Recently Funded Startups in South Africa (Nov-2025)
Last Updated: 21-Nov-2025
The startup ecosystem in South Africa has been vibrant and dynamic, showcasing a tremendous potential for innovation and growth. With a total of 167 startups actively being tracked, the country has fostered a diverse range of entrepreneurial ventures that are beginning to attract significant investment. Funding is crucial for these startups as it not only allows them to scale their operations and enhance their product offerings but also positions them strategically in a competitive market, unlocking new opportunities for collaboration and expansion.
As of November 2025, South African startups have shown resilience and growth despite the economic challenges, with 33 startups successfully raising funding this year. The total funding amount has reached approximately $318.8 million, indicative of investor confidence in key sectors such as energy, financial services, and education. These industries are rapidly evolving, and the influx of capital underscores the critical role that funding plays in driving innovation and addressing local and global challenges.
Funding Highlights
- Total number of startups tracked: 167
- Startups that raised funding last year: 39
- Startups that raised funding this year: 33
- Total funding raised this year (USD Millions): $318.8
- Largest deal: SolarSaver, Private Equity, $60 million
- Top industries by funding amount: Energy – $120.7 million, Financial Services – $95.5 million, Education – $24 million
- Top industries by number of deals: Financial Services – 6 deals, Energy – 4 deals, Agriculture and Farming – 2 deals
Full List of Recently Funded Startups in South Africa
| Company | City | Country | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| Plentify | Cape Town | South Africa | Series A | unknown | 2025-11-20 | Energy |
| SolarSaver | Bryanston | South Africa | Private Equity | $60,000,000 | 2025-11-16 | Energy |
| Volarem | Johannesburg | South Africa | Pre-Seed | $1,000,000 | 2025-11-07 | Real Estate, Finance, Agriculture, Energy |
| Cape Winelands Airport | Cape Town | South Africa | Venture – Series Unknown | unknown | 2025-10-18 | Aviation, Logistics, Travel |
| Ahana | Johannesburg | South Africa | Pre-Seed | $2,500,000 | 2025-10-11 | Information Technology, Telecommunications, Marketing |
| 36ONE Asset Management | Johannesburg | South Africa | Private Equity | unknown | 2025-10-09 | Investing, Finance |
| Pura Soda | Cape Town | South Africa | Venture – Series Unknown | $15,023,275 | 2025-10-02 | Food and Beverage, Consumer Goods |
| Lov.Cash | Cape Town | South Africa | Seed | $250,000 | 2025-09-29 | FinTech, Finance, Blockchain, E-commerce, Supply Chain |
| Contactable | Centurion | South Africa | Private Equity | $13,500,000 | 2025-09-19 | Cyber Security |
| Float | Johannesburg | South Africa | Seed | $2,600,000 | 2025-09-14 | Commerce and Shopping |
| Alignd | Cape Town | South Africa | Venture – Series Unknown | unknown | 2025-09-11 | Healthcare |
| Tekton | Cape Town | South Africa | Series Unknown | $16.7K | 2025-08-05 | Transportation |
| TurnStay | Cape Town | South Africa | Seed | $1.9M | 2025-08-05 | Financial Services |
| Akili AI | Cape Town | South Africa | Pre-Seed | Undisclosed | 2025-07-15 | Artificial Intelligence (AI) |
| MoneyBadger | Stellenbosch | South Africa | Pre-Seed | $400K | 2025-07-15 | Apps |
| Sticitt | Somerset West | South Africa | Series A | Undisclosed | 2025-07-03 | Financial Services |
| Wetility | Johannesburg | South Africa | Series Unknown | $27.9M | 2025-06-18 | Energy |
