Startups in Africa raising funds in the week of 1st September 2024

It's back to school time in the world of startups and innovation! Find out which African startups raised funds between 26 August and 1 September 2024. This week, it was South Africa in particular that presented the best deal!

Reminder: this article is sponsored by our partner WINVESTY. Are you looking for a Professional Fundraiser for your start-up or SME? Find out more about its WINVESTY Fundraiser programme.

Sukhiba - Kenya - raising $3 million in funds

Country of origin : Kenya
Name of directors Ananth Raj Gudipati (Co-founder and CEO), Abhinav Reddy (Co-founder)
Exercise amount 3 million (Seed Round)
Maturity of the company : Seed
Domain : Social Commerce / CRM
Description Sukhiba is a Kenyan start-up that provides a WhatsApp-based social commerce and customer relationship management (CRM) platform. The company helps medium and large businesses expand sales and improve customer retention in emerging markets using the ubiquitous capabilities of WhatsApp.

Ampersand - Rwanda - Fundraising of $2 million

Country of origin : Rwanda

Name of directors : Josh Whale (Founder and CEO)

Exercise amount : 2 million

Maturity of the company : Series A

Domain : Electric mobility (E-mobility)

Description Ampersand is a Rwandan company specialising in electric mobility. The start-up manufactures and operates electric motorbikes for African markets, with a focus on reducing transport costs and lowering carbon footprints. The $2 million fundraising will be used to expand their network of charging stations and increase production of electric motorbikes.

Omnisient - South Africa - 7.5 million dollars in funds raised

Country of origin : South Africa

Name of directors : Jon Jacobson (Founder and CEO)

Exercise amount : 7.5 million

Maturity of the company : Series B

Domain : Data Privacy / Secure data sharing

Description Omnisient is a South African start-up specialising in data privacy protection and secure data sharing between businesses. Their technology enables businesses to collaborate on data without exposing it directly, ensuring compliance with data protection regulations while enabling advanced analytics. The $7.5 million round of funding will enable the company to strengthen its technological capabilities and expand its presence in other markets.