Funded Startups in Tanzania
Across these 14 recent Tanzania rounds, the largest disclosed amount is Ubongo’s $128M in a “Series Unknown” round dated 2022-12-08, which dwarfs the next-…
Across these 14 recent Tanzania rounds, the largest disclosed amount is Ubongo’s $128M in a “Series Unknown” round dated 2022-12-08, which dwarfs the next-largest disclosed figures ($130M for CRDB Bank is the next highest, but among early-stage/venture-like entries the $128M is the clear standout). Multiple rounds cluster around Dar Es Salaam: 11 of 14 entries list Dar Es Salaam (with city variants like “Dar Es Salam” and “Dar es Salaam”), spanning education, financial services, and healthcare. The date window runs from 2021-06-08 (Sumet) through 2025-09-10 (Lugarawa Youth Foundation). Stage and disclosure are mixed: 7 of 14 rounds are either “undisclosed” or “Series Unknown,” while smaller disclosed checks appear frequently (e.g., Lugarawa Youth Foundation at $400K on 2025-09-10; Nala at $10M on 2022-01-27). Sector-wise, financial services recurs in 4 entries (FINCA Microfinance Bank, Mwalimu Nyerere Foundation is “Other” not counted; Credable, CRDB Bank, Nala, and FINCA Microfinance Bank).
Most recent rounds
14 shownRelated listings
Frequently asked
What is the biggest disclosed round in this Tanzania list, and is it an outlier versus other disclosed amounts?
Ubongo’s $128M on 2022-12-08 (“Series Unknown”) is the largest disclosed amount shown, and it sits far above most other disclosed checks in this view, which are often in the $2M–$10M range (for example: Lugarawa Youth Foundation $400K on 2025-09-10; East Africa Fruits $2M on 2024-02-09; Nala $10M on 2022-01-27).
How concentrated is the geography, given multiple “Dar Es Salaam” spellings?
Dar Es Salaam dominates: 11 of 14 entries are Dar Es Salaam (including “Dar Es Salam” and variants like “Dar es Salaam, Dar es Salaam” for Wassha and “Dar Es Salaam” for Ubongo, Ramani, CRDB Bank, and Nala). The remaining entries are spread across Njombe (Lugarawa Youth Foundation), Arusha (Lemitar), and a Masaki address (Credable and Mwalimu Nyerere Foundation still tied to Dar Es Salaam in the listing).
Are there a lot of rounds with missing or non-specific stage labels?
Yes. 4 of 14 rounds show “undisclosed” amounts (FINCA Microfinance Bank on 2024-11-12; Medikea Health on 2024-02-05; MipangoApp on 2023-03-08; Lemitar on 2022-12-23), and an additional 6 entries are labeled “Series Unknown” (e.g., Wassha 2025-08-15 at $2M; East Africa Fruits 2024-02-09 at $2M; Ubongo 2022-12-08 at $128M).
Which entries fall closest to the most recent 90 days in this dataset?
Using the latest date shown (2025-09-10, Lugarawa Youth Foundation), only one entry falls within the prior 90 days: Wassha on 2025-08-15 (Series Unknown) for $2M. The other listed rounds jump back to 2024-11-12 for FINCA Microfinance Bank (undisclosed).
What stage mix shows up most often among the labeled rounds with disclosed amounts?
Seed and pre-seed appear repeatedly among disclosed amounts: Lugarawa Youth Foundation is Pre-Seed at $400K (2025-09-10), and Nala is Seed at $10M (2022-01-27), while Credable is Seed at $3M (2023-03-20). By contrast, the two clearly labeled large-ticket categories are CRDB Bank’s Debt Financing for $130M (2022-09-16) and Ramani’s Series A for $32M (2022-11-23).
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