Recently Funded Startups in Na – South Africa (Sep-2025)
Last Updated: 3-Sep-2025
As of September 2025, the startup ecosystem in South Africa continues to demonstrate vibrant growth and resilience, particularly in key sectors such as financial services, energy, and education. With a total of 156 startups tracked, the landscape is ripe for innovation and entrepreneurship, fueled by both local and international investors. The influx of funding not only provides the necessary capital for startups to scale but also reinforces South Africa’s position as a burgeoning hub for technology and innovation on the African continent.
In the current year alone, 21 startups have successfully secured funding, raising a remarkable total of $222 million. This momentum marks an encouraging trend, especially in comparison to the 39 startups that raised funding last year. Financial services stand out as the leading sector by funding amount, highlighting the critical role that fintech plays in transforming the economic landscape in South Africa. As startups continue to attract significant investments, they pave the way for sustainable growth and job creation across diverse industries.
Funding Highlights
- Total startups tracked: 156
- Number of startups that raised funding last year: 39
- Number of startups that raised funding this year: 21
- Total funding raised this year so far: $222,000,000
- Largest deal: Stitch, Series B, $55,000,000
- Top industries by funding amount: Financial Services ($93,600,000), Energy ($60,700,000), Education ($24,000,000)
- Top industries by number of deals: Financial Services (5 deals), Energy (3 deals), Agriculture and Farming (2 deals)
Full List of Recently Funded Startups in Na – South Africa
| Company | Country | State | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| TurnStay | South Africa | Na – South Africa | Seed | $1.9M | 2025-08-05 | Financial Services |
| Tekton | South Africa | NA – South Africa | Series Unknown | $16.7K | 2025-08-05 | Transportation |
| Akili AI | South Africa | Na – South Africa | Pre-Seed | Undisclosed | 2025-07-15 | Artificial Intelligence (AI) |
| MoneyBadger | South Africa | Na – South Africa | Pre-Seed | $400K | 2025-07-15 | Apps |
| Sticitt | South Africa | Na – South Africa | Series A | Undisclosed | 2025-07-03 | Financial Services |
| Wetility | South Africa | Na – South Africa | Series Unknown | $27.9M | 2025-06-18 | Energy |
| Open Access Energy | South Africa | Na – South Africa | Seed | $1.8M | 2025-06-17 | Energy |
| Nile.ag | South Africa | Na – South Africa | Series A | $11.3M | 2025-06-10 | Agriculture and Farming |
| WeThinkCode_ | South Africa | Na – South Africa | Series Unknown | $2M | 2025-06-10 | Consumer Electronics |
| AURA | South Africa | Na – South Africa | Series B | $15.1M | 2025-05-16 | Information Technology |
| Impulse Biomedical | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2025-05-14 | Health Care |
| DigiSquad | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2025-04-23 | Financial Services |
| PsyLabs | South Africa | Na – South Africa | Series Unknown | $500K | 2025-04-15 | Health Care |
| Stitch | South Africa | Na – South Africa | Series B | $55M | 2025-04-11 | Financial Services |
| Jem | South Africa | Na – South Africa | Series Unknown | $1.6M | 2025-03-25 | Administrative Services |
| Pele Energy Group | South Africa | Na – South Africa | Series Unknown | $31M | 2025-03-04 | Energy |
| Ivorypay | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2025-03-04 | Blockchain and Cryptocurrency |
| KHULA! | South Africa | Na – South Africa | Series A | $6.8M | 2025-03-03 | Agriculture and Farming |
| Rode Publications & Media | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2025-02-10 | Professional Services |
| NjiaPay | South Africa | Na – South Africa | Pre-Seed | $1M | 2025-01-28 | Financial Services |
| Enko Education | South Africa | Na – South Africa | Series Unknown | $24M | 2025-01-22 | Education |
