These are Africa's 11 venture funding rounds of 2019 with at least $10M

These are Africa's 11 venture funding rounds of 2019 with at least $10M

    Funding
    Venture Capital

Going by the first half of 2019, African startups are raising VC funding at an unprecedented rate. Unlike in the past where large venture capital funding rounds into the continent depended on a few companies - take an example of Jumia and Takealot - this year, not only are the sizes of the funding rounds going up but so is the number of startups that are raking in that funding. Using Digest Africa data, we have identified the 11 startups that have raised at least $10 million in venture funding this year. In this particular list, per our methodology, we only included startups that are either headquartered in Africa, have Africa as their only/primary market or are incorporated in Africa. That is why we excluded companies like Branch International that others might include in their research. In summary, the top 11 funding rounds raised by African startups totalled to ... }

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