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HomeListsTop Funded South Africa Startups of 2020
Startup List
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Updated Feb 16, 2026

Top Funded South Africa Startups of 2020

Ranked by total funding announced in 2020 (USD).

S
Curated by StartupList Africa
Total Funding
$575M
Avg Valuation
$0
Companies
25
Investors
188

Market Map

25 companies in this list

RankCompanyHQ LocationStageLast RoundTotal FundingBackers
1
dLocal
dLocaldLocal enables global merchants to accept and send payments across emerging markets via one API.
Cape Town, South AfricaPost-IPO SecondarySeptember 2025$200M9
2
SA Taxi
SA TaxiSA Taxi is a vertically integrated company servicing the minibus taxi industry.
Midrand, South AfricaDebt FinancingMay 2020$100M2
3
JUMO
JUMOJUMO is a technology platform, developed for building and running financial services.
Cape Town, South AfricaEarly Stage VentureNovember 2025$55M15
4
Go1
Go1Go1 is a South African eLearning startup which offers digital learning for entire workforce.
Johannesburg, South AfricaLate Stage VentureJune 2021$40M25
5
Net1 UEPS Technologies Inc
Net1 UEPS Technologies IncNet1 is the leading provider of secure and affordable transaction channels between formal business and un-banked and under-banked
Johannesburg, South AfricaPost-IPO EquityApril 2020$35M1
6
Skynamo
SkynamoSkynamo is a field sales management and productivity app that provides real-time customer, stock, and sales information.
Stellenbosch, South AfricaEarly Stage VentureApril 2021$30M1
7
Aerobotics
AeroboticsAerobotics is a data analytics company, using aerial imagery and machine learning algorithms to help farmers identify pest and disease early
Cape Town, South AfricaSeries BJanuary 2021$22M15
8
Planet42
Planet42Access to mobility for the underbanked
Johannesburg, South AfricaSeedFebruary 2023$14M12
9
Mettle
MettleMettle.net is a specialist financial services company.
Cape Town, South AfricaDebt FinancingJanuary 2020$10M2
10
Crossfin Technology Holdings
Crossfin Technology HoldingsCrossfin invests in high growth businesses, offering investors a blended exposure to technology investments in Fintech.
Cape Town, South AfricaEarly Stage VentureOctober 2020$10M5
11
WhereIsMyTransport
WhereIsMyTransportWhereIsMyTransport is a big data platform for sustainable mobility in emerging markets; empowering people everywhere to get where they want to go.
Cape Town, South AfricaEarly Stage VentureJune 2021$8M16
12
CredoLab
CredoLabCredoLab is a FinTech platform that develops bank-grade digital scorecards built on mobile device data.
Cape Town, South AfricaEarly Stage VentureAugust 2020$7M6
13
Valenture Institute
Valenture InstituteValenture Institute is a private online high school that equips students with the skills and courage to drive social change for a sustainable future.
Cape Town, South AfricaVentureSeptember 2020$7M1
14
DataProphet
DataProphetDataProphet is a leading global AI provider for Industry 4.0, improving quality and yield in manufacturing
Cape Town, South AfricaEarly Stage VentureAugust 2022$6M4
15
ProfitShare Partners
ProfitShare PartnersProfitShare Partners utilises tech to fast-track SME performance and delivery through its profit-sharing business model.
Johannesburg, South AfricaDebt FinancingJuly 2020$6M2
16
RunwaySale
RunwaySaleRunways sales is an online fashion retailer
Wood Stock, South AfricaVentureMay 2020$6M1
17
VALR
VALRVALR bridges the gap between our traditional financial system and the new world of cryptocurrencies.
Johannesburg, South AfricaEarly Stage VentureFebruary 2022$3M15
18
The Sun Exchange
The Sun ExchangeThe Sun Exchange is a blockchain based solar panel micro-leasing marketplace that enables anyone anywhere to own and earn from solar panels.
Cape Town, South AfricaConvertible NoteSeptember 2021$3M9
19
The Student Hub
The Student HubThe Student Hub is Africa’s 1st end to end Platform for skills Development and Job creation
Cape Town, South AfricaSeedNovember 2020$3M4
20
Carry1st
Carry1stCarry1st leverages mobile technology to delight consumers and empower small businesses across Africa
Cape Town, South AfricaVentureJanuary 2024$3M22
21
Mobiz
MobizMobiz is an easy-to-use and highly intuitive mobile marketing tool that allows businesses to engage with their customers
Cape Town, South AfricaSeedNovember 2021$2M9
22
FinChatBot
FinChatBotFinChatBot develops conversational AI Solutions for The Financial Services Industry
Johannesburg, South AfricaSeedApril 2020$2M3
23
Zulzi
ZulziZulzi provides a same-day grocery delivery and pickup service, bringing fresh groceries and everyday essentials.
Johannesburg, South AfricaCorporateMay 2020$2M0
24
LightWare LiDAR
LightWare LiDARLightWare develops and distribute innovative laser rangefinder products for application across multiple industries
Midstream Estate, South AfricaVentureAugust 2020$2M1
25
swiftVEE
swiftVEEswiftVEE is a South African AgriTech startup with a platform that addresses water scarcity, food security, and market efficiency for the livestock sector
Cape Town, South AfricaEarly StageDecember 2025$2M8

Showing 25 of 25 companies