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AI startups in South Africa

23 AI startups in South Africa have raised money in rounds we track. These are the 23 that have raised the most, $969M between them, with Cape Town the most common home.

$969Mraised by these 23
23on our record in all
Cape Townmost common home
Perkraised the most
  1. 1PerkFounded 2003South Africa$500Mlast round Jun 2026
  2. 2NileFounded -South Africa$198Mlast round Jun 2025
  3. 3Cassava TechnologiesCassava Technologies is an information technology company.

    Cassava Technologies is an information technology company.

    Founded 2021London, South Africa$90Mlast round Oct 2025
  4. 4LulaLula is a prominent South African fintech company focused on enhancing business banking and funding for Small and Medium-sized Enterprises (SMEs).

    Lula is a prominent South African fintech company focused on enhancing business banking and funding for Small and Medium-sized Enterprises (SMEs).

    Founded 2014Cape Town, South Africa$85Mlast round Feb 2026
  5. 5HealthLeapSolving disease-related malnutrition with a mobile clinical assistant for healthcare professionals.

    Solving disease-related malnutrition with a mobile clinical assistant for healthcare professionals.

    Founded 2021San Francisco, South Africa$38Mlast round Oct 2026
  6. 6The InvigilatorFounded -South Africa$11Mlast round Sept 2025
  7. 7CerebriumCerebrium is a modern data and AI platform for your business that doesn't require an entire data team.

    Cerebrium is a modern data and AI platform for your business that doesn't require an entire data team.

    Founded 2021London, South Africa$8.5Mlast round Jul 2025
  8. 8Insight TerraInsight Terra is a platform that helps in real-time monitoring and risk management of mine tailings and water.

    Insight Terra is a platform that helps in real-time monitoring and risk management of mine tailings and water.

    Founded 2021London, South Africa$5.7Mlast round Jan 2025
  9. 9AI DiagnosticsAI Diagnostics Pty.

    AI Diagnostics Pty.

    Founded 2020Cape Town, South Africa$5.2Mlast round Apr 2026
  10. 10CueFounded -South Africa$5.0Mlast round Jul 2026
  11. 11Refiant AIFounded -South Africa$5.0Mlast round Apr 2026
  12. 12LocstatLocstat is a South African artificial intelligence startup founded in 2016 and based in Cape Town.

    Locstat is a South African artificial intelligence startup founded in 2016 and based in Cape Town.

    Founded 2016Cape Town, South Africa$2.9Mlast round Oct 2025
  13. 13ShiprazorShiprazor is a logistics technology company based in Cape Town, South Africa, founded in 2022 by Sahil Affriya.

    Shiprazor is a logistics technology company based in Cape Town, South Africa, founded in 2022 by Sahil Affriya.

    Founded 2022Cape Town, South Africa$2.6Mlast round May 2026
  14. 14Lelapa AILelapa AI is a Johannesburg-based artificial intelligence research and product lab founded in December 2022 by Pelonomi Moiloa and Jade Abbott.

    Lelapa AI is a Johannesburg-based artificial intelligence research and product lab founded in December 2022 by Pelonomi Moiloa and Jade Abbott.

    Founded -Johannesburg, South Africa$2.6Mlast round Apr 2022
  15. 15Open Access EnergyOpen Access Energy provides energy management software.

    Open Access Energy provides energy management software.

    Founded 2021Cape Town, South Africa$1.8Mlast round Jun 2025
  16. 16The Awareness CompanyThe Awareness Company uses data to tell stories that are useful to humans.

    The Awareness Company uses data to tell stories that are useful to humans.

    Founded 2018South Africa$1.6Mlast round Jan 2025
  17. 17XineohPredicting consumer behaviour with AI.

    Predicting consumer behaviour with AI.

    Founded 2015Sandton, South Africa$1.5Mlast round Feb 2019
  18. 18VitruvianMDVitruvianMD is a South African MedTech company based in Johannesburg, founded in 2020.

    VitruvianMD is a South African MedTech company based in Johannesburg, founded in 2020.

    Founded 2020Johannesburg, South Africa$1.3Mlast round Aug 2023
  19. 19VerascientFounded -South Africa$1.2Mlast round Aug 2026
  20. 20HyperDevFounded -South Africa$1.0Mlast round Jul 2026
  21. 21NOSIBLENosible is the creator of a search engine that helps investors find appropriate investment ideas.

    Nosible is the creator of a search engine that helps investors find appropriate investment ideas.

    Founded 2020South Africa$1.0Mlast round Mar 2025
  22. 22Trade ShieldTrade Shield is a South African predictive SaaS platform specializing in trade credit risk management.

    Trade Shield is a South African predictive SaaS platform specializing in trade credit risk management.

    Founded -Sandton, South Africa$820Klast round Mar 2025
  23. 23TennsaFounded -South Africa$61Klast round Aug 2026
Total fundinghow the list is ranked
15 November 2026updated nightly
Rounds we tracksource: Millionrounds

Companies whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

Who backed them?

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