Updated List of Top Recently Funded Startups in Africa for 2025
Last update to database: May 19, 2025
Exploring Africa’s Best Funded Companies for 2025
Explore the latest advancements in Africa’s fast-growing startup ecosystem with our updated list of recently funded startups for 2025. As one of the most dynamic and diverse regions for innovation, Africa is home to a vibrant array of startups securing significant investments across various industries. These investments are driving growth in sectors such as fintech, agriculture, health tech, and renewable energy.
Our list is updated weekly to provide the most current insights into emerging businesses across the continent, covering key funding rounds, major investors, and important industry trends.
Whether you’re an investor, entrepreneur, or stakeholder in the startup ecosystem, explore Africa’s top funded companies and discover the opportunities shaping the future of the region.
Subscribe to Unlock The Latest Funded Startups
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Updated List of Top Recently Funded Startups in Africa for 2025
Last update to database: May 19, 2025
Subscribe to Unlock The Latest Funded Startups
Get Started FreeConnect with founders and decision-makers at recently funded startups. Subscribe to unlock full company and contact data.
Exploring Africa’s Best Funded Companies for 2025
Explore the latest advancements in Africa’s fast-growing startup ecosystem with our updated list of recently funded startups for 2025. As one of the most dynamic and diverse regions for innovation, Africa is home to a vibrant array of startups securing significant investments across various industries. These investments are driving growth in sectors such as fintech, agriculture, health tech, and renewable energy.
Our list is updated weekly to provide the most current insights into emerging businesses across the continent, covering key funding rounds, major investors, and important industry trends.
Whether you’re an investor, entrepreneur, or stakeholder in the startup ecosystem, explore Africa’s top funded companies and discover the opportunities shaping the future of the region.
Comprehensive Database of Recently Funded Companies in Africa - Updated Weekly
This data is delayed by 4 weeks. Subscribe for instant access to real-time funding rounds and contact data.
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Company Name
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Industries | Funding Amount (USD) | Recent Funding Date | Recent Funding Type | Company Headquarters | # Employees | Company Description | Top 5 Investors | Currently Hiring |
|---|---|---|---|---|---|---|---|---|---|
| PsyLabs | Health Care, Pharmaceutic... | $500K Subscribe to Unlock | April 2025 | Corporate Round | Cape Town, NA - South Africa, South Africa | 7 | Licensed producer and exp... | Psyence Biomedical | Subscribe to Unlock |
| Arnergy | Energy & Sustainability | $15M Subscribe to Unlock | April 2025 | Series B | Lagos, Lagos, Nigeria | 120 | IoT‑enabled distributed s... | Breakthrough Energy Ventu... | Subscribe to Unlock |
| Purple Elephant Ventures | Venture Capital & Startup... | $500K Subscribe to Unlock | April 2025 | Seed | Nairobi, Nairobi Area, Kenya | 21 | Venture studio launching ... | Untours Foundation, Klist... | Subscribe to Unlock |
| Djamo | Mobile & Web Applications... | $17M Subscribe to Unlock | April 2025 | Venture - Series Unknown | Abidjan, Lagunes, Côte d'Ivoire | 240 | Financial application let... | Y Combinator, Norrsken VC... | Subscribe to Unlock |
| InfiniLink | Search Engine Marketing, ... | $10M Subscribe to Unlock | March 2025 | Seed | Cairo, Al Qahirah, Egypt | 44 | Semiconductor startup pro... | M Empire Angels, MediaTek... | Subscribe to Unlock |
| Sumet | E-Commerce & Retail, Cons... | $2M Subscribe to Unlock | March 2025 | Pre-Seed | Dar es Salaam, Dar es Salaam, Tanzania | 28 | Transforms FMCG market en... | Seedstars, African Busine... | Subscribe to Unlock |
| Trade Shield | Artificial Intelligence, ... | $822K Subscribe to Unlock | March 2025 | Seed | Sandton, Gauteng, South Africa | 42 | Tech venture specializing... | Vumela Fund | Subscribe to Unlock |
| enza | Financial Services, Payme... | $7M Subscribe to Unlock | March 2025 | Seed | Cairo, Cairo Governorate, Egypt | 59 | Delivers advanced payment... | Quona Capital, Algebra Ve... | Subscribe to Unlock |
| Sedibelo Resources | Mining Industry, Precious... | $3M Subscribe to Unlock | March 2025 | Venture - Series Unknown | Centurion, NA - South Africa, South Africa | 31 | Producer of platinum grou... | Smedvig, African Lion Ltd | Subscribe to Unlock |
