Trakkr - Africa Startup Funding Updates
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Trakkr - Africa Startup Funding Updates
@trakkr.bsky.social
Telling the African startup story through numbers! 📊 Tracking funding trends and insights on Africa’s startup ecosystem. #AfricanStartups #FundingTrends
Moniepoint raises $90 million in Series C extension funding 🚀💰

📍 Nigeria-based fintech startup Moniepoint has secured $90 million in a Series C extension round, bringing the total Series C to $200 million, to strengthen its foothold across Africa and expand its UK operations. 🌍
October 23, 2025 at 7:00 AM
Full breakdown of all 8 failures, financial mismanagement, and what this means for African tech: buff.ly/Aro4tqU
October 18, 2025 at 6:31 PM
The second half of September brought funding deals across multiple sectors.
From electric mobility in Kenya to Morocco's first homegrown super app, the activity spanned AgriTech, fintech, e-waste recycling, and climate tech.

Here's what closed 🧵
October 8, 2025 at 5:00 AM
Happy Independence Day, Nigeria! 🇳🇬
65 years of independence, decades of innovation.

A thread on Nigerian tech's journey. 🧵
October 1, 2025 at 4:30 PM
Happy new month and welcome to Q4! 🎉

African startups raised ~$750-900M in Q3 2025, up 20-40% YoY.
Top rounds: Kredete ($22M), Koolboks ($11M), Chowdeck ($9M).

2025 on track for $2.5-3B total. Full Q3 report soon.

#AfricanStartups #Trakkr
October 1, 2025 at 1:30 PM
PayPal is deploying $100M across Middle East and Africa for fintech acquisitions and minority stakes.

The payments giant will use PayPal Ventures to back startups building financial infrastructure in the region.
September 29, 2025 at 6:30 PM
🚀🌍 Funding Watchlist Issue #02: September's first half delivered major wins across Africa's startup ecosystem! Check out the standout startups that raised funds this month:
September 17, 2025 at 2:30 PM
🚨 Funding News: Kredete raises $22M in Series A funding 🚀💰

📍 Lagos-based fintech is helping African immigrants build credit and access financial services through stablecoin payments 💱.

The round will fuel global expansion and new product rollouts.
September 16, 2025 at 2:09 PM
This hits different when you've seen it play out countless times. Funding doesn't validate your startup. Customers do.

Let's break down why this distinction could save your company 👇
September 5, 2025 at 10:30 AM
🚀🌍 Funding Watchlist Issue #01: August saw some exciting moves across Africa’s startup ecosystem! Check out the startups that raised funds last month:

A thread 🧵
September 4, 2025 at 8:00 AM
Babban Gona raises $7.5M in debt funding 🚀💰

📍 Lagos, Nigeria-based AI-powered agritech startup Babban Gona has secured $7.5M in a Debt round to expand its franchise model 🌱, provide capital to more smallholder farmers 🌾, and build climate resilience 🌍.
September 3, 2025 at 11:36 AM
Happy New Month! 🎉
September usually brings some of the biggest deals in African tech.
2025 already crossed $2B in funding.

Fresh deal flow is coming.
We’re tracking every round that matters.

What startup are you watching?

— Trakkr
September 1, 2025 at 8:21 AM
🚨 African startups raised $550M in July 2025 across 61 deals! But here’s the twist: debt dominated, making up a staggering 89% of all funding. Let’s dive into how the money moved, top deals, sectors, and what’s next 🧵👇
August 23, 2025 at 8:21 AM
🚀 African startups raised $1.4B in H1 2025, a 78% increase from last year! However, the growth comes with its own set of challenges.
Let’s break down where the money went, what sectors are thriving, and where we need to improve 🧵👇
August 14, 2025 at 8:21 AM
Chowdeck raises $9M in Series A funding 🚀💰

📍 Lagos-based food delivery startup Chowdeck has secured $9M in a Series A round to launch a quick commerce strategy ⚡ and expand into more cities in Nigeria 🇳🇬 and Ghana 🇬🇭.
August 11, 2025 at 8:00 PM
Hello, August.
New month. New momentum.

Let’s keep building, tracking, and backing African innovation.

— The Trakkr Team 🤎
August 2, 2025 at 8:21 AM
🚀 Q1 2025 – African Startups Raised $460M Amidst Shifting Trends: African startups secured around $460 million across 80+ deals in Q1 2025. However, funding activity took a dip in March, marking the second-lowest quarter since 2020.

#AfricanStartups #FundingTrends #Trakkr
July 30, 2025 at 9:10 AM
🚀 Introducing Trakkr: we keep track of African startup funding — from pre-seed to Series A and beyond. We spotlight who’s raising, how much, and where the money’s going.

We’re telling the African startup story through numbers!
#AfricanStartups #VentureCapital #Trakkr
April 4, 2025 at 12:01 PM
Happy New Month & Welcome to Q2! 🎉

At Trakkr, we’re kicking off the new quarter with sharper insights, richer funding data & a bold focus on Africa’s rising startups.

Here’s to more wins, more deals & more stories worth tracking!

#HappyNewMonth #Q2 #AfricanStartups #Trakkr
April 4, 2025 at 11:39 AM