Funding
Every African startup raise we track — who raised, how much, what stage, and who backed them.
91deals · last 90 days
$22.9Bdisclosed capital tracked
The Deal Tracker
StartupAmountStageSectorInvestorsDate
AbTxFrance€1.7MSeedHealthtech—20 SeptAeonNigeria$1MPre-seedCybersecurityTerra Industries20 SeptBekiaEgypt$765KSeedCleantech—18 SeptMadica portfolio (five startups)Algeria$200KPre-seedMulti-sectorMadica18 SeptSynapse AnalyticsEgypt$13MSeries AFintech—18 SeptBiochar Industrial Group$1.5MPre-seedCleantech—18 SeptAeonNigeria$1MPre-seedCybersecurityTerra Industries, Olugbenga Agboola (Flutterwave CEO)18 SeptBiochar Industrial Group (BIG)Kenya$1.5MPre-seedAgritech—18 SeptTemporal$550MSeries CAI InfrastructureLightspeed, Wellington Management, Goldman Sachs Alternatives16 SeptWatuKenya$7MDebtFintechAHL Venture Partners15 SeptTwiga FoodsKenyaUndisclosed—Agritech—15 SeptShipAfricaNigeriaUndisclosedUndisclosedLogisticsPigee15 SeptMotif AIUnited StatesUndisclosedUndisclosedArtificial Intelligence—13 SeptMooveNigeria$364.1M (ecosystem total)GrowthFintech—13 SeptARC RideKenya$33.3MGrowthElectric Mobility—13 SeptGrindstone VenturesSouth AfricaR500MGrowthVenture Capital—13 SeptDangote Petroleum Refinery and Petrochemicals FZENigeria₦2.15trn (~$1.4B)GrowthEnergy—13 SeptBannerman EnergyNamibia~$82MGrowthEnergyCNNC Overseas11 SeptiDICE Startup Bridge – Founders Lab Cohort 1 (50 startups)Nigeria₦330MGrantStartup EcosystemBank of Industry (BOI), African Development Bank (AfDB), Agence Française de Développement (AFD), Islamic Development Bank (IsDB), Federal Government of Nigeria8 SeptTolaramNigeria$51MDebtConsumer Goods—5 SeptDangote Petroleum RefineryNigeria$1.5BGrowthEnergy—5 SeptTrade Lenda and AirSmatNigeria$450KPre-seedFintechVillage Capital5 SeptWIOCC GroupPan-Africa$300MGrowthDigital InfrastructureAfrica Finance Corporation (AFC), Vision International Investment Company (Vision Invest)4 SeptCascador ScaleUp cohort (10 Nigerian startups)NigeriaUndisclosedGrowthMulti-sectorCascador4 SeptHubXTurkey$75MSeries ASaaS—4 SeptNombaNigeria$3MDebtFintechCardinalStone Finance Company Limited4 SeptChipMangoSouth Africa$1.9MSeedDeep Tech—2 SeptMamor CapitalSouth Africa$18.8MGrowthVenture Capital—2 SeptSecViteNigeriaUndisclosedPre-seedSoftware—31 AugLiskUndisclosed—Web3—28 AugVentures PlatformNigeria$84MGrowthVenture CapitalEBRD (European Bank for Reconstruction and Development)27 AugVentures PlatformNigeria$84MGrowthVenture Capital—27 AugThriveAgricNigeria$3.93MDebtAgritechY Combinator (prior backer)27 AugVerascientSouth Africa$1.2MUndisclosedHRtech—26 AugLagos Angel NetworkNigeriaUndisclosedUndisclosedFintech—26 AugPouchersNigeria$500KPre-seedFintechStack Directory LLC24 AugBanxsoSouth AfricaUndisclosed—Fintech—22 AugStarcloud / Muon Space$250M eachUndisclosedDeep Tech—22 AugBank of Industry (BOI)Nigeria₦250bnDebtDevelopment Finance—20 AugEliseAIUnited StatesUndisclosedGrowthProptech—19 AugTerra IndustriesNigeria$52MSeedDefense Tech—19 AugFirst HoldCoNigeria$15.2MGrowthFintechFemi Otedola (via Calvados Global Services Limited)19 AugTerra IndustriesNigeria$52MSeedDefence-tech8VC, Silent Ventures, Nova Global, Belief Capital, SV Angel, Norleo Space Investments, Grant Gordon19 AugJemSouth Africa$8.4MSeries AHRtech—19 AugTerra IndustriesNigeria$18MSeedDefence-tech—18 AugTerra IndustriesNigeria$52M (total seed round); $18M extensionSeedDefence Tech—18 AugMooveNigeria$2.1B (valuation)GrowthFintech—15 AugNaran$10MUndisclosedFintechLandel14 AugTurnStaySouth AfricaUndisclosedUndisclosedFintech—13 AugUndisclosed South African travel pay startupSouth AfricaUndisclosedUndisclosedFintech—13 AugJumiaNigeria$50MGrowthE-commerceIFC (International Finance Corporation), Axian13 AugMoment$22MUndisclosedFintech—11 AugYellow CardNigeria$40MGrowthFintech—11 AugVerifiedNigeria$5.3MUndisclosedFintech—11 AugPeach CarsKenya$3.7MDebtAutomotiveTokyo State Lenders11 AugFirst HoldCo (FirstBank Nigeria)Nigeria~$300M (2026 purchases); ~$460M totalGrowthFintechFemi Otedola (via Calvados Global Services)9 AugYellow Card / Moment / NalaNigeria$122M+ combinedGrowthFintechCanal+, Polychain Capital, Valar Ventures7 AugMooveNigeria$250MSeries CFintech—7 AugCoronation Insurance / Coronation Life AssuranceNigeria₦9.2BGrowthInsurance—7 AugStandard BankSouth AfricaR5.4bnDebtFintechAfrican Development Bank7 Aug