Internet of Things Startups in Africa

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IoT in Southern Africa is gaining momentum, driven by rising demand for connectivity and efficiency. Local players like Cambridge Industries, Gricd, and CardoO are making waves with innovative solutions. However, challenges with infrastructure and skills gaps persist. Industry leaders are cautiously optimistic, recognizing the potential but urging a focus on practical applications and collaboration.

Cummulative Funding

$30.2M+

Total # of Companies

11

Total Deal Count

26

Total M&A Count

0

Total # of Investors

37

List of Internet of Things startups in Africa

Add Startup
StartupOverviewLast roundTotal raisedFounded
1.

Cambridge Industries Ltd (CIL) is an engineering, design, procurement and construction firm focused on renewable energy projects throughout Africa.

Series B

$ 12,750,000

2011

2.

Insight Terra provides real-time actionable insight into all your critical data.

Series A

$ 11,200,000

2021

3.

Gricd is an Nigerian startup which aims to play a part in bridging the gaps in the healthcare cold chain in Sub-Saharan Africa.

Seed

$ 1,922,800

2017

4.

CardoO facilitates access to the latest affordable consumer electronics and IoT devices for MENA consumers

Seed

$ 1,260,000

2018

5.

Sensor Networks builds smart technology and systems that improve peoples’ lives by making insurance simple, convenient and affordable.

Series B

$ 1,200,000

2015

6.

Sotech is an Egyptian Health Care startup which uses internet of things (IoT) to generate and process data.

Pre-seed

$ 1,000,000

2020

7.

ReNile is an Egyptian agritech company providing end-to-end solutions for smart farming using the internet of things (IoT)

Seed

$ 450,000

2017

8.

GameZBoost offers white label gaming platforms, including online desktop solutions, fully responsive mobile & social platforms.

Funding Round

$ 245,488

2003

9.

IntelliCUP™ is a fully integrated smart, high speed, cashless, “perfect serve” system that significantly increases merchant profitability.

Seed

$ 200,000

2015

10.

Autotell is an Egyptian startup which offers road analytics, faults-detection, instant driver advice with AI personal assistant

Pre-seed

$ 6,000

2018

11.

FixBot is a connected startup that makes IoT dongles and software solutions for vehicle diagnostics.

Undisclosed

Undisclosed

2019

Founded

2011

Overview

Cambridge Industries Ltd (CIL) is an engineering, design, procurement and construction firm focused on renewable energy projects throughout Africa.

Last round

Series B

Total raised

$ 12,750,000

Employee

101-250

Founded

2021

Overview

Insight Terra provides real-time actionable insight into all your critical data.

Last round

Series A

Total raised

$ 11,200,000

Employee

11-50

Gricd

Founded

2017

Overview

Gricd is an Nigerian startup which aims to play a part in bridging the gaps in the healthcare cold chain in Sub-Saharan Africa.

Last round

Seed

Total raised

$ 1,922,800

Employee

11-50

CardoO

Founded

2018

Overview

CardoO facilitates access to the latest affordable consumer electronics and IoT devices for MENA consumers

Last round

Seed

Total raised

$ 1,260,000

Employee

11-50

Founded

2015

Overview

Sensor Networks builds smart technology and systems that improve peoples’ lives by making insurance simple, convenient and affordable.

Last round

Series B

Total raised

$ 1,200,000

Employee

11-50

Sotech

Founded

2020

Overview

Sotech is an Egyptian Health Care startup which uses internet of things (IoT) to generate and process data.

Last round

Pre-seed

Total raised

$ 1,000,000

Employee

2-10

ReNile

Founded

2017

Overview

ReNile is an Egyptian agritech company providing end-to-end solutions for smart farming using the internet of things (IoT)

Last round

Seed

Total raised

$ 450,000

Employee

11-50

Founded

2003

Overview

GameZBoost offers white label gaming platforms, including online desktop solutions, fully responsive mobile & social platforms.

Last round

Funding Round

Total raised

$ 245,488

Employee

2-10

Founded

2015

Overview

IntelliCUP™ is a fully integrated smart, high speed, cashless, “perfect serve” system that significantly increases merchant profitability.

Last round

Seed

Total raised

$ 200,000

Employee

Autotell

Founded

2018

Overview

Autotell is an Egyptian startup which offers road analytics, faults-detection, instant driver advice with AI personal assistant

Last round

Pre-seed

Total raised

$ 6,000

Employee

2-10

Fixbot

Founded

2019

Overview

FixBot is a connected startup that makes IoT dongles and software solutions for vehicle diagnostics.

Last round

Undisclosed

Total raised

$ 0

Employee

51-200

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