Artificial Intelligence Startups in Africa

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AI scene buzzing in West Africa. InstaDeep, Sama, DataProphet leading the charge. Local leaders intrigued, seeing potential for tailored solutions to local challenges. But talent gap and infrastructure limitations pose challenges. Need for tailored AI solutions that address local needs and cultural context.

Cummulative Funding

$268.1M+

Total # of Companies

104

Total Deal Count

168

Total M&A Count

6

Total # of Investors

259

List of Artificial Intelligence startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

InstaDeep is a Tunis-based AI startup which provides self-learning decision making systems.

Series B

$ 107,000,000

2015

2.

Sama provides high-quality training data that powers AI technology.

Series B

$ 84,800,000

2008

3.

DataProphet is a leading global AI provider for Industry 4.0, improving quality and yield in manufacturing

Series A

$ 16,000,000

2013

4.

RxAll is a multiple-award winning deep learning-hyperspectral IoT platform for authenticating drugs in real time.

Funding Round

$ 6,607,100

2016

5.

FARO is Africa’s fastest growing fashion venture - on a mission to build the world’s most innovative fashion outlet and reduce waste.

Seed

$ 6,000,000

2023

6.

Yemaachi is a biotech company that is working to lower the economic burden of cancer.

Grant

$ 4,125,000

2020

7.

Predicting consumer behaviour with AI.

Series A

$ 3,500,000

2015

8.

Curacel is an AI-powered platform for claims processing and fraud management in Africa

Seed

$ 3,450,000

2017

9.

Convertedin is an automation ads platform for eCommerce and online sellers

Seed

$ 3,000,000

2018

10.

ImaliPay is a digital financial platform offering tailored financial products that promote the inclusion of gig economy platforms across Africa.

Seed

$ 3,000,000

2020

11.

iXperience is a Cape Town-based edtech company that provides students with industry-focused skills.

Series A

$ 2,500,000

2013

12.

LNKO offers trendy eyewear at an affordable price through an online store and various points of sale.

Seed

$ 2,100,000

2020

13.

Amini is a Kenyan startup that uses artificial intelligence and satellite technology to bridge Africa's environmental data.

Pre-seed

$ 2,000,000

2023

14.

Synapse Analytics offers Data analytics, ML, and AI services and tools to help organizations, data scientists, and IT professionals.

Seed

$ 2,000,000

2018

15.

Imaginario AI helps Hollywood Studios, production companies and creators find, curate and transform anything inside their videos with AI.

Pre-seed

$ 1,920,000

2022

16.

The Awareness Company enhances situational awareness for organisations who have to address sustainability issues.

Seed

$ 1,600,000

2018

17.

AIfluence is a Kenyan Artificial Intelligence-driven influencer marketing platform.

Seed

$ 1,500,000

2019

18.

ToumAI empowers organizations with innovative multilingual and generative voice analytics to enhance customer experiences.

Seed

$ 1,200,000

2020

19.

Biware is a young and dynamic consulting and system integration company specialized in Data Management & Modern Analytics.

Seed

$ 1,200,000

2011

20.

ATLAN Space is a Morrocan startup which employs (AI) to enable unmanned aerial vehicles (UAVs) to carry out tracking missions with complete autonomy.

Series A

$ 1,100,000

2016

InstaDeep

Founded

2015

Overview

InstaDeep is a Tunis-based AI startup which provides self-learning decision making systems.

Last round

Series B

Total raised

$ 107,000,000

Employee

51-200

Sama

Founded

2008

Overview

Sama provides high-quality training data that powers AI technology.

Last round

Series B

Total raised

$ 84,800,000

Employee

51-200

Founded

2013

Overview

DataProphet is a leading global AI provider for Industry 4.0, improving quality and yield in manufacturing

Last round

Series A

Total raised

$ 16,000,000

Employee

11-50

RxAll

Founded

2016

Overview

RxAll is a multiple-award winning deep learning-hyperspectral IoT platform for authenticating drugs in real time.

Last round

Funding Round

Total raised

$ 6,607,100

Employee

11-50

FARO

Founded

2023

Overview

FARO is Africa’s fastest growing fashion venture - on a mission to build the world’s most innovative fashion outlet and reduce waste.

Last round

Seed

Total raised

$ 6,000,000

Employee

51-200

Founded

2020

Overview

Yemaachi is a biotech company that is working to lower the economic burden of cancer.

Last round

Grant

Total raised

$ 4,125,000

Employee

11-50

Xineoh

Founded

2015

Overview

Predicting consumer behaviour with AI.

Last round

Series A

Total raised

$ 3,500,000

Employee

11-50

Curacel

Founded

2017

Overview

Curacel is an AI-powered platform for claims processing and fraud management in Africa

Last round

Seed

Total raised

$ 3,450,000

Employee

2-10

Founded

2018

Overview

Convertedin is an automation ads platform for eCommerce and online sellers

Last round

Seed

Total raised

$ 3,000,000

Employee

11-50

ImaliPay

Founded

2020

Overview

ImaliPay is a digital financial platform offering tailored financial products that promote the inclusion of gig economy platforms across Africa.

Last round

Seed

Total raised

$ 3,000,000

Employee

2-10

Founded

2013

Overview

iXperience is a Cape Town-based edtech company that provides students with industry-focused skills.

Last round

Series A

Total raised

$ 2,500,000

Employee

11-50

LNKO

Founded

2020

Overview

LNKO offers trendy eyewear at an affordable price through an online store and various points of sale.

Last round

Seed

Total raised

$ 2,100,000

Employee

51-200

Amini

Founded

2023

Overview

Amini is a Kenyan startup that uses artificial intelligence and satellite technology to bridge Africa's environmental data.

Last round

Pre-seed

Total raised

$ 2,000,000

Employee

2-10

Founded

2018

Overview

Synapse Analytics offers Data analytics, ML, and AI services and tools to help organizations, data scientists, and IT professionals.

Last round

Seed

Total raised

$ 2,000,000

Employee

11-50

Founded

2022

Overview

Imaginario AI helps Hollywood Studios, production companies and creators find, curate and transform anything inside their videos with AI.

Last round

Pre-seed

Total raised

$ 1,920,000

Employee

2-10

Founded

2018

Overview

The Awareness Company enhances situational awareness for organisations who have to address sustainability issues.

Last round

Seed

Total raised

$ 1,600,000

Employee

2-10

AIfluence

Founded

2019

Overview

AIfluence is a Kenyan Artificial Intelligence-driven influencer marketing platform.

Last round

Seed

Total raised

$ 1,500,000

Employee

11-50

ToumAI

Founded

2020

Overview

ToumAI empowers organizations with innovative multilingual and generative voice analytics to enhance customer experiences.

Last round

Seed

Total raised

$ 1,200,000

Employee

2-10

Biware

Founded

2011

Overview

Biware is a young and dynamic consulting and system integration company specialized in Data Management & Modern Analytics.

Last round

Seed

Total raised

$ 1,200,000

Employee

11-50

Founded

2016

Overview

ATLAN Space is a Morrocan startup which employs (AI) to enable unmanned aerial vehicles (UAVs) to carry out tracking missions with complete autonomy.

Last round

Series A

Total raised

$ 1,100,000

Employee

2-10

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