Kuunda raises $7.5 million in pre-series A round to scale across Africa and MENA
Kuunda raised $7.5 million in a pre-Series A funding round to accelerate expansion. The funding round was backed by notable investors including Portugal Gateway Fund and Seedstars Africa Ventures.
10 Top Investors in Startups in South Africa
In 2022, South African startups raised $500 million across more than 100 deals. Key sectors attracting investment include fintech, healthtech, agritech, and edtech.
Why over 50% of Africa’s startups might not survive
The African tech ecosystem has been experiencing a boom since 2019, with startups emerging across the continent. Nigeria reportedly had over 3,360 startups in 2024, making it the country with the most startups in Africa.
South Africa’s Happy Pay raises $1.8 million to boost growth and expand offerings
Happy Pay secured R32 million ($1.8 million) in pre-seed funding. Funding round co-led by E4E Africa and 4Di Capital with participation from several investors.
