FundedIQ

Funded Startups in Mauritius

Across the 9 most recent funded startups listed for Mauritius, the largest disclosed round is Grit’s Post-IPO Debt on 2022-10-19 at $300M, which dwarfs the…

Across the 9 most recent funded startups listed for Mauritius, the largest disclosed round is Grit’s Post-IPO Debt on 2022-10-19 at $300M, which dwarfs the next-largest disclosed amounts of $200M (WIOCC, 2021-11-24) and $36M (Solarise Africa, 2024-08-22). The smallest disclosed amount is Zindi’s Seed round on 2021-12-03 at $1M, sitting far below the rest.

The rounds cluster around a broad window from 2021-11-24 (WIOCC) through the most recent entry Kuunda on 2025-10-19. Geographically, Ebène, Plaines Wilhems appears repeatedly (Solarise Africa in Ebène, Zindi and WIOCC in Ebène, and Bayport Management also in Ebène), while Port Louis is also represented by multiple entries (Hub2.Io, Yellow, and Africa Healthcare Network). Sector-wise, Financial Services recurs across multiple companies (Kuunda, Hub2.Io, Yellow, and Grit), while “Series Unknown” appears 3 times (Yellow, Solarise Africa, Africa Healthcare Network).

Most recent rounds

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Frequently asked

Which disclosed round is the outlier, and how does it reshape comparisons across the Mauritius list?

Grit’s Post-IPO Debt on 2022-10-19 at $300M is the clear outlier, with the next-highest disclosed amounts at $200M (WIOCC, 2021-11-24) and $36M (Solarise Africa, 2024-08-22). That gap makes most other disclosed rounds look comparatively small (for example, $12M for Bayport Management on 2022-10-17 and $8M for Kuunda on 2025-10-19).

Are there noticeable city clusters across the most recent entries (especially within Ebène or Port Louis)?

Ebène, Plaines Wilhems is a recurring location: Solarise Africa (Ebène) closed on 2024-08-22 for $36M, Bayport Management (Ebène) closed on 2022-10-17 for $12M, and Zindi (Ebène) plus WIOCC (Ebène) appear in 2021. Port Louis also shows concentration, with Hub2.Io (Port Louis Town) at $9M on 2024-12-02, Yellow at $2M on 2024-09-25, and Africa Healthcare Network at $20M on 2023-11-22.

How many rounds fall within the most recent stretch of the data, and who closed most recently?

Only one entry is in the most recent year-long edge of this list: Kuunda’s Seed round on 2025-10-19 for $8M. The next-latest close is Hub2.Io on 2024-12-02 ($9M), with other 2024 rounds including Solarise Africa on 2024-08-22 ($36M) and Yellow on 2024-09-25 ($2M).

What does the stage mix look like—does “Series Unknown” meaningfully affect interpretation?

“Series Unknown” appears in 3 of 9 rows: Yellow ($2M, 2024-09-25), Solarise Africa ($36M, 2024-08-22), and Africa Healthcare Network ($20M, 2023-11-22). Outside those, the list spans Seed (Kuunda, 2025-10-19 at $8M; Zindi, 2021-12-03 at $1M), Series A (Hub2.Io, 2024-12-02 at $9M), and large disclosed debt/private equity labels (Grit’s Post-IPO Debt at $300M and WIOCC’s Private Equity at $200M).

Do certain sectors appear repeatedly, and are the largest rounds tied to those sectors?

Financial Services shows up across multiple entries: Kuunda (FinTech) with $8M on 2025-10-19, Hub2.Io with $9M on 2024-12-02, Yellow with $2M on 2024-09-25, and Grit with $300M on 2022-10-19. The largest disclosed round ($300M) is therefore also in the Financial Services cluster via Grit, while the next-largest disclosed amount ($200M) is tied to Hardware via WIOCC.

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