In 2022, the Kenyan startup scene managed to close 147 funding deals, with an aggregate value of close to 1.01 billion U.S. dollars. This was higher in both aspects compared to the previous year, when 112 funding deals with a value of 225.9 million U.S. dollars were reached. Over the three observed years, the number of deals and value of funding received followed an increasing trend.
Size of the startup market in Kenya from 2020 to 2022, by funding value and number of deals
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StartupBlink. (May 29, 2023). Size of the startup market in Kenya from 2020 to 2022, by funding value and number of deals [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1396504/kenya-startup-market-size-by-funding-and-deal-count/
StartupBlink. "Size of the startup market in Kenya from 2020 to 2022, by funding value and number of deals." Chart. May 29, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1396504/kenya-startup-market-size-by-funding-and-deal-count/
StartupBlink. (2023). Size of the startup market in Kenya from 2020 to 2022, by funding value and number of deals. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1396504/kenya-startup-market-size-by-funding-and-deal-count/
StartupBlink. "Size of The Startup Market in Kenya from 2020 to 2022, by Funding Value and Number of Deals." Statista, Statista Inc., 29 May 2023, https://www.statista.com/statistics/1396504/kenya-startup-market-size-by-funding-and-deal-count/
StartupBlink, Size of the startup market in Kenya from 2020 to 2022, by funding value and number of deals Statista, https://www.statista.com/statistics/1396504/kenya-startup-market-size-by-funding-and-deal-count/ (last visited December 22, 2024)
Size of the startup market in Kenya from 2020 to 2022, by funding value and number of deals [Graph], StartupBlink, May 29, 2023. [Online]. Available: https://www.statista.com/statistics/1396504/kenya-startup-market-size-by-funding-and-deal-count/