| Open Access Energy | Cape Town | South Africa | Seed | $1.8M | 2025-06-17 | Energy |
| WeThinkCode_ | Johannesburg | South Africa | Series Unknown | $2M | 2025-06-10 | Consumer Electronics |
| Nile.ag | Centurion | South Africa | Series A | $11.3M | 2025-06-10 | Agriculture and Farming |
| AURA | Johannesburg | South Africa | Series B | $15.1M | 2025-05-16 | Information Technology |
| Impulse Biomedical | Cape Town | South Africa | Series Unknown | Undisclosed | 2025-05-14 | Health Care |
| DigiSquad | Johannesburg | South Africa | Series Unknown | Undisclosed | 2025-04-23 | Financial Services |
| PsyLabs | Cape Town | South Africa | Series Unknown | $500K | 2025-04-15 | Health Care |
| Stitch | Cape Town | South Africa | Series B | $55M | 2025-04-11 | Financial Services |
| Jem | Cape Town | South Africa | Series Unknown | $1.6M | 2025-03-25 | Administrative Services |
| Pele Energy Group | Johannesburg | South Africa | Series Unknown | $31M | 2025-03-04 | Energy |
| Ivorypay | Gauteng | South Africa | Series Unknown | Undisclosed | 2025-03-04 | Blockchain and Cryptocurrency |
| KHULA! | Johannesburg | South Africa | Series A | $6.8M | 2025-03-03 | Agriculture and Farming |
| Rode Publications & Media | Cape Town | South Africa | Series Unknown | Undisclosed | 2025-02-10 | Professional Services |
| NjiaPay | Johannesburg | South Africa | Pre-Seed | $1M | 2025-01-28 | Financial Services |
| Enko Education | Johannesburg | South Africa | Series Unknown | $24M | 2025-01-22 | Education |
| Naked Insurance | Johannesburg | South Africa | Series B | $37.6M | 2025-01-21 | Financial Services |
| Faro | Cape Town | South Africa | Seed | $6M | 2025-01-15 | Clothing and Apparel |
| Sourcefin | Johannesburg | South Africa | Series Unknown | $8.3M | 2024-12-18 | Financial Services |
| TymeBank | Johannesburg | South Africa | Series D | $250M | 2024-12-17 | Financial Services |
| Etana Energy | Cape Town | South Africa | Series Unknown | $100M | 2024-12-04 | Energy |
| Mapha | Johannesburg | South Africa | Series Unknown | $50K | 2024-11-18 | Administrative Services |
| Aveade | Johannesburg | South Africa | Series Unknown | $50K | 2024-11-18 | Administrative Services |
| The African Climate Foundation | Cape Town | South Africa | Series Unknown | $2.1M | 2024-11-15 | Agriculture and Farming |
| Energenic Holdings | Gauteng | South Africa | Series Unknown | $4.8M | 2024-11-12 | Energy |
| Abalobi | Cape Town | South Africa | Series Unknown | $250K | 2024-11-07 | Apps |
| Pargo | Cape Town | South Africa | Series Unknown | $4M | 2024-10-24 | Administrative Services |
| GoMetro | Cape Town | South Africa | Series Unknown | $191.1K | 2024-10-16 | Apps |
| Grid Africa | Bryanston | South Africa | Series Unknown | $2.8M | 2024-10-15 | Energy |
| TUNL | Cape Town | South Africa | Seed | Undisclosed | 2024-10-04 | Transportation |
| Syked | Centurion | South Africa | Series Unknown | Undisclosed | 2024-10-03 | Health Care |
| WiSolar | Johannesburg | South Africa | Series Unknown | $9M | 2024-09-26 | Energy |
| Happy Pay | Cape Town | South Africa | Pre-Seed | $1.8M | 2024-09-17 | Commerce and Shopping |
| Omnisient | Collaborative Consumer Intelligence | Cape Town | South Africa | Series A | $7.5M | 2024-08-27 | Data and Analytics |
| Open Access Energy | Cape Town | South Africa | Seed | $1.5M | 2024-08-12 | Energy |
| Smart View Technology | Cape Town | South Africa | Series Unknown | $10.9K | 2024-08-07 | Hardware |
| Athena | Johannesburg | South Africa | Series Unknown | $10.9K | 2024-08-05 | Financial Services |
