# Top 10 AI Startups in South Africa by Funding Raised in 2026

> The 10 AI startups in South Africa that raised in 2026 that raised the most in 2026, ranked by money raised this year: $379M combined.

Source: https://millionrounds.com/top-lists/ai-startups-south-africa-raised-2026 (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Perk**](https://millionrounds.com/company/perk) *Founded* 2003 South Africa **$300M** last round Jun 2026
- 2 [**HealthLeap** Solving disease-related malnutrition with a mobile clinical assistant for healthcare professionals.](https://millionrounds.com/company/healthleap) Solving disease-related malnutrition with a mobile clinical assistant for healthcare professionals. *Founded* 2021 San Francisco, South Africa **$38M** last round Oct 2026
- 3 [**Lula** Lula is a prominent South African fintech company focused on enhancing business banking and funding for Small and Medium-sized Enterprises (SMEs).](https://millionrounds.com/company/lula) Lula is a prominent South African fintech company focused on enhancing business banking and funding for Small and Medium-sized Enterprises (SMEs). *Founded* 2014 Cape Town, South Africa **$21M** last round Feb 2026
- 4 [**AI Diagnostics** AI Diagnostics Pty.](https://millionrounds.com/company/ai-diagnostics) AI Diagnostics Pty. *Founded* 2020 Cape Town, South Africa **$5.2M** last round Apr 2026
- 5 [**Cue**](https://millionrounds.com/company/cue) *Founded* - South Africa **$5.0M** last round Jul 2026
- 6 [**Refiant AI**](https://millionrounds.com/company/refiant-ai) *Founded* - South Africa **$5.0M** last round Apr 2026
- 7 [**Shiprazor** Shiprazor is a logistics technology company based in Cape Town, South Africa, founded in 2022 by Sahil Affriya.](https://millionrounds.com/company/shiprazor) Shiprazor is a logistics technology company based in Cape Town, South Africa, founded in 2022 by Sahil Affriya. *Founded* 2022 Cape Town, South Africa **$2.6M** last round May 2026
- 8 [**Verascient**](https://millionrounds.com/company/verascient) *Founded* - South Africa **$1.2M** last round Aug 2026
- 9 [**HyperDev**](https://millionrounds.com/company/hyperdev) *Founded* - South Africa **$1.0M** last round Jul 2026
- 10 [**Tennsa**](https://millionrounds.com/company/tennsa) *Founded* - South Africa **$61K** last round Aug 2026

**Money raised in 2026** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies with a round in 2026 that we track, ranked by what they raised this year. Nobody pays to be on a list.

## More ai lists

[See all](https://millionrounds.com/top-lists?t=AI)

[**AI startups in the United States** 5,643 companies · $718B](https://millionrounds.com/top-lists/ai-startups-united-states)[**AI startups that raised in 2026** 2,919 companies · $540B in 2026](https://millionrounds.com/top-lists/ai-startups-raised-2026)[**AI startups in Europe** 2,500 companies · $63B](https://millionrounds.com/top-lists/ai-startups-europe)[**AI startups in the United States that raised in 2026** 1,645 companies · $431B in 2026](https://millionrounds.com/top-lists/ai-startups-united-states-raised-2026)[**AI startups in San Francisco** 1,275 companies · $321B](https://millionrounds.com/top-lists/ai-startups-san-francisco)[**AI startups founded in 2023** 954 companies · $44B](https://millionrounds.com/top-lists/ai-startups-founded-2023)[**AI startups founded in 2021** 757 companies · $23B](https://millionrounds.com/top-lists/ai-startups-founded-2021)[**AI startups founded in 2020** 656 companies · $14B](https://millionrounds.com/top-lists/ai-startups-founded-2020)

## More lists for South Africa

[See all](https://millionrounds.com/top-lists?r=South%20Africa)

[**Startups in South Africa** 140 companies · $2.8B](https://millionrounds.com/top-lists/startups-south-africa)[**Fintech startups in South Africa** 26 companies · $702M](https://millionrounds.com/top-lists/fintech-startups-south-africa)[**Big Data & Analytics startups in South Africa** 11 companies · $318M](https://millionrounds.com/top-lists/big-data-startups-south-africa)[**IT Services startups in South Africa** 11 companies · $11M](https://millionrounds.com/top-lists/it-services-startups-south-africa)[**E-commerce startups in South Africa** 10 companies · $135M](https://millionrounds.com/top-lists/ecommerce-startups-south-africa)

## Who backed them?

Open any company for its rounds and investors, or search the investors who back AI startups in South Africa that raised in 2026 in the app, with filters, lists and exports.

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