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Updated List of Top Recently Funded Startups in South Africa for 2024

Last update to database: October 28, 2024

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Exploring South Africa’s Best Funded Companies for 2024

Explore the latest developments in South Africa's dynamic startup ecosystem with our updated list of recently funded startups for 2024. As one of Africa’s leading tech and business hubs, South African companies across various industries are securing significant investments, positioning themselves for growth.


With new funding, many of these companoes may be expanding their teams to support their scaling efforts.


Our list is updated weekly to provide the most current insights into these businesses, including key funding rounds, major investors, and industry trends.


Whether you're an investor, entrepreneur, or job seeker, explore South Africa's top funded companies and stay informed about the exciting developments in the South African startup ecosystem.

Comprehensive Database of Recently Funded Companies in South Africa - Updated Weekly

Company Name
Website Industries Funding Amount (USD) Recent Funding Date Recent Funding Type Company Headquarters # Employees Company Description Top 5 Investors
Pargo http://www.pargo.co.za Delivery, Last Mile Trans... $4M October 24, 2024 Venture - Series Unknown Cape Town, NA - South Africa, South Africa 110 Pargo understands that pa... 3 Capital Ventures, Endea...
Grid Africa http://www.gridafrica.com Energy, Solar $3M October 15, 2024 Venture - Series Unknown Bryanston, NA - South Africa, South Africa 3 Grid Africa provides sola... Rifuwo Energy Partners
Happy Pay http://www.happypay.co.za Finance, Financial Servic... $2M September 17, 2024 Pre-Seed Cape Town, NA - South Africa, South Africa 17 Happy Pay is a payment pl... Equitable Ventures, Felix...
Omnisient http://www.omnisient.com Analytics, Big Data, FinT... $8M August 27, 2024 Series A Cape Town, NA - South Africa, South Africa 44 Omnisient is a Privacy En... Investec, Shoprite Holdin...
Open Access Energy http://www.openaccess.energy Renewable Energy, Softwar... $2M August 12, 2024 Seed Cape Town, NA - South Africa, South Africa 5 Open Access Energy provid... Factor[e] Ventures
TurnStay http://www.turnstay.com FinTech, Travel $300K July 15, 2024 Seed Cape Town, NA - South Africa, South Africa 2 TurnStay helps travel ind... Digital Currency Group, D...
PAIX Data Centres http://www.paix.io Telecommunications $30M July 03, 2024 Venture - Series Unknown Gauteng, NA - South Africa, South Africa 66 PAIX data centres is a Pa... Africa50, Charlotte Lawre...
Orca Fraud http://www.orca-fraud.com Compliance, Fraud Detecti... $550K May 24, 2024 Pre-Seed Cape Town, NA - South Africa, South Africa 2 Africa's first fraud orch... Everywhere Ventures (The ...

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