IoT Startups in Africa

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IoT in East Africa: Emerging, but challenges remain. Qotto, RxAll, and Okra Solar show promise, but infrastructure gaps, affordability, and skills shortages hinder widespread adoption. Local business leaders express cautious optimism, citing government support and potential for cost savings as drivers.

Cummulative Funding

$67.5M+

Total # of Companies

33

Total Deal Count

67

Total M&A Count

0

Total # of Investors

112

List of IoT startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Okra Solar is a Pan-African Energ startup that enables solar generating communities to share and utilize more energy.

Debt Financing

$ 18,600,000

2016

2.

Qotto sells solar home systems to rural households in West Africa with a pay-as-you-go model.

Series A

$ 14,000,000

2016

3.

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

Series A

$ 11,200,000

2021

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.

Hello Tractor is a diversified ag-tech company focused on improving food and income security throughout sub-Saharan Africa.

Grant

$ 5,025,000

2014

6.

The Food Lab is an Egyptian startup thst provides cloud technology for the food and beverages industry.

Pre-seed

$ 4,500,000

2020

7.

dKilo is an Egyptian technology company in the AdTech space.

Debt Financing

$ 3,863,000

2020

8.

Wattnow help compagnies gain actionable insights on their overall energy usage.

Series A

$ 1,500,000

2018

9.

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

Seed

$ 1,260,000

2018

10.

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

Seed

$ 450,000

2017

11.

Elkrem provides hardware and software tools for developers to build Blockchain connected IoT products.

Seed

$ 325,000

2018

12.

AirSmat was founded on the belief that drones will shape the future.

Seed

$ 100,000

13.

NIoTEK TECHNOLOGY S.A.E is an Egyptian startup which applies Internet of Things (IoT) to help companies make better.

Pre-seed

$ 100,000

2017

14.

Chekkit is a Nigerian blockchain powered anti-counterfeiting solution for food and drug supply chain tracking.

Seed

$ 50,000

2018

15.

Powerstove Energy is a Nigerian startup which uses technology to deliver a smokeless, IoT-enabled cookstove that generates electricity.

Grant

Undisclosed

2018

16.

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

Undisclosed

Undisclosed

2019

17.

Maotronics Systems is a start-up that develops proprietary hardware and software solutions

Undisclosed

Undisclosed

2019

18.

FLOEWS

Undisclosed

Undisclosed

2017

19.

Revolutionizing waste management with IoT, AI, and ML. Smart solutions for greener cities and a sustainable future.

Undisclosed

Undisclosed

2024

20.

AT Instruments is an Egyptian IoT startup which uses AI to solve problems in the MaaS industry.

Undisclosed

Undisclosed

2020

Founded

2016

Overview

Okra Solar is a Pan-African Energ startup that enables solar generating communities to share and utilize more energy.

Last round

Debt Financing

Total raised

$ 18,600,000

Employee

11-50

Qotto

Founded

2016

Overview

Qotto sells solar home systems to rural households in West Africa with a pay-as-you-go model.

Last round

Series A

Total raised

$ 14,000,000

Employee

201-500

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

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

Founded

2014

Overview

Hello Tractor is a diversified ag-tech company focused on improving food and income security throughout sub-Saharan Africa.

Last round

Grant

Total raised

$ 5,025,000

Employee

11-50

Founded

2020

Overview

The Food Lab is an Egyptian startup thst provides cloud technology for the food and beverages industry.

Last round

Pre-seed

Total raised

$ 4,500,000

Employee

51-200

dKilo

Founded

2020

Overview

dKilo is an Egyptian technology company in the AdTech space.

Last round

Debt Financing

Total raised

$ 3,863,000

Employee

2-10

Wattnow

Founded

2018

Overview

Wattnow help compagnies gain actionable insights on their overall energy usage.

Last round

Series A

Total raised

$ 1,500,000

Employee

2-10

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

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

Elkrem

Founded

2018

Overview

Elkrem provides hardware and software tools for developers to build Blockchain connected IoT products.

Last round

Seed

Total raised

$ 325,000

Employee

1-10

AirSmat

Founded

Overview

AirSmat was founded on the belief that drones will shape the future.

Last round

Seed

Total raised

$ 100,000

Employee

11-50

Founded

2017

Overview

NIoTEK TECHNOLOGY S.A.E is an Egyptian startup which applies Internet of Things (IoT) to help companies make better.

Last round

Pre-seed

Total raised

$ 100,000

Employee

2-10

Chekkit

Founded

2018

Overview

Chekkit is a Nigerian blockchain powered anti-counterfeiting solution for food and drug supply chain tracking.

Last round

Seed

Total raised

$ 50,000

Employee

11-50

Founded

2018

Overview

Powerstove Energy is a Nigerian startup which uses technology to deliver a smokeless, IoT-enabled cookstove that generates electricity.

Last round

Grant

Total raised

$ 0

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

Founded

2019

Overview

Maotronics Systems is a start-up that develops proprietary hardware and software solutions

Last round

Undisclosed

Total raised

$ 0

Employee

11-50

Founded

2017

Overview

FLOEWS

Last round

Undisclosed

Total raised

$ 0

Employee

2-10

Founded

2024

Overview

Revolutionizing waste management with IoT, AI, and ML. Smart solutions for greener cities and a sustainable future.

Last round

Undisclosed

Total raised

$ 0

Employee

10-50

Founded

2020

Overview

AT Instruments is an Egyptian IoT startup which uses AI to solve problems in the MaaS industry.

Last round

Undisclosed

Total raised

$ 0

Employee

2-10

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