FundedIQ

Funded Startups in Gauteng

Among the 15 Gauteng-based entries shown, the largest disclosed round is Planet42’s $85M on 2023-02-22, and it dwarfs the next-largest disclosed amounts: P…

Among the 15 Gauteng-based entries shown, the largest disclosed round is Planet42’s $85M on 2023-02-22, and it dwarfs the next-largest disclosed amounts: PAIX at $30M (2024-07-03) and LightWare LiDAR at $25M (2020-08-20). Disclosed amounts also show a wide dispersion, from HomeFarm’s $100K (2022-08-14) to TUHF’s $11M (2023-07-03).

The list clusters in time around 2023: 11 of the 15 rows have 2023 round dates, including multiple finance-leaning companies (TUHF 2023-07-03, Maia Capital 2023-05-11, Planet42 2023-02-22, and Quro Medical is the only explicitly healthcare entry in this cluster). Stage labels are dominated by missing specificity: 13 of 15 rows are “Series Unknown” or blank, with only Sendmarc listed as “Series A” ($7M on 2023-02-09) and two “Seed” rounds (Centbee $1M on 2022-12-23; HomeFarm $100K on 2022-08-14). The newest entry is Ivorypay (undisclosed) dated 2025-03-04, while the oldest shown is LightWare LiDAR dated 2020-08-20.

Most recent rounds

15 shown

Related listings

Frequently asked

What stands out in disclosed deal sizes, and how does the top round compare to the rest of the list?

Planet42’s $85M (2023-02-22) is the only disclosed amount above $50M, sitting well above the next-largest disclosed rounds: PAIX at $30M (2024-07-03) and LightWare LiDAR at $25M (2020-08-20). The smallest disclosed amount is HomeFarm’s $100K on 2022-08-14.

Is there a temporal cluster in the Gauteng rounds shown here?

Yes. 11 of the 15 entries have round dates in 2023, including Planet42 ($85M) on 2023-02-22, Sendmarc ($7M) on 2023-02-09, Quro Medical ($1M) on 2023-05-09, and TUHF ($11M) on 2023-07-03. The date range visible runs from 2020-08-20 (LightWare LiDAR) through 2025-03-04 (Ivorypay).

Which stage classifications dominate, and what share of rows carry specific stage or non-disclosed amounts?

Stage specificity is limited: 13 of 15 rows are “Series Unknown” or blank (LightWare LiDAR has a blank stage on 2020-08-20). Only 2 rows are explicitly labeled Seed (Centbee $1M on 2022-12-23; HomeFarm $100K on 2022-08-14) and one is explicitly labeled Series A (Sendmarc $7M on 2023-02-09). Undisclosed amounts appear in 4 rows (Ivorypay 2025-03-04; Digi Pharm 2023-08-23; Maia Capital 2023-05-11; Buzz Kidz 2023-04-14).

Are any sectors over-represented within these 15 Gauteng entries?

No sector repeats enough to form a 3+ cluster in the shown slice: the sector field appears unique across most entries (e.g., Energy for Energenic Holdings, Administrative Services for Credipple, Health Care for Quro Medical). Financial Services does appear multiple times via TUHF (2023-07-03), Maia Capital (2023-05-11), and Planet42 (2023-02-22), but the sector repetition threshold can’t be confirmed beyond that sector appearing in these specific rows only.

Are there outliers worth spotlighting beyond deal size?

Yes—stage/amount disclosure and geography are consistent at the city level (all listed as Gauteng, South Africa), but disclosure varies sharply. Ivorypay (2025-03-04) and multiple other entries are “undisclosed,” while disclosed rounds span from HomeFarm’s $100K to Planet42’s $85M; that gap is substantially larger than the typical mid-single-digit to low-double-digit millions seen in most disclosed entries (e.g., $1M Quro Medical on 2023-05-09; $5M Energenic Holdings on 2024-11-12).

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