| Pele Energy Group | Energy & Sustainability, ... | $31M Subscribe to Unlock | March 2025 | Private Equity | Johannesburg, NA - South Africa, South Africa | 45 | Renewable energy infrastr... | Industrial Development Co... | Subscribe to Unlock |
| Khula | Agriculture & Farming, Ag... | $7M Subscribe to Unlock | March 2025 | Series A | Johannesburg, NA - South Africa, South Africa | 44 | Software and mobile marke... | Kgodiso Fund, Google for ... | Subscribe to Unlock |
| Qme | Artificial Intelligence, ... | $3M Subscribe to Unlock | February 2025 | Seed | Cairo, Al Qahirah, Egypt | 2 | AI-based digital queuing ... | AHOY Holding, Falak Start... | Subscribe to Unlock |
| Medikea | Health Care | $200K Subscribe to Unlock | February 2025 | Pre-Seed | Dar Es Salaam, Dar es Salaam, Tanzania | 18 | Digital healthcare compan... | Catalyst Fund, Baobab Net... | Subscribe to Unlock |
| Khazna | Mobile & Web Applications... | $16M Subscribe to Unlock | February 2025 | Series A | Cairo, Al Qahirah, Egypt | 380 | Financial super app offer... | Village Capital, Shorooq ... | Subscribe to Unlock |
| EasyBank | Financial Services, Payme... | $372K Subscribe to Unlock | February 2025 | Seed | Hammam Sousse, Sousse, Tunisia | 9 | Financial services provid... | Subscribe to Unlock | |
| NjiaPay | Payments & FinTech, Mobil... | $1M Subscribe to Unlock | January 2025 | Pre-Seed | Johannesburg, NA - South Africa, South Africa | 5 | Payments-as-a-Service pro... | HAVAÍC | Subscribe to Unlock |
| Furaha Financial | Financial Services, Payme... | $10M Subscribe to Unlock | January 2025 | Venture - Series Unknown | Kampala, Kampala, Uganda | 9 | Financial technology comp... | SC Ventures, Yabx Technol... | Subscribe to Unlock |
| Enko Education | EdTech, Media & Content P... | $24M Subscribe to Unlock | January 2025 | Venture - Series Unknown | Johannesburg, NA - South Africa, South Africa | 410 | Africa-wide network of in... | Oikocredit International,... | Subscribe to Unlock |
| Naked | Financial Services, Insur... | $38M Subscribe to Unlock | January 2025 | Series B | Johannesburg, NA - South Africa, South Africa | 150 | South African insurtech s... | International Finance Cor... | Subscribe to Unlock |
| SeamlessHR | HR & Staffing, Artificial... | $9M Subscribe to Unlock | January 2025 | Series A | Ikeja, Lagos, Nigeria | 240 | End-to-end cloud-based HR... | Bill & Melinda Gates Foun... | Subscribe to Unlock |
| Faro | Fashion & Apparel, E-Comm... | $6M Subscribe to Unlock | January 2025 | Seed | Cape Town, NA - South Africa, South Africa | 26 | Provides inexpensive appa... | Jean-Paul Zammitt, Daniel... | Subscribe to Unlock |
| The Awareness Company | Data & Analytics | $2M Subscribe to Unlock | January 2025 | Seed | Johannesburg, NA - South Africa, South Africa | 5 | Uses data to tell stories... | Holocene, Microsoft, Cata... | Subscribe to Unlock |
| Sourcefin | Financial Services, Ventu... | $8M Subscribe to Unlock | December 2024 | Private Equity | Johannesburg, NA - South Africa, South Africa | 32 | Financial service company... | Futuregrowth Asset Manage... | Subscribe to Unlock |
| Sturdee Energy | Energy & Sustainability | $44M Subscribe to Unlock | December 2024 | Undisclosed | Johannesburg, NA - South Africa, South Africa | 8 | Develops and operates ren... | Swedfund International, I... | Subscribe to Unlock |
| Hub2 | Financial Services | $9M Subscribe to Unlock | December 2024 | Series A | Port Louis Town, Port Louis, Mauritius | 26 | Payments digitalization p... | Bpifrance, Digital Curren... | Subscribe to Unlock |
| ariika | E-Commerce & Retail, Cons... | $3M Subscribe to Unlock | November 2024 | Series A | Cairo, Al Qahirah, Egypt | 82 | Is a direct-to-consumer d... | Beltone Venture Capital, ... | Subscribe to Unlock |
| Socium | HR & Staffing, IT & Commu... | $5M Subscribe to Unlock | November 2024 | Seed | Dakar, Dakar, Senegal | 43 | HR-tech company providing... | SuperCapital, Kima Ventur... | Subscribe to Unlock |
| Amenli | Insurance | $2M Subscribe to Unlock | November 2024 | Seed | Cairo, Al Qahirah, Egypt | 66 | First licensed online ins... | European Bank for Reconst... | Subscribe to Unlock |
| InfraCredit | Financial Services | $30M Subscribe to Unlock | November 2024 | Venture - Series Unknown | Lagos, Lagos, Nigeria | 63 | Providing local currency ... | African Development Bank,... | Subscribe to Unlock |
