Startups with their main African office in South Africa raised more than $3.1 billion across 617 deals between 2015 and 2023 (about $1.99 billion if companies incorporated abroad are left out).

CORRECTED · 20 OCTOBER 2026

Corrected 20 October 2026: the figure comes from UNDP's August 2024 report (Briter Intelligence data) and covers 2015 to 2023, not StartupBlink in 2026. The 617 deals and the figure without companies incorporated abroad were added.

Where it comes from

Source: UNDP, Meet the Tôshikas Startup Ecosystem Report: South Africa (Briter Intelligence data)
Date: Aug 2024
Method: Deal tracking by Briter Intelligence, 2015 to 2023
Region: South Africa
Beat: Economy, Policy and Public Sector
Theme: Startups

WHAT YOU COPY

Startups with their main African office in South Africa raised more than $3.1 billion across 617 deals between 2015 and 2023 (about $1.99 billion if companies incorporated abroad are left out). (Source: UNDP, Meet the Tôshikas Startup Ecosystem Report: South Africa (Briter Intelligence data), Aug 2024). Via SourceDesk: sourcedesk.co.za/e/vxxqj3

Verify against the primary source before publication.

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