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

Top Funded South Africa Startups of 2024

Ranked by total funding announced in 2024 (USD).

S
Curated by StartupList Africa
Total Funding
$762M
Avg Valuation
$0
Companies
25
Investors
141

Market Map

25 companies in this list

RankCompanyHQ LocationStageLast RoundTotal FundingBackers
1
Cassava Technologies
Cassava TechnologiesEnabling social mobility and economic prosperity through technology in Africa.
Cape Town, South AfricaExpansionOctober 2025$310M9
2
TymeBank
TymeBankTymeBank is a South African fully black-owned and controlled investment company.
Johannesburg, South AfricaLate Stage VentureDecember 2024$260M11
3
SolarAfrica Energy
SolarAfrica EnergySolarAfrica Energy is a South African Energy startup that provides simple sustainable solutions.
Gauteng, South AfricaGrowthJanuary 2026$98M2
4
Sturdee Energy
Sturdee EnergySturdee Energy is a pan-African Independent Power Producer focused on renewable energy projects in Sub-Saharan Africa.
Johannesburg, South AfricaFunding RoundDecember 2024$44M2
5
Sourcefin
SourcefinSourcefin is a leading tender and purchase order funding specialist, dedicated to empowering South African businesses.
Johannesburg, South AfricaPrivate EquityDecember 2024$8M1
6
Hohm Energy
Hohm EnergyHohm helps homeowners and businesses to go solar with accredited solar installers, product suppliers and embedded solar finance.
Johannesburg, South AfricaSeedFebruary 2024$8M12
7
Omnisient
OmnisientOmnisient is an Information Technology platform that enables businesses to innovate and grow profitability through secure data sharing.
Cape Town, South AfricaEarly Stage VentureAugust 2024$8M15
8
Insight Terra
Insight TerraInsight Terra provides real-time actionable insight into all your critical data.
Cape Town, South AfricaEarly Stage VentureJanuary 2025$6M7
9
OfferZen
OfferZenOfferZen is a developer job marketplace where 1000+ SA and EU companies hire from a community of 100 000+ makers.
Cape Town, South AfricaEarly Stage VentureJanuary 2024$4M3
10
Sportable
SportableSportable delivers real-time smart ball and player tracking to revolutionize team sports analytics.
Cape Town, South AfricaVentureSeptember 2025$4M2
11
Grid Africa
Grid AfricaGrid Africa is a leader in solar energy solutions, dedicated to advancing the adoption of renewable energy across Africa.
Johannesburg, South AfricaFunding RoundOctober 2025$3M1
12
Cue
CueCue enables businesses to chat with their customers across channels online using Inbox and Chatbots
Cape Town, South AfricaSeedMarch 2024$2M0
13
Happy Pay
Happy PayHappy Pay is pioneering responsible zero-interest payments.
Cape Town, South AfricaEarly StageMarch 2026$2M9
14
Open Access Energy
Open Access EnergyOpen Access Energy is a software company whose vision is to open energy access to all.
Cape Town, South AfricaSeedJune 2025$2M4
15
Talk360
Talk360Talk360 is the leading international voice calling app allowing affordable and reliable international calls to any offline landline or mobile phone.
Johannesburg, South AfricaEarly Stage VentureFebruary 2026$1M13
16
Immobazyme
ImmobazymeImmobazyme utilises precision fermentation to produce high-value active protein ingredients.
Stellenbosch, South AfricaEarly StageDecember 2025$1M3
17
Flood
FloodFlood enables telcos and banks to embed digital commerce, loyalty, and payments directly into their existing apps
Cape Town, South AfricaSeedAugust 2025$1M2
18
Orca Fraud
Orca FraudOrca is a South African fintech fraud prevention startup that empowers fraud fighters to outpace fraud using custom ML models.
Cape Town, South AfricaEarly StageMarch 2026$550K4
19
TurnStay
TurnStayTurnStay thrives at the intersection of fintech and travel, championing hassle-free experiences in travel payments.
Cape Town, South AfricaSeedAugust 2025$300K8
20
NewForm Foods
NewForm FoodsNewForm Foods develops scalable cultivated meat platforms, enabling food producers with sustainable protein solutions.
Cape Town, South AfricaEarly StageApril 2024$200K2
21
GoMetro
GoMetroEmpowering fleet operators worldwide with data-driven mobility solutions.
Cape Town, South AfricaGrantOctober 2024$191K12
22
Athena
AthenaAthena enables patients to split the repayment of their healthcare costs whilst getting the care they need now.
Johannesburg, South AfricaVentureJanuary 2024$150K1
23
Koa Academy
Koa AcademyKoa provides an IEB education for children in grades 4-12 through an online learning environment that is both structured and individualised.
Cape Town, South AfricaSeedMarch 2024$50K2
24
The Awareness Company
The Awareness CompanyThe Awareness Company uses data-driven storytelling to help people, communities and organisations to become more efficient and impactful
Pretoria, South AfricaSeedJanuary 2025$11K9
25
CatalyzU
CatalyzUCatalyzU is using AI to align workforce skills and training with business goals.
Cape Town, South AfricaEarly StageNovember 2025$17

Showing 25 of 25 companies