Recently Funded Startups in Uganda (Aug-2025)
Last Updated: 29-Aug-2025
Uganda’s startup ecosystem continues to show signs of resilience and growth, with a total of 12 startups currently tracked in the region. Despite the challenges faced by emerging markets, the hub is making strides, particularly in the financial services sector, which has emerged as a driver of innovation and investment. This month marks significant progress as startups in Uganda attract funding that not only fuels their growth but also exemplifies the increasing confidence of investors in the country’s entrepreneurial landscape.
In August 2025, a notable highlight for Uganda’s startups was the raising of $10 million, primarily concentrated in the financial services industry. The arrival of this capital is a vital boost for entrepreneurs, allowing them to scale their operations, enhance technology, and expand their market reach. As Uganda positions itself as a burgeoning tech hub, the excitement surrounding recent funding rounds encourages further investment and underscores the potential for startups to significantly impact both the local and broader African economies.
Funding Highlights
- Total startups tracked: 12
- Number of startups raised funding last year: 2
- Number of startups raised funding this year: 1
- Total funding raised this year so far: $10,000,000
- Largest deal: Furaha, Series Unknown, $10,000,000
- Top industries by funding amount: Financial Services – $10,000,000
- Top industries by number of deals this year: Financial Services – 1 deal
Full List of Recently Funded Startups in Uganda
| Company | City | Country | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| Furaha | Kampala | Uganda | Series Unknown | $10M | 2025-01-24 | Financial Services |
| REXIAL | Kampala | Uganda | Seed | $424.5K | 2024-09-11 | Financial Services |
| Level Africa | Kampala | Uganda | Angel | Undisclosed | 2024-02-19 | Financial Services |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Uganda?
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 many startups in Uganda were funded this year and last year?
This year 1 startup raised funding in Uganda so far; last year 2 startups raised funding. We track 12 startups in Uganda in total.
Q3. Which industries are trending among recently funded startups in Uganda?
Financial Services is the dominant industry this year, accounting for $10,000,000 in funding; no other industries had recorded deals in our database for this period.
Q4. How can I connect with these startups in Uganda?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
Q5. What was the largest funding deal in Uganda this year and how much total funding was raised?
The largest deal was Furaha (Series Unknown) at $10,000,000; total funding raised in Uganda this year so far is $10,000,000.