| Naked Insurance | South Africa | Na – South Africa | Series B | $37.6M | 2025-01-21 | Financial Services |
| Faro | South Africa | Na – South Africa | Seed | $6M | 2025-01-15 | Clothing and Apparel |
| Sourcefin | South Africa | Na – South Africa | Series Unknown | $8.3M | 2024-12-18 | Financial Services |
| TymeBank | South Africa | Na – South Africa | Series D | $250M | 2024-12-17 | Financial Services |
| Etana Energy | South Africa | Na – South Africa | Series Unknown | $100M | 2024-12-04 | Energy |
| Mapha | South Africa | Na – South Africa | Series Unknown | $50K | 2024-11-18 | Administrative Services |
| Aveade | South Africa | Na – South Africa | Series Unknown | $50K | 2024-11-18 | Administrative Services |
| The African Climate Foundation | South Africa | Na – South Africa | Series Unknown | $2.1M | 2024-11-15 | Agriculture and Farming |
| Energenic Holdings | South Africa | Na – South Africa | Series Unknown | $4.8M | 2024-11-12 | Energy |
| Abalobi | South Africa | Na – South Africa | Series Unknown | $250K | 2024-11-07 | Apps |
| Pargo | South Africa | Na – South Africa | Series Unknown | $4M | 2024-10-24 | Administrative Services |
| GoMetro | South Africa | Na – South Africa | Series Unknown | $191.1K | 2024-10-16 | Apps |
| Grid Africa | South Africa | Na – South Africa | Series Unknown | $2.8M | 2024-10-15 | Energy |
| TUNL | South Africa | Na – South Africa | Seed | Undisclosed | 2024-10-04 | Transportation |
| Syked | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2024-10-03 | Health Care |
| WiSolar | South Africa | Na – South Africa | Series Unknown | $9M | 2024-09-26 | Energy |
| Happy Pay | South Africa | Na – South Africa | Pre-Seed | $1.8M | 2024-09-17 | Commerce and Shopping |
| Omnisient | Collaborative Consumer Intelligence | South Africa | Na – South Africa | Series A | $7.5M | 2024-08-27 | Data and Analytics |
| Open Access Energy | South Africa | Na – South Africa | Seed | $1.5M | 2024-08-12 | Energy |
| Smart View Technology | South Africa | Na – South Africa | Series Unknown | $10.9K | 2024-08-07 | Hardware |
| Athena | South Africa | Na – South Africa | Series Unknown | $10.9K | 2024-08-05 | Financial Services |
| Credipple | South Africa | Na – South Africa | Series Unknown | $10.9K | 2024-08-05 | Administrative Services |
| Adbot | South Africa | Na – South Africa | Series Unknown | $10.9K | 2024-08-05 | Advertising |
| Plentify | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2024-07-22 | Energy |
| ByteFuse | South Africa | Na – South Africa | Series Unknown | $3M | 2024-07-18 | Artificial Intelligence (AI) |
| Momint | South Africa | Na – South Africa | Series Unknown | $50K | 2024-07-16 | Blockchain and Cryptocurrency |
| TurnStay | South Africa | Na – South Africa | Seed | $300.2K | 2024-07-15 | Financial Services |
| PAIX | South Africa | Na – South Africa | Series Unknown | $30M | 2024-07-03 | Hardware |
| Deimos | South Africa | Na – South Africa | Series Unknown | $10M | 2024-06-13 | Information Technology |
| Entersekt | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2024-06-13 | Apps |
| Orca Fraud | South Africa | Na – South Africa | Pre-Seed | $550K | 2024-05-24 | Financial Services |
| NewForm Foods | South Africa | Na – South Africa | Pre-Seed | $200K | 2024-04-24 | Agriculture and Farming |
| Spatialedge | South Africa | Na – South Africa | Series Unknown | $3.2M | 2024-04-17 | Artificial Intelligence (AI) |
| Koa Academy | South Africa | Na – South Africa | $50K | 2024-03-25 | Education | |
| Float | South Africa | Na – South Africa | $10.5M | 2024-03-19 | Commerce and Shopping | |
| NFTfi | South Africa | Na – South Africa | $6M | 2024-03-11 | Commerce and Shopping | |
| RecoMed | South Africa | Na – South Africa | Undisclosed | 2024-03-07 | Commerce and Shopping | |
| Fruittex | South Africa | Na – South Africa | Undisclosed | 2024-03-04 | Agriculture and Farming | |
