RankingRanked by disclosed early-stage funding
Top 100 African startups by early-stage funding
The 100 companies with the most disclosed early-stage funding. Together they have raised $657M, an average of $7M each, across 14 countries.
- Combined funding
- $657M
- disclosed rounds
- Average per company
- $7M
- median $5M
- Companies
- 100
- 99 founded 2005 or later
- Countries
- 14
- Nigeria leads with 32
| # | Company | Total Funding |
|---|---|---|
| 1 | Floating nuclear power: a compact 10 MWe modular reactor on a barge, built at the Port of Long Beach to deliver zero-emission energy to ports and cities. | $60M |
| 2 |  Telda is a Cairo-based financial brand built for Millennials and GenZ to take the pain out of peer-to-peer payments. | $25M |
| 3 | Demystifying blockchain technology for 1 billion Africans to build digital wealth | $23M |
| 4 |  Autochek Africa is a Nigerian Automotive Technology startup that builds solutions aimed at enabling commerce within the automotive sector. | $16.5M |
| 5 |  NOWNOW is a Fintech platform that allows users to send and receive money, purchase airtime and pay bills with ease. | $13M |
| 6 |  Naqla simplifies the process of the transportation of goods and ensure efficient and hassle-free shipping through a mobile App. | $10.5M |
| 7 |  Leatherback is making cross-border trade easier for individuals and businesses across the globe. | $10M |
| 8 |  Traction Apps is a one stop platform for small businesses to accept payments, run their businesses and access capital for growth. | $10M |
| 9 |  StockApp is an AI-powered retail tech platform built to digitize and empower Africa’s small businesses. | $10M |
| 10 |  InfiniLink is an Egypt-based semiconductor startup building chips focused on high-speed connectivity. | $10M |
| 11 | Cedar Money is simplifying Cross-border Transactions for Businesses in Africa. | $9.9M |
| 12 |  Kulipa: Paris‑based fintech, B2B stablecoin infrastructure with Nigerian presence. | $9.2M |
| 13 |  PawaPay is a pan-African payments company that provides mobile payment solutions to African consumers or businesses. | $9M |
| 14 |  Thunder Code is a Tunis-based generative AI-powered software testing platform. | $9M |
| 15 |  Cerebrium is enabling businesses to build and deploy ML products quickly and easily. Creating a AWS Sagemaker alternative. | $9M |
| 16 |  Zone (formerely Appzone) is a regulated blockchain network that enables payments and acceptance of digital currencies. | $8.5M |
| 17 |  Axis is an Egyptian FinTech which empowers small business founders & solopreneurs with the tools & resources to compete & thrive. | $8.3M |
| 18 |  Lidya is the future of SME finance; supporting SMEs in fast growing economies access credit in 1 day. | $8.2M |
| 19 |  Kapu is building the most relevant B2C e-commerce model for the majority of urban consumers in Africa. | $8M |
| 20 |  Leta builds supply chain & logistics software to enable the efficient and automated movement of goods in Africa. | $8M |
| 21 |  Connect Money's goal is to help businesses connect with cash users through digital payments. | $8M |
| 22 |  Checker offers global stablecoin infrastructure powering institutional cross‑border payments. | $8M |
| 23 | Fintech Farm is a newly launched fintech startup based in the U.K, with a branch in Nigeria, that creates digital banks in emerging markets. | $7.4M |
| 24 |  Swoop is building Africa’s first super‑app, simplifying food delivery and lifestyle. | $7.3M |
| 25 |  Freterium is a Moroccan SaaS platform that connects people and technologies in the logistics value chain. | $7.3M |
| 26 |  Meaningful Gigs is a tech-enabled marketplace that up-skills and connects skilled African digital designers with enterprise companies. | $7.1M |
| 27 | Cadana is a leading technology company that provides payroll services for fast-growing businesses. | $7.1M |
| 28 | enza empowers Africa’s financial institutions with the innovation needed for more inclusive, opportunity-led commerce. | $6.8M |
| 29 |  Bloom is a FinTech company that provides financial products that improve the lives of East African consumers. | $6.5M |
| 30 |  Revio accepts payments globally, recover failed transactions, reduce customer churn. | $6.3M |
| 31 |  Sympl empowers sellers to sell their products and services directly to bank card holders | $6M |