| Adbot | Cape Town | South Africa | Series Unknown | $10.9K | 2024-08-05 | Advertising |
| Credipple | Gauteng | South Africa | Series Unknown | $10.9K | 2024-08-05 | Administrative Services |
| Plentify | Cape Town | South Africa | Series Unknown | Undisclosed | 2024-07-22 | Energy |
| ByteFuse | Stellenbosch | South Africa | Series Unknown | $3M | 2024-07-18 | Artificial Intelligence (AI) |
| Momint | Cape Town | South Africa | Series Unknown | $50K | 2024-07-16 | Blockchain and Cryptocurrency |
| TurnStay | Cape Town | South Africa | Seed | $300.2K | 2024-07-15 | Financial Services |
| PAIX | Gauteng | South Africa | Series Unknown | $30M | 2024-07-03 | Hardware |
| Entersekt | Stellenbosch | South Africa | Series Unknown | Undisclosed | 2024-06-13 | Apps |
| Deimos | Cape Town | South Africa | Series Unknown | $10M | 2024-06-13 | Information Technology |
| Orca Fraud | Cape Town | South Africa | Pre-Seed | $550K | 2024-05-24 | Financial Services |
| NewForm Foods | Cape Town | South Africa | Pre-Seed | $200K | 2024-04-24 | Agriculture and Farming |
| Spatialedge | Stellenbosch | South Africa | Series Unknown | $3.2M | 2024-04-17 | Artificial Intelligence (AI) |
| Koa Academy | Cape Town | South Africa | $50K | 2024-03-25 | Education | |
| Float | Johannesburg | South Africa | $10.5M | 2024-03-19 | Commerce and Shopping | |
| NFTfi | Cape Town | South Africa | $6M | 2024-03-11 | Commerce and Shopping | |
| RecoMed | Cape Town | South Africa | Undisclosed | 2024-03-07 | Commerce and Shopping | |
| Fruittex | Louis Trichardt | South Africa | Undisclosed | 2024-03-04 | Agriculture and Farming | |
| FloatPays | Johannesburg | South Africa | Series Unknown | Undisclosed | 2024-02-14 | Administrative Services |
| Franc | Johannesburg | South Africa | Series Unknown | Undisclosed | 2024-02-14 | Financial Services |
| CubeSpace | Stellenbosch | South Africa | Series Unknown | $2.5M | 2024-02-13 | Community and Lifestyle |
| Cloudline | Cape Town | South Africa | Seed | $6M | 2023-12-21 | Science and Engineering |
| Jembi | Cape Town | South Africa | Series Unknown | $300K | 2023-12-20 | Health Care |
| Zaio | Cape Town | South Africa | Series Unknown | Undisclosed | 2023-12-13 | Education |
| TUNL | Cape Town | South Africa | Pre-Seed | $1M | 2023-12-13 | Transportation |
| Ivorypay | Gauteng | South Africa | Pre-Seed | Undisclosed | 2023-12-01 | Blockchain and Cryptocurrency |
| GoMetro | Cape Town | South Africa | Series A | $11.4M | 2023-11-29 | Apps |
| Pineapple | Johannesburg | South Africa | Series B | $3.7M | 2023-11-14 | Financial Services |
| Showmax | Johannesburg | South Africa | Series Unknown | $26.7M | 2023-11-10 | Content and Publishing |
| JOBJACK | Cape Town | South Africa | Seed | $2.5M | 2023-11-07 | Software |
| Simply | Cape Town | South Africa | Series Unknown | Undisclosed | 2023-10-17 | Financial Services |
| Tripplo | Johannesburg | South Africa | Seed | $1.8M | 2023-10-11 | Software |
| Ivili Group | Gauteng | South Africa | Series Unknown | $5M | 2023-10-11 | Manufacturing |
| Mergence Investment Managers | Cape Town | South Africa | Series Unknown | Undisclosed | 2023-10-11 | Financial Services |
| Stitch | Cape Town | South Africa | Series A | $25M | 2023-10-03 | Financial Services |
| Root | Cape Town | South Africa | Series Unknown | $1.5M | 2023-09-27 | Financial Services |
| Welo Health | Johannesburg | South Africa | Series Unknown | $50K | 2023-09-18 | Health Care |
| BioCertica | Paarl | South Africa | Series Unknown | $50K | 2023-09-18 | Biotechnology |
| Faro | Cape Town | South Africa | Pre-Seed | Undisclosed | 2023-09-15 | Clothing and Apparel |
