Three charts showing how African startups raised $89.6M in November 2023

In November 2023, African startups secured $89.6 million in VC funding, across 17 announced deals. Per BD Funding Tracker, it is a 42.63% decline from the previous month.

How is BD Funding Tracker curated?

BD Funding Tracker is a comprehensive data bank on venture capital in Africa. This is how we cover the real-time inflow of deals across the continent.

Echelon Capital to invest $1 million in early-stage startups, calls for applications.

Echelon Capital is looking to invest millions of dollars in African tech and non-tech startups, beginning with a $1 million rolling fund.