| 32 |  Banking services for the unbanked: Maplerad provides a modern banking platform for Nigerians. | $6M |
| 33 |  Flow is a South African PropTech which automatically creates and targets property ads for Real Estate Agencies and Property developers. | $6M |
| 34 |  Amini is a Kenyan startup that uses artificial intelligence and satellite technology to bridge Africa's environmental data. | $6M |
| 35 | FARO is Africa’s fastest growing fashion venture - on a mission to build the world’s most innovative fashion outlet and reduce waste. | $6M |
| 36 | Flash is a Cairo-based mobile financial service startup that facilitates digital payments to businesses. | $6M |
| 37 |  Flow is an app that rewards tenants for great behaviour. | $6M |
| 38 |  Duplo is modernizing payments for B2B companies in Africa. | $5.6M |
| 39 |  Zero Carbon Charge is a South African startup specialising in clean mobility infrastructure. | $5.6M |
| 40 | Sabi is a Nigerian startup which builds digital solutions for small businesses in Africa. | $5.5M |
| 41 |  Jumba is a construction tech platform that simplifies B2B purchase and financing of construction materials | $5.5M |
| 42 |  Setting a new time standard for real estate development and reshaping how cities are designed and built. | $5.5M |
| 43 |  Youverify is building trust in Africa by helping businesses and individuals confirm identity and physical addresses. | $5.4M |
| 44 |  Inseco is redefining protein creation & facilitating the transition towards a circular economy | $5.3M |
| 45 |  Kubik is a Kenyan startup that turn hard-to-recycle plastic waste into low-cost, low-carbon building materials. | $5.2M |
| 46 |  Nexta is an Egypt-based fintech and next-generation banking platform | $5.2M |
| 47 |  Völz is a B2C travel platform helping Africans easily book affordable flights with local payments. | $5.2M |
| 48 |  Fonbnk is a new distributed finance company enabling a frictionless, financial onramp for emerging markets. | $5.1M |
| 49 |  Kalido constantly creates personalised opportunities for every user, based on the networks they have and trust. | $5.1M |
| 50 |  HoneyCoin is building tools to help people move & spend money anywhere, affordably and at the speed of the internet. | $5.1M |
| 51 |  Gidanka is on a mission to change the face and experience of hospitality across African cityscapes. | $5M |
| 52 |  Mondo Ride connects passengers with quality vehicles using technology in Africa | $5M |
| 53 |  Mazaya is the first B2B e-commerce site with an emphasis on electronics. | $5M |
| 54 |  NFTfi is a simple marketplace for NFT collateralized loans. | $5M |
| 55 |  Scalable, cost-efficient logistics solutions powered by cutting-edge technology | $5M |
| 56 |  Better Auth is an Ethiopian open-source developer tool for authentication. | $5M |
| 57 |  All-in-one HR software built for Francophone Africa. | $5M |
| 58 | Koinz is an Egyptian food aggregator that helps increase restaurants' customer satisfaction. | $4.8M |
| 59 |  FlapKap offers online businesses AI-based insight to help them optimize their advertising spend and maximize profits. | $4.8M |
| 60 |  Yaga is a resale fashion marketplace enabling safe, sustainable secondhand clothing trade globally. | $4.7M |
| 61 |  Oasys Health, Egyptian startup, builds AI systems to enhance mental healthcare accessibility and efficiency. | $4.6M |
| 62 |  Okra is ushering in the 5th generation of FinTech through real-time data | $4.5M |
| 63 |  Cercli is the modern payroll and employee data platform for the Middle East and North Africa (MENA). | $4.5M |
| 64 | NjiaPay is a Payments-as-a-Service platform focused on elevating online payments across the African continent. | $4.4M |
| 65 |  Minly is an Egyptian online platform that allows celebrities and fans to connect. | $4.3M |
| 66 |  Busha is a Nigerian based Financial Service platform where users can trade and exchange cryptocurrencies. | $4.2M |
| 67 |  Casava aims to make insurance affordable for income earners by leveraging technology. | $4.2M |
| 68 |  Carrot provides accessible line of credit to its users so they never have to liquidate their portfolio when they need quick cash. | $4.2M |
| 69 |  ZeroEntropy is developing better, faster, cheaper task-specific models for every production AI system. | $4.2M |
| 70 |  Eze is a B2B wholesale marketplace for smartphones, laptops, tablets, and other electronics. | $4.2M |
