In the first quarter of 2022, startups in Africa raised 355 million U.S. dollars in Series B rounds. This was the highest value of funding received. Moreover, seed funding reached nearly 176 million U.S. dollars on the continent in the same period.
Value of startup funding in Africa in 1st quarter 2022, by funding stage
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
TechCabal Insights. (July 21, 2022). Value of startup funding in Africa in 1st quarter 2022, by funding stage (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1327787/value-of-startup-funding-in-africa-by-funding-stage/
TechCabal Insights. "Value of startup funding in Africa in 1st quarter 2022, by funding stage (in million U.S. dollars)." Chart. July 21, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1327787/value-of-startup-funding-in-africa-by-funding-stage/
TechCabal Insights. (2022). Value of startup funding in Africa in 1st quarter 2022, by funding stage (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1327787/value-of-startup-funding-in-africa-by-funding-stage/
TechCabal Insights. "Value of Startup Funding in Africa in 1st Quarter 2022, by Funding Stage (in Million U.S. Dollars)." Statista, Statista Inc., 21 Jul 2022, https://www.statista.com/statistics/1327787/value-of-startup-funding-in-africa-by-funding-stage/
TechCabal Insights, Value of startup funding in Africa in 1st quarter 2022, by funding stage (in million U.S. dollars) Statista, https://www.statista.com/statistics/1327787/value-of-startup-funding-in-africa-by-funding-stage/ (last visited December 22, 2024)
Value of startup funding in Africa in 1st quarter 2022, by funding stage (in million U.S. dollars) [Graph], TechCabal Insights, July 21, 2022. [Online]. Available: https://www.statista.com/statistics/1327787/value-of-startup-funding-in-africa-by-funding-stage/