FundedIQ

Recently Funded Artificial Intelligence Startups in South Africa

Updated Sep 2026

FundedIQ holds 14 funded Artificial Intelligence startups in South Africa and keeps their funding rounds, amounts, investors, industries, locations and company details up to date. This page provides an overview of the Artificial Intelligence startup funding landscape in South Africa, along with the 14 most recently funded Artificial Intelligence startups in South Africa.

Cape Town and Johannesburg hold the deepest concentrations of these companies. Artificial Intelligence startups in South Africa closed 7 funding rounds over the last 24 months, 6 of them in the last 12 months, and raised $40M in disclosed capital. The median disclosed round is $5.1M, with the middle half of rounds falling between $3.8M and $11M.

Early stage funding dominates this sector. Local venture capital firms drive the activity, creating a tight circle of influence. Small teams characterize the majority of these ventures. This concentration of local capital means access depends on regional networks. Approaching these founders involves navigating a closed loop of seed investors who prioritize domestic scale over global reach.

Artificial Intelligence funded startup statistics in South Africa

Funded Artificial Intelligence startups in South Africa
14
tracked in the database
Funding rounds, last 12 months
6
7 over 24 months
Disclosed capital raised, 24 months
$40M
4 of 7 rounds disclosed an amount
Median round size
$5.1M
middle half $3.8M to $11M

Most recent funding round on record: Jun 2026.

14 most recently funded Artificial Intelligence startups in South Africa

14 shown

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

S
Cape Town, South Africa · Artificial Intelligence (AI)
Sandstone is a legal technology company that develops an artificial intelligence-powered legal relationship…
Series A ·
$30M
M
Mdali
Johannesburg, South Africa · Artificial Intelligence (AI)
Mdali builds private, offline AI for the markets cloud AI ignores. Our models run 100% on-device - they work…
Pre-Seed ·
Undisclosed
N
Nubia Studio
Cape Town, South Africa · Artificial Intelligence (AI)
Nubia Studio operates at the intersection of advanced artificial intelligence and world-class cinematic…
Series Unknown ·
Undisclosed
B
Johannesburg, South Africa · Artificial Intelligence (AI)
Buddy Learning is an AI-tutoring platform that provides curriculum-aligned academic support and skill…
Series Unknown ·
$70k
A
Cape Town, South Africa · Artificial Intelligence (AI)
AI Diagnostics is a medical technology company that provides tuberculosis diagnostics.
Seed ·
$5.2M
R
Durban, South Africa · Artificial Intelligence (AI)
Refiant offers the future of computing through novel ML/AI algorithms dedicated to Green AI, optimising…
Seed ·
$5.0M
A
Akili AI
Cape Town, South Africa · Artificial Intelligence (AI)
Akili AI is creating a comprehensive care platform that aims to reduce administrative tasks for healthcare…
Pre-Seed ·
Undisclosed
B
Stellenbosch, South Africa · Artificial Intelligence (AI)
ByteFuse offers AI-driven research and development services, including APIs and deployment infrastructure…
Series Unknown ·
$3.0M
S
Stellenbosch, South Africa · Artificial Intelligence (AI)
We help large corporates with their Big Data/AI strategy and implementation, from inception through to…
Series Unknown ·
$3.2M
M
Cape Town, South Africa · Artificial Intelligence (AI)
The primary objective of the South African data technology corporation is to earn revenue from data in a fair…
Pre-Seed ·
$80k
D
Cape Town, South Africa · Artificial Intelligence (AI)
DataProphet is a developer of machine learning and AI technology to serve the manufacturing industry. The…
Series A ·
$10M
J
Cape Town, South Africa · Artificial Intelligence (AI)
JUMO offers savings and credit products to entrepreneurs in emerging markets, as well as financial services…
Venture - Series Unknown ·
$120M
A
Johannesburg, South Africa · Artificial Intelligence (AI)
Akiba Digital is a financial data aggregation company, that houses a data consolidation and enrichment engine…
Pre-Seed ·
$1.0M
I
Cape Town, South Africa · Artificial Intelligence (AI)
iNNOHEALTH operates as an e-health startup. iNNOHEALTH's first product is the doctor-led app MyPocketHealth,…
Seed ·
$5.0M

Where are funded Artificial Intelligence startups located in South Africa?

Where funded Artificial Intelligence startups in South Africa are based, by the city on the company record.

City
Funded startups

Funding stages of funded Artificial Intelligence startups in South Africa

How the last 24 months of funding rounds for funded Artificial Intelligence startups in South Africa break down by stage.

Stage
Rounds, last 24 months

A further 2 rounds in this period were announced without a stage label and are not ranked above.

About the FundedIQ Artificial Intelligence startup funding data in South Africa

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 14 funded Artificial Intelligence startups in South Africa currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (3 of 7 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded Artificial Intelligence startups in South Africa is dated Jun 2026.

The table above shows the 14 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded Artificial Intelligence startups are there in South Africa?

FundedIQ tracks 14 funded Artificial Intelligence startups in South Africa. This page lists the 14 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have Artificial Intelligence startups in South Africa raised?

Artificial Intelligence startups in South Africa tracked by FundedIQ have raised $40M in disclosed capital across 7 funding rounds over the last 24 months, including 6 rounds in the last 12 months. 4 of those 7 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

Which cities have the most funded Artificial Intelligence startups in South Africa?

Cape Town leads with 8 companies, then Johannesburg (3), Stellenbosch (2) and Durban (1).

What is a typical funding round size for Artificial Intelligence startups in South Africa?

The median disclosed round over the last 24 months is $5.1M, and the middle half of rounds fall between $3.8M and $11M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

What is the most common funding stage for Artificial Intelligence startups in South Africa?

Pre-Seed is the most common labelled stage, with 2 rounds in the last 24 months, ahead of Seed (2) and Series A (1). A further 2 rounds were announced without a stage label and are not counted here.

How often is the Artificial Intelligence startup funding data in South Africa updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded Artificial Intelligence startups in South Africa is dated Jun 2026. Counts and totals on this page are recomputed on every refresh.

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