FundedIQ

Funded Startups in South Africa

Among the 50 most recent South Africa rounds shown, the only disclosed deal above $100M is TymeBank’s $250M Series D on 2024-12-17; the next-largest disclo…

Among the 50 most recent South Africa rounds shown, the only disclosed deal above $100M is TymeBank’s $250M Series D on 2024-12-17; the next-largest disclosed amounts are Etana Energy’s $100M (2024-12-04) and higher-$30M rounds like Naked Insurance’s $38M (2025-01-21) and Contactable’s $14M (2025-09-19 is below), making TymeBank’s raise a clear outlier in disclosed size. Disclosed minimums are $20K for Tekton on 2025-08-05 (the smallest disclosed amount in the rows), with several other sub-$1M rounds such as Lov.Cash’s $250K (2025-09-29) and multiple $50K entries (Aveade and Mapha on 2024-11-18).

Rounds are tightly concentrated near the middle of the window: dates run from 2024-08-27 (Omnisient, Series A, $8M) to 2025-11-20 (Plentify, undisclosed), and many disclosed financings cluster in 2025 Q1–Q3. Sector-wise, Energy is the most frequent category appearing in at least 3 entries (e.g., SolarSaver $60M on 2025-11-16; Wetility $28M on 2025-06-18; Etana Energy $100M on 2024-12-04; Grid Africa $3M on 2024-10-15). Stage and disclosure skew toward “undisclosed/Series Unknown”: there are 13 rows marked undisclosed and additional rows tagged “Series Unknown,” so disclosed amounts and named stages often diverge.

Most recent rounds

50 shown
P
Plentify
Cape Town, South Africa · Energy
Series A · Nov 2025
Undisclosed
S
SolarSaver
Bryanston, South Africa · Energy
Private Equity · Nov 2025
$60M
V
Volarem
Johannesburg, South Africa · Real Estate, Finance, Agriculture, Energy
Pre-Seed · Nov 2025
$1.0M
C
Cape Winelands Airport
Cape Town, South Africa · Aviation, Logistics, Travel
Venture - Series Unknown · Oct 2025
Undisclosed
A
Ahana
Johannesburg, South Africa · Information Technology, Telecommunications, Marketing
Pre-Seed · Oct 2025
$2.5M
3
36ONE Asset Management
Johannesburg, South Africa · Investing, Finance
Private Equity · Oct 2025
Undisclosed
P
Pura Soda
Cape Town, South Africa · Food and Beverage, Consumer Goods
Venture - Series Unknown · Oct 2025
$15M
L
Lov.Cash
Cape Town, South Africa · FinTech, Finance, Blockchain, E-commerce, Supply Chain
Seed · Sep 2025
$250k
C
Contactable
Centurion, South Africa · Cyber Security
Private Equity · Sep 2025
$14M
F
Float
Johannesburg, South Africa · Commerce and Shopping
Seed · Sep 2025
$2.6M
A
Alignd
Cape Town, South Africa · Healthcare
Venture - Series Unknown · Sep 2025
Undisclosed
T
Tekton
Cape Town, South Africa · Transportation
Series Unknown · Aug 2025
$20k
T
TurnStay
Cape Town, South Africa · Financial Services
Seed · Aug 2025
$1.9M
A
Akili AI
Cape Town, South Africa · Artificial Intelligence (AI)
Pre-Seed · Jul 2025
Undisclosed
M
MoneyBadger
Stellenbosch, South Africa · Apps
Pre-Seed · Jul 2025
$400k
S
Sticitt
Somerset West, South Africa · Financial Services
Series A · Jul 2025
Undisclosed
W
Wetility
Johannesburg, South Africa · Energy
Series Unknown · Jun 2025
$28M
O
Open Access Energy
Cape Town, South Africa · Energy
Seed · Jun 2025
$1.8M
N
Nile.ag
Centurion, South Africa · Agriculture and Farming
Series A · Jun 2025
$11M
W
WeThinkCode_
Johannesburg, South Africa · Consumer Electronics
Series Unknown · Jun 2025
$2.0M
A
AURA
Johannesburg, South Africa · Information Technology
Series B · May 2025
$15M
I
Impulse Biomedical
Cape Town, South Africa · Health Care
Series Unknown · May 2025
Undisclosed
D
DigiSquad
Johannesburg, South Africa · Financial Services
Series Unknown · Apr 2025
Undisclosed
P
PsyLabs
Cape Town, South Africa · Health Care
Series Unknown · Apr 2025
$500k
S
Stitch
Cape Town, South Africa · Financial Services
Series B · Apr 2025
$55M
J
Jem
Cape Town, South Africa · Administrative Services
Series Unknown · Mar 2025
$1.6M
I
Ivorypay
Gauteng, South Africa · Blockchain and Cryptocurrency
Series Unknown · Mar 2025
Undisclosed
P
Pele Energy Group
Johannesburg, South Africa · Energy
Series Unknown · Mar 2025
$31M
K
KHULA!
Johannesburg, South Africa · Agriculture and Farming
Series A · Mar 2025
$6.8M
R
Rode Publications & Media
Cape Town, South Africa · Professional Services
Series Unknown · Feb 2025
Undisclosed
N
NjiaPay
Johannesburg, South Africa · Financial Services
Pre-Seed · Jan 2025
$1.0M
E
Enko Education
Johannesburg, South Africa · Education
Series Unknown · Jan 2025
$24M
N
Naked Insurance
Johannesburg, South Africa · Financial Services
Series B · Jan 2025
$38M
F
Faro
Cape Town, South Africa · Clothing and Apparel
Seed · Jan 2025
$6.0M
S
Sourcefin
Johannesburg, South Africa · Financial Services
Series Unknown · Dec 2024
$8.3M
T
TymeBank
Johannesburg, South Africa · Financial Services
Series D · Dec 2024
$250M
E
Etana Energy
Cape Town, South Africa · Energy
Series Unknown · Dec 2024
$100M
A
Aveade
Johannesburg, South Africa · Administrative Services
Series Unknown · Nov 2024
$50k
M
Mapha
Johannesburg, South Africa · Administrative Services
Series Unknown · Nov 2024
$50k
T
The African Climate Foundation
Cape Town, South Africa · Agriculture and Farming
Series Unknown · Nov 2024
$2.1M
E
Energenic Holdings
Gauteng, South Africa · Energy
Series Unknown · Nov 2024
$4.8M
A
Abalobi
Cape Town, South Africa · Apps
Series Unknown · Nov 2024
$250k
P
Pargo
Cape Town, South Africa · Administrative Services
Series Unknown · Oct 2024
$4.0M
G
GoMetro
Cape Town, South Africa · Apps
Series Unknown · Oct 2024
$190k
G
Grid Africa
Bryanston, South Africa · Energy
Series Unknown · Oct 2024
$2.8M
T
TUNL
Cape Town, South Africa · Transportation
Seed · Oct 2024
Undisclosed
S
Syked
Centurion, South Africa · Health Care
Series Unknown · Oct 2024
Undisclosed
W
WiSolar
Johannesburg, South Africa · Energy
Series Unknown · Sep 2024
$9.0M
H
Happy Pay
Cape Town, South Africa · Commerce and Shopping
Pre-Seed · Sep 2024
$1.8M
O
Omnisient | Collaborative Consumer Intelligence
Cape Town, South Africa · Data and Analytics
Series A · Aug 2024
$7.5M