| FloatPays | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2024-02-14 | Administrative Services |
| Franc | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2024-02-14 | Financial Services |
| CubeSpace | South Africa | Na – South Africa | Series Unknown | $2.5M | 2024-02-13 | Community and Lifestyle |
| Cloudline | South Africa | Na – South Africa | Seed | $6M | 2023-12-21 | Science and Engineering |
| Jembi | South Africa | Na – South Africa | Series Unknown | $300K | 2023-12-20 | Health Care |
| Zaio | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-12-13 | Education |
| TUNL | South Africa | Na – South Africa | Pre-Seed | $1M | 2023-12-13 | Transportation |
| Ivorypay | South Africa | Na – South Africa | Pre-Seed | Undisclosed | 2023-12-01 | Blockchain and Cryptocurrency |
| GoMetro | South Africa | Na – South Africa | Series A | $11.4M | 2023-11-29 | Apps |
| Pineapple | South Africa | Na – South Africa | Series B | $3.7M | 2023-11-14 | Financial Services |
| Showmax | South Africa | Na – South Africa | Series Unknown | $26.7M | 2023-11-10 | Content and Publishing |
| JOBJACK | South Africa | Na – South Africa | Seed | $2.5M | 2023-11-07 | Software |
| Simply | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-10-17 | Financial Services |
| Mergence Investment Managers | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-10-11 | Financial Services |
| Tripplo | South Africa | Na – South Africa | Seed | $1.8M | 2023-10-11 | Software |
| Ivili Group | South Africa | Na – South Africa | Series Unknown | $5M | 2023-10-11 | Manufacturing |
| Stitch | South Africa | Na – South Africa | Series A | $25M | 2023-10-03 | Financial Services |
| Root | South Africa | Na – South Africa | Series Unknown | $1.5M | 2023-09-27 | Financial Services |
| Welo Health | South Africa | Na – South Africa | Series Unknown | $50K | 2023-09-18 | Health Care |
| BioCertica | South Africa | Na – South Africa | Series Unknown | $50K | 2023-09-18 | Biotechnology |
| Faro | South Africa | Na – South Africa | Pre-Seed | Undisclosed | 2023-09-15 | Clothing and Apparel |
| Wetility | South Africa | Na – South Africa | Series Unknown | $39.2M | 2023-09-07 | Energy |
| Livecopper | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-09-01 | Commerce and Shopping |
| Digi Pharm | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-08-23 | Apps |
| VitruvianMD | South Africa | Na – South Africa | Seed | $1.3M | 2023-08-17 | Health Care |
| Founders Factory Africa | South Africa | Na – South Africa | Series Unknown | $114M | 2023-08-16 | Financial Services |
| Cloudline | South Africa | Na – South Africa | Pre-Seed | $4M | 2023-08-16 | Science and Engineering |
| SpaceSalad Studios | South Africa | Na – South Africa | Series Unknown | $20.3K | 2023-08-15 | Consumer Electronics |
| Stitch | South Africa | Na – South Africa | Series Unknown | $15M | 2023-08-10 | Financial Services |
| Luxury Time | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-08-07 | Clothing and Apparel |
| FinMeUp | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-08-07 | Education |
| Sum1 Investments | South Africa | Na – South Africa | Series Unknown | $5K | 2023-07-17 | Financial Services |
| Thumeza | South Africa | Na – South Africa | Series Unknown | $5K | 2023-07-10 | Financial Services |
| StableBlock | South Africa | Na – South Africa | Pre-Seed | Undisclosed | 2023-07-05 | Financial Services |
| TUHF | South Africa | Na – South Africa | Series Unknown | $10.9M | 2023-07-03 | Financial Services |
| GLOBAL ONE | South Africa | Na – South Africa | Pre-Seed | Undisclosed | 2023-07-01 | Advertising |
| Zoie Health | South Africa | Na – South Africa | Pre-Seed | Undisclosed | 2023-06-20 | Community and Lifestyle |
| HealthDart | South Africa | Na – South Africa | Series Unknown | $150K | 2023-06-20 | Health Care |
| Excel@Uni | South Africa | Na – South Africa | Series Unknown | $150K | 2023-06-20 | Administrative Services |
