Maxime Bayen ’s graphs are always a treat.

While overall funding levels remain low compared to previous periods, the number of ventures raising $1m+ is starting to pick up. Early signal of a recovery in motion?

Insight 👉 thebigdeal.substack.com/p/q12024contd
Data👉 thebigdeal.gumroad.com

Nigeria and Kenya continue to lead Africa's startup funding scene! Despite a quiet January, February saw a surge in investments, totaling $217 million across 38 startups. Notably, Nigerian tech firm Moove raised $100 million in a Series B round.
More: thebigdeal.substack.com/p/feb2024

thebigdeal.substack.com/p/q12024

Thanks BusinessDayNG for using our insights and data for your article last week 🙏

More insights 👉thebigdeal.substack.com
More data on startups funding in Africa:
👉thebigdeal.gumroad.com

Merci Agence Ecofin d'utiliser nos stats et donnees pour votre article.

Plus de stats 👉 thebigdeal.substack.com
Plus de donnees sur les levees de fonds de startups en Afrique 👉thebigdeal.gumroad.com

Great insights from Africa: The Big Deal on startup funding in Q1 2024. Specifically on #climatetech .

We're proud to have announced 6 investments so far in 2024: thebigdeal.substack.com/p/q12024

Better data on Africa than Crunchbase or Pitchbook for a tiny fraction of the price 😉

Better data on Africa than Crunchbase or Pitchbook for a tiny fraction of the price 😉

In the past quarter, 1$ in 4$ invested into startups in Africa went to climate tech🌳

Proud to have announced no less than 6 investments in this sector in the past 3 months with Catalyst Fund

1Q24 insight👉 thebigdeal.substack.com/p/q12024
Dataset 👉thebigdeal.gumroad.com/l/bQSRD

24% discount available for 24 hours only !!

120+ start-ups in Africa raised a combined $466 million in the first quarter of the year through $100k+ deals and Equity formed the majority of the disclosed funding (71%), with debt making up the rest (28%). #StartUp #Africa
Source: Africa: The Big Deal

To mark the end of 1Q2⃣4⃣, Africa: The Big Deal is offering a 2⃣4⃣% discount on our database. But only for 10 of you and only available for 24 hours ⏰

Here it is 👉 thebigdeal.gumroad.com/l/bQSRD/1Q24

To mark the end of 1Q2⃣4⃣, Africa: The Big Deal is offering a 2⃣4⃣% discount on our database. But only for 10 of you and only available for 24 hours ⏰

Here it is 👉 thebigdeal.gumroad.com/l/bQSRD/1Q24

And it's a wrap for 1Q24! During this first quarter, 1⃣2⃣0⃣+ startups in Africa raised a combined $466 million.

Insights👉thebigdeal.substack.com/p/q12024
Dataset👉thebigdeal.gumroad.com/l/bQSRD

Why we invested 📈 🚀

Across Africa 🌍, SMBs are grappling with unreliable electricity infrastructure face deepening energy access challenges due to climate change.

Earthbond, in Nigeria, meets this need by offering a clean energy marketplace: thecatalystfund.com/insights-blog/…

35% of the active investors deploying funds to startups across Africa are based in Africa. This ratio has never been so high and that’s a great news for the ecosystem.

thebigdeal.substack.com/p/2023investloc

They are all using our insights and database to stay up to date on startups funding in Africa.

And you? 😉

Dataset 👉 thebigdeal.gumroad.com/l/bQSRD
Insights 👉 thebigdeal.substack.com

🔎Startups funding in Africa grew x3 from Jan to Feb '24! Still early - & behind previous years - but I take it as a positive signal.

...and great to see 1/3 of deals are in climate tech🌳(cc Catalyst Fund)

Insights👉thebigdeal.substack.com/p/feb2024
Dataset 👉thebigdeal.gumroad.com/l/bQSRD

🤔Who are the investors currently actively investing into startups in Africa ?

Well, there are actually hundreds and here’s the list:
thebigdeal.gumroad.com