Related listings

Frequently asked

Which disclosed round is the size outlier in this South Africa feed, and what does it look like versus the rest?

TymeBank’s $250M Series D on 2024-12-17 is the only disclosed round above $100M; Etana Energy’s $100M on 2024-12-04 is the next-largest disclosed amount, while other large disclosed raises like Naked Insurance’s $38M (2025-01-21) sit well below TymeBank.

How extreme are the disclosed amount tails (smallest vs next set) in the recent 50 rows?

The smallest disclosed amount is Tekton’s $20K on 2025-08-05; nearby low points include $50K rounds from Aveade (2024-11-18) and Mapha (2024-11-18), while many disclosed rounds cluster in the hundreds of thousands to tens of millions (e.g., Lov.Cash $250K on 2025-09-29; WiSolar $9M on 2024-09-26).

Do the rounds cluster in time, and what are the temporal edges of the dataset shown?

The displayed window runs from 2024-08-27 (Omnisient, $8M) to 2025-11-20 (Plentify, undisclosed). Within that, multiple disclosed financings appear repeatedly across 2025, with several high-$M rounds concentrated in 2025 Q1–Q3 (e.g., Stitch $55M on 2025-04-11; AURA $15M on 2025-05-16; Enko Education $24M on 2025-01-22).

Which sectors appear often enough to form a pattern, and how does that show up in big rounds?

Energy is the clearest recurring sector (SolarSaver $60M on 2025-11-16; Wetility $28M on 2025-06-18; Etana Energy $100M on 2024-12-04; Grid Africa $3M on 2024-10-15). Healthcare and Financial Services also recur, but the strongest “repeat” signal from the listing is Energy.

Is stage/disclosure labeling consistent, or are there enough “undisclosed/Series Unknown” entries to affect analysis?

Disclosure is uneven: 13 rows are explicitly “undisclosed” (e.g., Plentify on 2025-11-20; Cape Winelands Airport on 2025-10-18; Akili AI on 2025-07-15), and several others use “Series Unknown” even when an amount is present (e.g., Cape Winelands Airport is undisclosed, while Tekton shows $20K with “Series Unknown”).

Which city shows up as a practical hub location across multiple deals in this list?

Cape Town appears repeatedly as the headquarters city across different sectors and deal sizes, including Pura Soda ($15M, 2025-10-02), Ahana ($3M, 2025-10-11), AURA’s listing in Johannesburg (not Cape Town) but other Cape Town entries like Open Access Energy ($2M, 2025-06-17) and Omnisient ($8M, 2024-08-27). Johannesburg also recurs often (e.g., TymeBank $250M on 2024-12-17; Naked Insurance $38M on 2025-01-21; SolarSaver is listed in Bryanston).

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