In 2021, 89 South African startups secured funding. This was higher by 81 startups compared to the previous year. Since 2015, the number of startups managing to secure funding has been growing yearly. For instance, in 2015, only 45 startups obtained funding, which is almost half of the number in 2021. Furthermore, 23 startups managed to get funding as of May 23, 2022.
Number of funded startups in South Africa from 2015 to 2022
Data for 2022 is as of 23 May, 2022.
According to the source startups included here are startups launched between 2002 and 2021. Furthermore, they add that they do not claim to have identified all the tech startups that existed in the country.
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Disrupt Africa. (June 8, 2022). Number of funded startups in South Africa from 2015 to 2022 [Graph]. In Statista. Retrieved January 04, 2025, from https://www.statista.com/statistics/1324507/number-of-funded-startups-in-south-africa/
Disrupt Africa. "Number of funded startups in South Africa from 2015 to 2022." Chart. June 8, 2022. Statista. Accessed January 04, 2025. https://www.statista.com/statistics/1324507/number-of-funded-startups-in-south-africa/
Disrupt Africa. (2022). Number of funded startups in South Africa from 2015 to 2022. Statista. Statista Inc.. Accessed: January 04, 2025. https://www.statista.com/statistics/1324507/number-of-funded-startups-in-south-africa/
Disrupt Africa. "Number of Funded Startups in South Africa from 2015 to 2022." Statista, Statista Inc., 8 Jun 2022, https://www.statista.com/statistics/1324507/number-of-funded-startups-in-south-africa/
Disrupt Africa, Number of funded startups in South Africa from 2015 to 2022 Statista, https://www.statista.com/statistics/1324507/number-of-funded-startups-in-south-africa/ (last visited January 04, 2025)
Number of funded startups in South Africa from 2015 to 2022 [Graph], Disrupt Africa, June 8, 2022. [Online]. Available: https://www.statista.com/statistics/1324507/number-of-funded-startups-in-south-africa/