| Adbot | South Africa | Na – South Africa | Seed | Undisclosed | 2023-06-14 | Advertising |
| Moya | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-06-02 | Financial Services |
| Kena Health | South Africa | Na – South Africa | Seed | $102.5K | 2023-06-02 | Health Care |
| Snapplify | South Africa | Na – South Africa | Seed | Undisclosed | 2023-06-02 | Content and Publishing |
| Abela | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-06-02 | Apps |
| Kwanele | South Africa | Na – South Africa | Series Unknown | $30K | 2023-06-01 | Apps |
| Play Sense | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-05-22 | Health Care |
| Maia Capital | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-05-11 | Financial Services |
| DigsConnect.com | South Africa | Na – South Africa | Series A | Undisclosed | 2023-05-11 | Commerce and Shopping |
| KHULA! | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-05-11 | Agriculture and Farming |
| Quro Medical | South Africa | Na – South Africa | Series Unknown | $1.3M | 2023-05-09 | Health Care |
| Buzz Kidz | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-04-14 | Content and Publishing |
| Zaio | South Africa | Na – South Africa | Series Unknown | $55.3K | 2023-04-14 | Education |
| Yenza | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-04-14 | Apps |
| Reflective Learning | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-04-14 | Education |
| Resolute Education | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-04-14 | Education |
| Citra | South Africa | Na – South Africa | Series Unknown | $20M | 2023-04-14 | Real Estate |
| FarmTrace | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-04-13 | Agriculture and Farming |
| Peach Payments | South Africa | Na – South Africa | Series A | $31M | 2023-04-04 | Commerce and Shopping |
| Paymenow Group | South Africa | Na – South Africa | Series Unknown | $14M | 2023-04-03 | Financial Services |
| MetaPOS | South Africa | Na – South Africa | Pre-Seed | $82.7K | 2023-03-23 | Artificial Intelligence |
| Jem | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-03-08 | Administrative Services |
| Showmax | South Africa | Na – South Africa | Series Unknown | Undisclosed | 2023-03-02 | Content and Publishing |
| Planet42 | South Africa | Na – South Africa | Series Unknown | $85M | 2023-02-22 | Financial Services |
| Naked Insurance | South Africa | Na – South Africa | Series B | $16.1M | 2023-02-15 | Financial Services |
| Solar MD | South Africa | Na – South Africa | Series Unknown | $1.1M | 2023-02-14 | Consumer Electronics |
| Sendmarc | South Africa | Na – South Africa | Series A | $7M | 2023-02-09 | Information Technology |
| Lulalend | South Africa | Na – South Africa | Series B | $35.2M | 2023-02-01 | Financial Services |
| Carry1st | South Africa | Na – South Africa | Series B | $27M | 2023-01-17 | Apps |
| Centbee | South Africa | Na – South Africa | Seed | $1M | 2022-12-23 | Apps |
Frequently Asked Questions
Q1. Where can I find recently funded startups in South Africa?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How can I connect with these startups in South Africa?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
Q3. How many startups in South Africa were tracked and how many raised funding this year and last year?
We track 156 startups in South Africa; 21 raised funding so far this year and 39 raised funding last year.
Q4. Which industries in South Africa are attracting the most funding in Sep-2025?
Top by funding: Financial Services $93,600,000; Energy $60,700,000; Education $24,000,000. Top by number of deals: Financial Services 5 deals; Energy 3 deals; Agriculture and Farming 2 deals.
Q5. What are the notable funding totals and the largest deal among South African startups this year?
Total funding this year so far is $222,000,000; the largest deal was Stitch’s Series B at $55,000,000.