| Wetility | Johannesburg | South Africa | Series Unknown | $39.2M | 2023-09-07 | Energy |
| Livecopper | Pietermaritzburg | South Africa | Series Unknown | Undisclosed | 2023-09-01 | Commerce and Shopping |
| Digi Pharm | Gauteng | South Africa | Series Unknown | Undisclosed | 2023-08-23 | Apps |
| VitruvianMD | Johannesburg | South Africa | Seed | $1.3M | 2023-08-17 | Health Care |
| Founders Factory Africa | Johannesburg | South Africa | Series Unknown | $114M | 2023-08-16 | Financial Services |
| Cloudline | Cape Town | South Africa | Pre-Seed | $4M | 2023-08-16 | Science and Engineering |
| SpaceSalad Studios | Johannesburg | South Africa | Series Unknown | $20.3K | 2023-08-15 | Consumer Electronics |
| Stitch | Cape Town | South Africa | Series Unknown | $15M | 2023-08-10 | Financial Services |
| Luxury Time | Pretoria | South Africa | Series Unknown | Undisclosed | 2023-08-07 | Clothing and Apparel |
| Sum1 Investments | Cape Town | South Africa | Series Unknown | $5K | 2023-07-17 | Financial Services |
| Thumeza | Johannesburg | South Africa | Series Unknown | $5K | 2023-07-10 | Financial Services |
| StableBlock | Johannesburg | South Africa | Pre-Seed | Undisclosed | 2023-07-05 | Financial Services |
| TUHF | Gauteng | South Africa | Series Unknown | $10.9M | 2023-07-03 | Financial Services |
| GLOBAL ONE | Cape Town | South Africa | Pre-Seed | Undisclosed | 2023-07-01 | Advertising |
| Excel@Uni | Cape Town | South Africa | Series Unknown | $150K | 2023-06-20 | Administrative Services |
| Zoie Health | Johannesburg | South Africa | Pre-Seed | Undisclosed | 2023-06-20 | Community and Lifestyle |
| HealthDart | Johannesburg | South Africa | Series Unknown | $150K | 2023-06-20 | Health Care |
| Adbot | Cape Town | South Africa | Seed | Undisclosed | 2023-06-14 | Advertising |
| Moya | Johannesburg | South Africa | Series Unknown | Undisclosed | 2023-06-02 | Financial Services |
| Snapplify | Cape Town | South Africa | Seed | Undisclosed | 2023-06-02 | Content and Publishing |
| Abela | Cape Town | South Africa | Series Unknown | Undisclosed | 2023-06-02 | Apps |
| Kena Health | Johannesburg | South Africa | Seed | $102.5K | 2023-06-02 | Health Care |
| Kwanele | Cape Town | South Africa | Series Unknown | $30K | 2023-06-01 | Apps |
| Play Sense | Cape Town | South Africa | Series Unknown | Undisclosed | 2023-05-22 | Health Care |
| Maia Capital | Gauteng | South Africa | Series Unknown | Undisclosed | 2023-05-11 | Financial Services |
| DigsConnect.com | Cape Town | South Africa | Series A | Undisclosed | 2023-05-11 | Commerce and Shopping |
| KHULA! | Johannesburg | South Africa | Series Unknown | Undisclosed | 2023-05-11 | Agriculture and Farming |
| Quro Medical | Gauteng | South Africa | Series Unknown | $1.3M | 2023-05-09 | Health Care |
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 funded this year and last year?
This year 33 startups raised funding in South Africa and 39 did so last year; we track 167 startups in the country.
Q4. Which industries in South Africa are trending by funding and deal count in 2025?
By funding amount the leaders are Energy ($120.7M), Financial Services ($95.5M) and Education ($24M); by deal count: Financial Services (6), Energy (4) and Agriculture (2); the largest deal was SolarSaver (Private Equity, $60M).
Q5. What is the total funding raised in South Africa this year and what was the largest deal?
Startups in South Africa have raised a total of $318.7867M so far this year; the largest deal was SolarSaver, a $60M private equity round.
