HomeListsTop Funded South Africa Startups of 2024
Startup List
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Generated Feb 16, 2026

Top Funded South Africa Startups of 2024

Ranked by total funding announced in 2024 (USD).

Curated by StartupList Africa
Submit startup
2024 Funding
$762.3M
Avg Valuation
N/A
Companies
25
Backer relationships
146

Market Map

25 companies in this list

1
Cassava Technologies

Enabling social mobility and economic prosperity through technology in Africa.

HQ Location
Cape Town, South Africa
Stage
Expansion
Latest tracked round
October 2025
2024 Funding
$310M
Backers
9
2
TymeBank

TymeBank is a South African fully black-owned and controlled investment company.

HQ Location
Johannesburg, South Africa
Stage
Late Stage Venture
Latest tracked round
December 2024
2024 Funding
$259.5M
Backers
11
3
SolarAfrica Energy

SolarAfrica Energy is a South African Energy startup that provides simple sustainable solutions.

HQ Location
Gauteng, South Africa
Stage
Growth
Latest tracked round
January 2026
2024 Funding
$98.2M
Backers
2
4
Sturdee Energy

Sturdee Energy is a pan-African Independent Power Producer focused on renewable energy projects in Sub-Saharan Africa.

HQ Location
Johannesburg, South Africa
Stage
Funding Round
Latest tracked round
December 2024
2024 Funding
$44M
Backers
2
5
Sourcefin

Sourcefin is a leading tender and purchase order funding specialist, dedicated to empowering South African businesses.

HQ Location
Johannesburg, South Africa
Stage
Private Equity
Latest tracked round
December 2024
2024 Funding
$8.2M
Backers
1
6
Hohm Energy

Hohm helps homeowners and businesses to go solar with accredited solar installers, product suppliers and embedded solar finance.

HQ Location
Johannesburg, South Africa
Stage
Seed
Latest tracked round
February 2024
2024 Funding
$8M
Backers
12
7
Omnisient

Omnisient is an Information Technology platform that enables businesses to innovate and grow profitability through secure data sharing.

HQ Location
Cape Town, South Africa
Stage
Early Stage Venture
Latest tracked round
August 2024
2024 Funding
$7.5M
Backers
15
8
Insight Terra

Insight Terra provides real-time actionable insight into all your critical data.

HQ Location
Cape Town, South Africa
Stage
Early Stage Venture
Latest tracked round
January 2025
2024 Funding
$5.5M
Backers
7
9
OfferZen

OfferZen is a developer job marketplace where 1000+ SA and EU companies hire from a community of 100 000+ makers.

HQ Location
Cape Town, South Africa
Stage
Early Stage Venture
Latest tracked round
January 2024
2024 Funding
$4.3M
Backers
3
10
Sportable

Sportable delivers real-time smart ball and player tracking to revolutionize team sports analytics.

HQ Location
Cape Town, South Africa
Stage
Venture
Latest tracked round
September 2025
2024 Funding
$3.8M
Backers
2
11
Grid Africa

Grid Africa is a leader in solar energy solutions, dedicated to advancing the adoption of renewable energy across Africa.

HQ Location
Johannesburg, South Africa
Stage
Funding Round
Latest tracked round
October 2025
2024 Funding
$2.8M
Backers
1
12
Cue

Cue enables businesses to chat with their customers across channels online using Inbox and Chatbots

HQ Location
Cape Town, South Africa
Stage
Funding Round
Latest tracked round
July 2026
2024 Funding
$2M
Backers
2
13
Happy Pay

Happy Pay is pioneering responsible zero-interest payments.

HQ Location
Cape Town, South Africa
Stage
Early Stage
Latest tracked round
March 2026
2024 Funding
$1.8M
Backers
11
14
Open Access Energy

Open Access Energy is a software company whose vision is to open energy access to all.

HQ Location
Cape Town, South Africa
Stage
Seed
Latest tracked round
June 2025
2024 Funding
$1.5M
Backers
4
15
Talk360

Talk360 is the leading international voice calling app allowing affordable and reliable international calls to any offline landline or mobile phone.

HQ Location
Johannesburg, South Africa
Stage
Early Stage Venture
Latest tracked round
February 2026
2024 Funding
$1.4M
Backers
14
16
Immobazyme

Immobazyme utilises precision fermentation to produce high-value active protein ingredients.

HQ Location
Stellenbosch, South Africa
Stage
Early Stage
Latest tracked round
December 2025
2024 Funding
$1.3M
Backers
3
17
Flood

Flood enables telcos and banks to embed digital commerce, loyalty, and payments directly into their existing apps

HQ Location
Cape Town, South Africa
Stage
Seed
Latest tracked round
August 2025
2024 Funding
$1M
Backers
2
18
Orca Fraud

Orca is a South African fintech fraud prevention startup that empowers fraud fighters to outpace fraud using custom ML models.

HQ Location
Cape Town, South Africa
Stage
Early Stage
Latest tracked round
March 2026
2024 Funding
$550K
Backers
4
19
TurnStay

TurnStay thrives at the intersection of fintech and travel, championing hassle-free experiences in travel payments.

HQ Location
Cape Town, South Africa
Stage
Seed
Latest tracked round
August 2025
2024 Funding
$300K
Backers
8
20
NewForm Foods

NewForm Foods develops scalable cultivated meat platforms, enabling food producers with sustainable protein solutions.

HQ Location
Cape Town, South Africa
Stage
Early Stage
Latest tracked round
April 2024
2024 Funding
$200K
Backers
2
21
GoMetro

Empowering fleet operators worldwide with data-driven mobility solutions.

HQ Location
Cape Town, South Africa
Stage
Grant
Latest tracked round
October 2024
2024 Funding
$191K
Backers
12
22
Athena

Athena enables patients to split the repayment of their healthcare costs whilst getting the care they need now.

HQ Location
Johannesburg, South Africa
Stage
Venture
Latest tracked round
January 2024
2024 Funding
$150K
Backers
1
23
Koa Academy

Koa provides an IEB education for children in grades 4-12 through an online learning environment that is both structured and individualised.

HQ Location
Cape Town, South Africa
Stage
Seed
Latest tracked round
March 2024
2024 Funding
$50K
Backers
2
24
The Awareness Company

The Awareness Company uses data-driven storytelling to help people, communities and organisations to become more efficient and impactful

HQ Location
Pretoria, South Africa
Stage
Seed
Latest tracked round
January 2025
2024 Funding
$11K
Backers
9
25
CatalyzU

CatalyzU is using AI to align workforce skills and training with business goals.

HQ Location
Cape Town, South Africa
Stage
Early Stage
Latest tracked round
November 2025
2024 Funding
$1
Backers
7

Showing 25 of 25 companies