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Thunder Code
AI-solutions startup transforming software testing through automation.
SeedJun 2025TN
Yola Fresh
Supply chain and logistics tech startup revolutionizing agricultural operations across Africa.
Series AApr 2025MA
Djamo
Neobank offering banking alternatives to individuals and businesses in Francophone Africa.
UndisclosedApr 2025CI
Dabchy
P2P fashion resale marketplace for buying and selling second-hand clothing and accessories.
Series AFeb 2025TN
LAfricaMobile
Cloud communication infrastructure enabling businesses to connect with customers via mobile technologies.
Series AJun 2024SN
Maka
African-focused fashion and beauty e-commerce platform.
Pre-seedDec 2023NG
Susu
Susu offers a 360° digital platform with health services and financing models.
UndisclosedDec 2023CI
StarNews Mobile
Connects African content creators to mobile users, providing monetization avenues.
Series ANov 2023
Fleeti
SaaS platform using data analysis and AI for fleet management.
SeedMar 2023SN
Funding activities have slowed significantly as we approach the midpoint of the year. So far in June, only four African-focused startups have announced funding engagements, suggesting a cautious investment climate amid broader market uncertainties. Nevertheless, the deals that were recorded reflect the resilience and innovation still present in the ecosystem. Expectedly, they included some of […]
AU-Startups·6/10/2025
According to data published by 54collective, about 1 in 5 startups fail within their first year of operation, and 50% don’t make it past five years. These sobering statistics highlight just how difficult it is for startups to survive in their formative years; Even more so in the African tech ecosystem, where volatile economies, infrastructure […]
AU-Startups·4/9/2025
It’s just the first week of April and Q2 2025, and the activities were a bit disappointing as only one startup funding was announced throughout the week. Of course, it’s only the first week and there’s no cause for alarm yet. We expect the activities to pick up in the coming weeks. Nevertheless, while startup […]
AU-Startups·4/4/2025
Funding activities in the African startup ecosystem slowed down for the first time since the second week of January this year. We only recorded two funding announcements featuring two North African startup companies. However, while startup funding activity was slower this week, the ecosystem remained dynamic with significant acquisition moves. In this edition, we cover […]
AU-Startups·2/21/2025
This week’s Ecosystem Insider issue features different interesting funding activities. South African biotechnology startup Immobazyme secured $1.3 million through the help of UTF. Telecommunications company, LAfricaMobile also raised $4.6 million from multiple VCs and angel investors. Elsewhere, Nigerian fintech, Regxta emerged as the winner of the $10k prize money at Tech Circle’s pitch2win competition. Funding […]
AU Startups·6/26/2024
Last week was somewhat unremarkable in the African startup funding scenes. Only one funding deal involving Moroccan startup, Yola Fresh made the news, reflecting the recent state of the market as investment activities have become significantly slower in the past few weeks. Funding Yola Fresh Funding round: Pre-Series A ($7 Million) Investors: Algebra Ventures, E3 […]
AU Startups·6/4/2024
We had more investors than startups and founders in action last week. At least twenty companies and individuals participated in five funding rounds. South African Proptech Divercity had the highest funding, raising just a little below $30 Million, Copier Global came close with $20 Million in funding; Maka and Tunl both raised Pre-seed funding of […]
AU Startups·12/18/2023
Last week saw a number of interesting funding activities in the African startup ecosystem. Egyptian startup Almouneer, secured Seed funding of $3.6 Million, Ora Tech raised $1 Million, and StarNews Mobile also secured $3 Million in a Pre-Series A round featuring investments from Football stars. Funding Ora Technologies Funding round: Pre-Seed ($1 Million) Investors: Undisclosed […]
AU Startups·11/6/2023
Last week, we recorded four funding rounds, with Francophone Africa taking the spotlight. Startups from Morocco, Guinea, Senegal, and Nigeria raised funds. Seed Fleeti, a Senegalese fleet management startup, has received seed funding of $3.1 million (€3 million) from Newfund, Janngo Capital, PG Dev, and Proparco. Founded in 2020 by Iban Olçomendy and Gabriel Delerue, […]
AU Startups·3/6/2023
100 Ventures
100 Ventures is an Egyptian venture capital firm that participated in a seed round for Glamera, an Egypt-born SaaS startup providing B2B services to beauty and lifestyle service providers and a B2C marketplace for consumers to find and book sessions with such providers. The funding will be used to continue developing and launching new services, as well as expanding into additional GCC markets.
1984 Ventures
1984 Ventures invests in early-stage startups, as evidenced by their participation in pre-seed and seed rounds. They co-invested in Sylndr's $12M pre-seed round. The firm appears to be sector-agnostic, with investments spanning e-commerce, automotive marketplaces, and other industries within the African tech ecosystem.
212
212 invests in companies like Flow48, a fintech company that leverages AI-powered data analytics and risk assessment to provide alternative financing solutions for SMEs across emerging markets. Through its platform, the company offers revenue-based financing and embedded finance solutions, allowing businesses to access capital without diluting ownership.
212Founders programme
212Founders is an accelerator program that invests in early-stage startups. They provide resources and mentorship to help startups grow and scale their businesses. They invested in Crealo, a copyright management solution for cultural and creative institutions.
