
Layn
Cairo, Egypt · Hardware
Pre-Seed · May 2026
$1.0M
S
Shiprazor
Cape Town, South Africa · Transportation
Seed · Apr 2026
$2.7M
A
Al Ismaelia
Cairo, Egypt · Real Estate
Series Unknown · Apr 2026
Undisclosed
H
Housing and Development Properties
Gîza, Egypt · Real Estate
Series Unknown · Apr 2026
$29M
N
Nafasi Water
Johannesburg, South Africa · Administrative Services
Series Unknown · Apr 2026
$9.8M
B
Biovac
Cape Town, South Africa · Health Care
Series Unknown · Apr 2026
$108M
A
AI Diagnostics
Cape Town, South Africa · Artificial Intelligence (AI)
Seed · Apr 2026
$5.2M
I
INVIA
Gîza, Egypt · Financial Services
Seed · Apr 2026
$1.2M
R
Refiant
Durban, South Africa · Artificial Intelligence (AI)
Seed · Apr 2026
$5.0M
D
Delta Oil
Cairo, Egypt · Agriculture and Farming
Series Unknown · Apr 2026
Undisclosed
L
Lucky
Cairo, Egypt · Apps
Series B · Apr 2026
$23M
E
eSusFarm
Johannesburg, South Africa · Internet Publishing
Series Unknown · Apr 2026
Undisclosed
F
Futurefert
Suez, Egypt · Agriculture and Farming
Series Unknown · Apr 2026
$20M
L
LittleFish
Johannesburg, South Africa · Commerce and Shopping
Series A · Mar 2026
$9.5M
H
Happy Pay
Cape Town, South Africa · Commerce and Shopping
Seed · Mar 2026
$5.0M
S
Sistema.bio
Nairobi, Kenya · Agriculture and Farming
Series Unknown · Mar 2026
$53M
T
Tiba for Starch & Glucose
Other
Series Unknown · Mar 2026
Undisclosed
N
NjiaPay
Johannesburg, South Africa · Financial Services
Seed · Mar 2026
$2.1M
K
KarmSolar
Cairo, Egypt · Energy
Series Unknown · Mar 2026
$1.4M

480 more funded startups

530 startups · 50 visible Unlock with plan

This page shows the 50 most recent rounds (back to Mar 2026). The full 530-company history for this listing is available on a paid plan.

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Location
Round
Amount

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Frequently asked

Which single disclosed round is the clear outlier, and what sits just below it in the disclosed ranking?

Biovac’s $108M (2026-04-16) is the largest disclosed amount in the list, and it meaningfully outweighs the next-largest disclosed round: Traxtion’s $86M (2026-06-03). The next disclosed levels drop into a $53M–$36M band (e.g., Sistema.bio $53M on 2026-03-17 and Bedaya Mortgage Finance $36M on 2026-05-05).

Do the largest disclosed deals cluster by time window or are they spread across the full date range?

The top disclosed rounds are not confined to a single week; they appear across multiple months between 2026-03 and 2026-06. For example, Sistema.bio $53M (2026-03-17), Biovac $108M (2026-04-16), and Traxtion $86M (2026-06-03) together show that the highest values occur at different points rather than only at the temporal edges (2026-03-08 to 2026-08-01).

Are Cairo, Johannesburg, and Cape Town over-represented compared with other locations?

Yes. Cairo appears 10 times, Johannesburg appears 10 times, and Cape Town appears 8 times, making these the dominant city clusters in the 50 most recent rows. Egypt- and South Africa-based entries repeatedly drive this pattern, with multiple large disclosed checks coming from Cairo and Johannesburg (e.g., Bedaya Mortgage Finance $36M on 2026-05-05 in Cairo; Traxtion $86M on 2026-06-03 in Johannesburg).

How does the “Series Unknown” classification affect deal-size interpretation for this page?

“Series Unknown” appears repeatedly (five entries), which means disclosed amounts may not capture the full stage picture. For instance, Premium Card shows $5M on 2026-06-24 under “Series Unknown,” while larger disclosed rounds like Sandstone’s $30M (2026-06-09, Series A) still indicate that stage-specific signals can be present even when many rows omit it.

Which sectors recur most often, and do the biggest checks tie to those clusters?

Several sectors recur in 3+ entries, including Financial Services, Energy, and AI, and the largest disclosed amounts come from within these themes. Examples include Financial Services with Biovac’s $108M (2026-04-16) and Traxtion’s $86M (2026-06-03), plus AI represented by Sistema.bio’s $53M (2026-03-17) and Sandstone’s $30M (2026-06-09).

What are the most notable “smallest disclosed” and “most recent” datapoints, and are they comparable?

The smallest disclosed amount on the page is Amaries Africa at $0K (2026-07-15), which contrasts sharply with the largest disclosed $108M for Biovac (2026-04-16). The most recent row overall is UmkhoAI on 2026-08-01, but its amount is undisclosed, so it cannot be directly compared on disclosed-size grounds.

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