Funded Startups in Dakar
Dakar’s most recent disclosed rounds span from 2022-01-19 (Paps) to 2024-11-19 (Socium), with the newest entry carrying $5M.
Dakar’s most recent disclosed rounds span from 2022-01-19 (Paps) to 2024-11-19 (Socium), with the newest entry carrying $5M. The only disclosed amount above $50M is Wave Mobile Money’s $92M debt financing (2022-07-07); every other disclosed round in these six rows is $5M or less (Socium $5M on 2024-11-19, Baobab+ $2M on 2022-10-13, and Rubyx $450K on 2024-08-26). Sector and stage are clustered: Financial Services appears twice (Rubyx 2024-08-26 at $450K, Wave Mobile Money 2022-07-07 at $92M), Administrative Services appears twice (Socium $5M on 2024-11-19, Paps $5M on 2022-01-19), while Energy and Commerce and Shopping appear once each.
Disclosure mix also stands out. Half the entries are Seed (Socium 2024-11-19 $5M; Paps 2022-01-19 $5M; Kwely 2024-02-07 is Seed but amount is undisclosed), and only one round is explicitly “Series Unknown” (Rubyx, 2024-08-26, $450K). Two listings have amounts not disclosed in a way that affects comparisons: Kwely’s Seed round is “undisclosed,” and no other row uses that label.
Most recent rounds
6 shownRelated listings
Frequently asked
What is the largest disclosed round in Dakar in this view, and how does it compare to the rest?
Wave Mobile Money’s $92M debt financing on 2022-07-07 is the only disclosed round above $50M; the next-largest disclosed amounts are much smaller, including Socium’s $5M (2024-11-19) and Paps’ $5M (2022-01-19).
Are there any tight time clusters among the most recent rounds shown?
Yes. Three rounds fall within 2022-01-19 to 2022-10-13 (Paps 2022-01-19 at $5M, Wave Mobile Money 2022-07-07 at $92M, Baobab+ 2022-10-13 at $2M), while the 2024 entries concentrate from 2024-02-07 (Kwely, Seed, undisclosed) to 2024-11-19 (Socium, Seed, $5M).
Do particular sectors or stages show up more than once?
Financial Services appears twice (Rubyx 2024-08-26 at $450K; Wave Mobile Money 2022-07-07 at $92M) and Administrative Services also appears twice (Socium 2024-11-19 at $5M; Paps 2022-01-19 at $5M). Seed dominates the stage labeling with 3 entries: Socium ($5M on 2024-11-19), Kwely (Seed, 2024-02-07, undisclosed), and Paps ($5M on 2022-01-19).
Which entries fall closest to the top of the date range in this list?
Within the most recent 90 days of the newest row (from 2024-08-21 through 2024-11-19), the entries shown are Rubyx (2024-08-26 at $450K) and Socium (2024-11-19 at $5M).
Are there outliers in disclosed amounts or disclosure status worth flagging?
Wave Mobile Money’s $92M on 2022-07-07 is an outlier versus the low disclosed amounts elsewhere ($5M or less for Socium, Paps, and Baobab+). Separately, Kwely’s Seed round (2024-02-07) is “undisclosed,” so it can’t be compared by dollar size to the other disclosed rounds.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.