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Rana Energy
Pre-seedOkt 2025NG
Folklore
Connects African fashion designers with global economic opportunities via a B2B e-commerce platform.
SeedApr 2024
Klas
Platform for tutors to create and sell courses, ebooks, and conduct live classes.
Pre-seedFeb 2024NG
MyCover.ai
Open insurance API enabling faster, affordable product distribution and integration.
Pre-seedJul 2023NG
Payday
SeedApr 2023
SmallSmall
Connects people to better living solutions in Africa with flexible rent payments.
SeedNov 2022NG
Duhqa
Duhqa provides last-mile supply chain and distribution technology for businesses in East Africa.
SeedJul 2022KE
We had a major upturn of events over the last week on the African funding scenes with capital flowing across multiple fronts. The funding rounds featured startups building financial access, clean energy, and enterprise software. Most notably, Kuunda, Chari, and Nanovate secured major rounds while Adenia Partners expanded its insurance footprint and FUNGUO grew its […]
AU-Startups·22/10/2025
This week, we saw fresh funding flow into energy, fintech, and climate tech startups across Africa, as investor confidence remains strong. Nigeria’s Arnergy secured a $15M Series B to scale clean energy solutions, while Vove ID and Octavia Carbon closed undisclosed rounds to drive innovation in digital identity and carbon removal tech. Meanwhile, Twiga Foods […]
AU-Startups·19/4/2025
Finding the perfect investor for your startup can be a game-changer, especially if you’re a first-time founder in Africa. Securing funding isn’t just about the money; it’s about finding a partner who believes in your vision, complements your skills, and adds value to your journey. This guide will help African founders, from first-timers to seasoned […]
AU Startups·26/1/2025
The African tech ecosystem has experienced unprecedented growth over the past decade. What was once seen as an emerging market is now firmly positioned as a hotbed of innovation, attracting a diverse range of investors from around the world. Startups across sectors such as fintech, health tech, agtech, logistics, mobility solutions, and edtech are addressing […]
AU Startups·26/10/2024
Last week was a busy one for several investors and startups in the African ecosystems. No less than seven funding rounds were recorded as Edtech company, LabLabee led the way with a seed round of $3.4m. Egyptian fintech, Settle Payments, secured a Pre-seed funding of $2m, South Africa’s Happy Pay also obtained $1.8m, while Nigerian […]
AU Startups·24/9/2024
There were four funding rounds in the African tech startup ecosystem last week. Most notably, Agri-insurance company Pula secured $20 Million in its series B funding round. B2B ecommerce platform provider, Folklore also secured seed funding of $3.4 Million while Mozambique’s Roscas and Egypt’s Potcast production had undisclosed funding. Funding Folklore Funding round: Seed ($3.4 […]
AU Startups·23/4/2024
We witnessed six funding deals in the African startup ecosystem last week. Nigerian Edtech, Klas, remarkably raised a pre-seed funding of $1 Million. Ghanaian tech talent startup, Remoteli, also secured $315,000 from pro footballer, Jeremie Frimpong, to scale their operations and launch the “Pathways Project ” for young footballers. The details of the other funding […]
AU Startups·13/2/2024
Last week was eventful, with ten funding deals announced, covering pre-seed rounds and multiple debt financing deals. Notably, two East African cleantech companies secured a combined $27.5 million in debt funding, with Rwandan female-focused ecommerce platform, Kasha’s $21 million Series being the most significant deal of the week. Funding Cayesh Funding round: Prize ($50,000) Investors: […]
AU Startups·24/7/2023
Last week, we recorded a total of eight funding rounds, and for the second consecutive issue, Cameroonian startups were featured in the newsletter. Additionally, Ghanaian startups were also represented, with Berry Health and Mazzuma making appearances in this week’s issue. Notably, in its third funding round within the past six months, Chari secured $1.5 million […]
AU Startups·3/7/2023
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.