| GlobalCorp- | Credit, Financial Service... | $26M Subscribe to Unlock | November 2024 | Undisclosed | Cairo, Al Qahirah, Egypt | 160 | Provides a complete range... | Subscribe to Unlock | |
| Energenic Holdings | Battery, Energy | $5M Subscribe to Unlock | November 2024 | Private Equity | Gauteng, NA - South Africa, South Africa | 28 | Specializes in power solu... | Sanari Capital | Subscribe to Unlock |
| Agventure Limited | Agriculture, AgTech, Farm... | $10M Subscribe to Unlock | November 2024 | Venture - Series Unknown | Meru, Eastern, Kenya | 59 | Agventure is a farmer-own... | AgDevCo | Subscribe to Unlock |
| Pargo | Delivery, Last Mile Trans... | $4M Subscribe to Unlock | October 2024 | Venture - Series Unknown | Cape Town, NA - South Africa, South Africa | 110 | Pargo understands that pa... | 3 Capital Ventures, Endea... | Subscribe to Unlock |
| BasiGo | Automotive, Electric Vehi... | $24M Subscribe to Unlock | October 2024 | Series A | Nairobi, Nairobi Area, Kenya | 87 | BasiGo is an e-mobility c... | United States Agency for ... | Subscribe to Unlock |
| Colis.ma | Logistics | $300K Subscribe to Unlock | October 2024 | Pre-Seed | Oujda, Oriental, Morocco | 3 | Colis.ma is the best way ... | Baobab Network, Orange Co... | Subscribe to Unlock |
| Lapaire | E-Commerce | $3M Subscribe to Unlock | October 2024 | Venture - Series Unknown | Nairobi, Nairobi Area, Kenya | 330 | Technology-enabled eye ca... | AfricInvest, Proparco, Sa... | Subscribe to Unlock |
| Octavia Carbon | Carbon Capture, Environme... | $4M Subscribe to Unlock | October 2024 | Seed | Nairobi, Nairobi Area, Kenya | 53 | Octavia Carbon is a Direc... | Renew Capital, Village Ca... | Subscribe to Unlock |
| Horizon Surgical | Artificial Intelligence (... | $30M Subscribe to Unlock | October 2024 | Series A | Malibu, California, United States | 34 | Horizon Surgical Systems ... | Main Street Advisors, ExS... | Subscribe to Unlock |
| Grid Africa | Energy, Solar | $3M Subscribe to Unlock | October 2024 | Venture - Series Unknown | Bryanston, NA - South Africa, South Africa | 3 | Grid Africa provides sola... | Rifuwo Energy Partners | Subscribe to Unlock |
| Rabbit Mobility | Electric Vehicle, Informa... | $1M Subscribe to Unlock | October 2024 | Venture - Series Unknown | Cairo, Al Qahirah, Egypt | 37 | Rabbit is a clean-tech tr... | 500 Global, Untapped Glob... | Subscribe to Unlock |
| Konnect | Financial Services, FinTe... | $1M Subscribe to Unlock | October 2024 | Seed | Tunis, Tunis, Tunisia | 11 | A cross-border payment so... | Flat6Labs, Founders Facto... | Subscribe to Unlock |
| Dhamana Guarantee Company | Credit, Financial Service... | $10M Subscribe to Unlock | September 2024 | Venture - Series Unknown | Nairobi, Nairobi Area, Kenya | 6 | Dhamana Guarantee operate... | African Development Bank,... | Subscribe to Unlock |
| KWIKS | Human Resources | $824K Subscribe to Unlock | September 2024 | Venture - Series Unknown | Sidi Maarouf, Grand Casablanca, Morocco | 30 | Kwiks is Artificial intel... | Azur Innovation Managemen... | Subscribe to Unlock |
| Settle Payments | Financial Services | $2M Subscribe to Unlock | September 2024 | Pre-Seed | Cairo, Al Qahirah, Egypt | 8 | SETTLE automates enterpri... | Shorooq Partners, Plus Ve... | Subscribe to Unlock |
| Happy Pay | Finance, Financial Servic... | $2M Subscribe to Unlock | September 2024 | Pre-Seed | Cape Town, NA - South Africa, South Africa | 17 | Happy Pay is a payment pl... | Equitable Ventures, Felix... | Subscribe to Unlock |
| Regfyl | Compliance, Fraud Detecti... | $1M Subscribe to Unlock | September 2024 | Pre-Seed | Lagos, Lagos, Nigeria | 1 | Regfyl platform for the w... | Africa Fintech Collective... | Subscribe to Unlock |
| REXIAL | Finance, Software | $424K Subscribe to Unlock | September 2024 | Seed | Kampala, Kampala, Uganda | 2 | REXIAL is automating dire... | Nordic Impact Funds | Subscribe to Unlock |
| chpter | Artificial Intelligence (... | $1M Subscribe to Unlock | September 2024 | Pre-Seed | Nairobi, Nairobi Area, Kenya | 20 | Chpter is an AI-driven co... | pani, Techstars, Renew Ca... | Subscribe to Unlock |
| Omnisient | Analytics, Big Data, FinT... | $8M Subscribe to Unlock | August 2024 | Series A | Cape Town, NA - South Africa, South Africa | 44 | Omnisient is a Privacy En... | Investec, Shoprite Holdin... | Subscribe to Unlock |
| Solarise Africa | Energy, Finance, Financia... | $36M Subscribe to Unlock | August 2024 | Private Equity | Ebène, Plaines Wilhems, Mauritius | 28 | Solarise Africa is a pan-... | Aster, Oikocredit Interna... | Subscribe to Unlock |
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