| 71 |  Fatura is a technology platform revolutionizing the FMCG industry in Egypt & Africa. | $4M |
| 72 |  Earnipay is a FinTech solution that provides flexible and on-demand salary access to income-earners. | $4M |
| 73 |  Swypex is an Egyptian FinTech startup which empowers users payments with ease, streamline invoice management and access working capital | $4M |
| 74 |  KALTANI is a Lagos-based clean tech plastic recycling company. | $4M |
| 75 |  FarmWorks is an Kenyan AgTech startup aiming to unlock Africa's agricultural potential by building clusters of mid-sized farms. | $4M |
| 76 |  OneDosh simplifies global payments, empowering freelancers and professionals with instant, borderless transactions. | $4M |
| 77 |  Prospa is Lagos-based neobank for micro businesses | $3.9M |
| 78 |  IMFact provides smart finance for Kenyan SMEs in the supply chain. | $3.9M |
| 79 |  Africa Courier Express, an African enterprise, engages in delivering logistics solutions to both businesses and consumers. | $3.7M |
| 80 |  Salus Cloud is a South African AI-native platform revolutionising Developer & Security Operations (DevSecOps) for engineers. | $3.7M |
| 81 | Sudo is an API platform that enables developers to instantly issue physical and virtual cards with more control & flexibility at scale. | $3.7M |
| 82 |  Enakl offers on demand reliable, and sustainable urban transportation options in emerging countries. | $3.7M |
| 83 |  Suplyd is optimizing the supply chain for Egypt's F&B growth. | $3.6M |
| 84 |  Bringing accessible e-commerce to the masses in Egypt and the Middle East | $3.5M |
| 85 |  Synatic is a modern data automation platform that combines iPaaS, ESB, ETL and API Management into a simple yet powerful tool | $3.5M |
| 86 |  Edukoya is an EdTech that connects African learners with the digital curriculum content and on-demand teachers. | $3.5M |
| 87 |  Gameball is a growth marketing platform that uses gamification to offer intelligent and customizable loyalty and rewards programs | $3.5M |
| 88 |  Mnzl is an Egyptian asset-backed lending platform that enables users in Egypt to leverage their assets as collateral to apply for loans. | $3.5M |
| 89 |  Educatly helps students study abroad at leading universities, and provides universities with access to a global student market. | $3.5M |
| 90 |  Nucleon Security delivers AI-powered Zero Trust endpoint protection for enterprises across Europe and Africa. | $3.5M |
| 91 |  Canza Finance is providing access to financial services to the financially underserved masses in Africa | $3.5M |
| 92 |  Open Access Energy is a software company whose vision is to open energy access to all. | $3.3M |
| 93 |  Identitypass is creating trust by powering easy customer and business verification. | $3.3M |
| 94 |  Efficient construction material procurement and management with CutStruct | $3.2M |
| 95 |  Userguest is a Moroccan tech startup focused on helping hotels enhance their direct revenue | $3.2M |
| 96 |  The Student Hub is Africa’s 1st end to end Platform for skills Development and Job creation | $3.2M |
| 97 |  Metaverse Magna is an Africa-focused blockchain gaming platform | $3.2M |
| 98 | z is a transformative super app designed to redefine B2B trade and distribution across an extensive range of retail verticals | $3.2M |
| 99 | Dayra is a data-driven fintech company providing financial services to unbanked gig-workers and micro-businesses via API integration. | $3.1M |
| 100 |  WaystoCap is a B2B marketplace where businesses in Africa can buy and sell products. | $3.1M |
All 100 shown · as of 21 Oct 2026
Missing a company? Submit itHow this ranking works
Companies are ranked by disclosed early-stage funding: the sum of their funding rounds with a published amount, in US dollars. Rounds without a published amount add nothing to a company's total.
Frequently asked about the Top 100
- Which African startup has raised the most funding?
- On this ranking, Bluecore Energy leads with $60M.
- How much have the top 100 African startups raised?
- $657M combined, an average of $7M per company, counting disclosed rounds.
- Which country has the most companies in this Top 100?
- Nigeria, with 32 companies and $194M raised, followed by Egypt (23, $143M), South Africa (15, $77M) and Kenya (13, $101M).
