RankingSouth Africa · 2025 Funding

Top Funded South Africa Startups of 2025

25 companies with $613M in 2025 funding between them. dLocal leads with $191.3M, followed by Flow48 ($69M) and Solarsaver ($60M).

2025 Funding
$613M
25 companies
Median per company
$10M
average $24.5M
Top 3 share
52%
dLocal alone 31%
Backer relationships
183
across the 25
Generated Curated by StartupList AfricaRanked by 2025 FundingMethodology →
CSV export · Pro
Where the money wentdLocal 31.2%Flow48 11.3%Solarsaver 9.8%22 others 47.7%
#Company2025 Funding
1
dLocal enables global merchants to accept and send payments across emerging markets via one API.
$191.3M
2
Flow48 enables SME growth by transforming future revenues into up-front capital under flexible terms.
$69M
3
SolarSaver offers customized solar photovoltaic and solar-battery hybrid solutions.
$60M
4
Stitch is a South African fintech platform building API to make Africa a world-leader in fintech.
$55M
5
Paymenow is a financial wellness and inclusion platform that allows employees on demand access to earned wages.
$22.4M
6
Naked Insurance provides instant, honest insurance at game-changing prices.
$38M
7
Wetility enables you smartly generate solar power on your rooftop, then seamlessly store, release and monitor clean energy to your home or business.
$27.7M
8
Aura is a South African cloud-based security and safety startup.
$15.1M
9
Grid Africa is a leader in solar energy solutions, dedicated to advancing the adoption of renewable energy across Africa.
$14M
10
Contactable enables secure digital identity verification across African industries.
$13.5M
11
Nile.ag is revolutionizing the way food is traded across Africa
$11.3M
12
The Invigilator is designed to uphold academic integrity during remote assessments using AI-powered invigilation tools.
$11M
13
swiftVEE is a South African AgriTech startup with a platform that addresses water scarcity, food security, and market efficiency for the livestock sector
$10M
14
Digital business funding and banking for South African SMEs
$10M
15
My Next Car connects drivers with affordable vehicle rental solutions, helping them earn through driving on e-hailing platform Bolt.
$10M
16
Cerebrium is enabling businesses to build and deploy ML products quickly and easily. Creating a AWS Sagemaker alternative.
$8.5M
17
JUMO is a technology platform, developed for building and running financial services.
$7.5M
18
KHULA! is a South African mobile marketplace for farmers.
$6.7M
19
FARO is Africa’s fastest growing fashion venture - on a mission to build the world’s most innovative fashion outlet and reduce waste.
$6M
20
Insight Terra provides real-time actionable insight into all your critical data.
$5.7M
21
Zero Carbon Charge is a South African startup specialising in clean mobility infrastructure.
$5.6M
22
Yaga is a resale fashion marketplace enabling safe, sustainable secondhand clothing trade globally.
$4.7M
23
Salus Cloud is a South African AI-native platform revolutionising Developer & Security Operations (DevSecOps) for engineers.
$3.7M
24
Jem is the employee benefits and HR platform built for deskless workers on WhatsApp.
$3.3M
25
Ageiro builds enterprise AI that converts business intent into software, automating development and accelerating innovation.
$3M

All 25 shown · generated 16 Feb 2026

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Frequently asked about Top Funded South Africa Startups of 2025

Which company leads Top Funded South Africa Startups of 2025?
dLocal, with $191.3M, 31% of the $613M on this list. Flow48 is second ($69M).
How much did the companies on this list raise?
$613M across 25 companies. The median company raised $10M. The top three took 52% of the total.
Which cities are they based in?
Cape Town (14 companies), Johannesburg (8) and Randburg (1).
How is this list built?
This cohort contains startups classified as startup in South Africa and is ranked by total USD funding announced in 2025. Funding values are limited to 2025; latest-round and company details reflect the most recent tracked data.