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Overview

MediaTek's Portfolio in Africa

MediaTek has made over 2 notable investments in African startups. Their most recent investment was in PalmPay, announced on August 30th, 2021.
MediaTek's Latest news
Taiwan’s MediaTek posts US$1.78 billion in September sales - Taiwan News

MediaTek reveals new chipset for 5G smartphones - RCR Wireless News

MediaTek aims for net zero emissions by 2050 - Mobile World Live

du, Nokia and MediaTek combine three 5G TDD carriers in UAE to achieve the highest throughputs ever - ZAWYA

MediaTek's Investment activity in Africa

With over $140M invested in African startups, their latest investment was a Series A round in PalmPay, announced on August 30th, 2021, closing at $100M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Seed
PalmPay
NigeriaNov 13, 2019$ 40,000,000
Series A
PalmPay
NigeriaAug 30, 2021$ 100,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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MediaTek's Investment Distribution in Africa.

MediaTek's currently has Startuup investments spread across the following location(s)

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