TencentOverview Powered by AI
Tencent, the Chinese tech titan, has emerged as a key player in Africa's startup ecosystem. Known for its focus on Seed and Series B rounds, Tencent's portfolio boasts transformative companies like TymeBank, Ozow, and Helium Health. Their strategic investments and deep understanding of local markets set them apart, driving innovation and fostering the growth of Africa's tech industry.
Tencent's Latest news
Tencent Hits Lowest Price in Five Years on China Economy Concern - Bloomberg
Tencent steps up buybacks as share price sinks - Financial Times
Tech giant Tencent was China's most valuable company for 6 years. In September, it finally lost the title — to a liquor company. - Yahoo News
What the eclipse of Tencent by a liquor company says about Xi's China - Financial Times
| Round | Startup | Location | Date | Amount Raised |
|---|---|---|---|---|
| Series B | South Africa | Nov 17, 2021 | $ 48,000,000 | |
| Series C | South Africa | May 23, 2023 | $ 77,800,000 | |
| Seed | Nigeria | Sep 20, 2022 | $ 4,400,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 |
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