Web3 Startups in Africa

Step into the thriving world of Web3 startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in Web3.

Cummulative Funding

$338.3M+

Total # of Companies

20

Total Deal Count

29

Total M&A Count

0

Total # of Investors

141

List of Web3 startups in Africa

Add Startup
StartupOverviewLast roundTotal raisedFounded
1.

H2O Securities is Solving Water Scarcity Through Blockchain Finance

Initial Coin Offering

$ 150,000,000

2021

2.

Jambo is building the Web3 Superapp of Africa

Series A

$ 37,500,000

2021

3.

Scorefam is a Play to Earn & NFT- based Sports Gaming Platform powered by $SFT

Initial Coin Offering

$ 25,000,000

2020

4.

Demystifying blockchain technology for 1 billion Africans to build digital wealth

Seed

$ 23,000,000

2021

5.

Aya is a curated marketplace for early-stage startups and high growth businesses to access vetted African Web3 digital skilled talents.

Pre-seed

$ 7,200,000

2020

6.

Nestcoin builds, operates and invests in crypto-native products for everyday people in frontier markets.

Pre-seed

$ 6,500,000

2021

7.

Fonbnk is a new distributed finance company enabling a frictionless, financial onramp for emerging markets.

Seed

$ 5,120,000

2019

8.

Canza Finance is providing access to financial services to the financially underserved masses in Africa

Seed

$ 3,480,000

2019

9.

Metaverse Magna is an Africa-focused blockchain gaming platform

Seed

$ 3,200,000

2021

10.

Earn cash from playing your favorite AAA+ games with Skrmiish

Seed

$ 2,500,000

2018

11.

Afropolitan is creating a Digital Nation to enable all Africans to build abundant lives.

Pre-seed

$ 2,100,000

2022

12.

Hashgreed is Africa’s first NFT Marketplace for creative, commerce and asset tokenization

Seed

$ 1,000,000

2021

13.

Stakefair is a Decentralized Finance (DeFi) company that is expected to disrupt the Real-Money Gaming industry

Pre-seed

$ 670,000

2021

14.

ComiBlock gives users access to invest in actively managed and diversified crypto portfolios.

Pre-seed

Undisclosed

2021

15.

Connecting African creatives to the world via an entertainment Megaworld

Pre-seed

Undisclosed

2021

16.

MaishaPay seeks to establish itself as a banking solution in rural areas generally disadvantaged by banks in Africa.

Undisclosed

Undisclosed

2018

Founded

2021

Overview

H2O Securities is Solving Water Scarcity Through Blockchain Finance

Last round

Initial Coin Offering

Total raised

$ 150,000,000

Employee

11-50

Jambo

Founded

2021

Overview

Jambo is building the Web3 Superapp of Africa

Last round

Series A

Total raised

$ 37,500,000

Employee

51-200

Scorefam

Founded

2020

Overview

Scorefam is a Play to Earn & NFT- based Sports Gaming Platform powered by $SFT

Last round

Initial Coin Offering

Total raised

$ 25,000,000

Employee

11-50

Mara

Founded

2021

Overview

Demystifying blockchain technology for 1 billion Africans to build digital wealth

Last round

Seed

Total raised

$ 23,000,000

Employee

51-200

Aya

Founded

2020

Overview

Aya is a curated marketplace for early-stage startups and high growth businesses to access vetted African Web3 digital skilled talents.

Last round

Pre-seed

Total raised

$ 7,200,000

Employee

11-50

Nestcoin

Founded

2021

Overview

Nestcoin builds, operates and invests in crypto-native products for everyday people in frontier markets.

Last round

Pre-seed

Total raised

$ 6,500,000

Employee

11-50

Fonbnk

Founded

2019

Overview

Fonbnk is a new distributed finance company enabling a frictionless, financial onramp for emerging markets.

Last round

Seed

Total raised

$ 5,120,000

Employee

2-10

Founded

2019

Overview

Canza Finance is providing access to financial services to the financially underserved masses in Africa

Last round

Seed

Total raised

$ 3,480,000

Employee

11-50

Founded

2021

Overview

Metaverse Magna is an Africa-focused blockchain gaming platform

Last round

Seed

Total raised

$ 3,200,000

Employee

11-50

Skrmiish

Founded

2018

Overview

Earn cash from playing your favorite AAA+ games with Skrmiish

Last round

Seed

Total raised

$ 2,500,000

Employee

11-50

Founded

2022

Overview

Afropolitan is creating a Digital Nation to enable all Africans to build abundant lives.

Last round

Pre-seed

Total raised

$ 2,100,000

Employee

2-10

Hashgreed

Founded

2021

Overview

Hashgreed is Africa’s first NFT Marketplace for creative, commerce and asset tokenization

Last round

Seed

Total raised

$ 1,000,000

Employee

11-50

Stakefair

Founded

2021

Overview

Stakefair is a Decentralized Finance (DeFi) company that is expected to disrupt the Real-Money Gaming industry

Last round

Pre-seed

Total raised

$ 670,000

Employee

11-50

ComiBlock

Founded

2021

Overview

ComiBlock gives users access to invest in actively managed and diversified crypto portfolios.

Last round

Pre-seed

Total raised

$ 0

Employee

11-50

SodaWorld

Founded

2021

Overview

Connecting African creatives to the world via an entertainment Megaworld

Last round

Pre-seed

Total raised

$ 0

Employee

2-10

MaishaPay

Founded

2018

Overview

MaishaPay seeks to establish itself as a banking solution in rural areas generally disadvantaged by banks in Africa.

Last round

Undisclosed

Total raised

$ 0

Employee

2-10

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