INFOGRAPHIC: Startup Funding in Africa and the Middle East — Week 14, 2025

While Israel has been in the news for its conflict with Palestine, investor confidence in Israeli tech remains remarkably strong. In 2024, Israeli tech companies raised $10.6 billion in reported funding – a 28% increase from 2023's reported $8.3 billion – while yet-to-be-reported rounds and rounds with undisclosed amounts bring the total to an estimated $12.2 billion, per a Startup Nation Central report.

This week, Israel-based climate food-tech company Brevel raised over $5M in a Seed round extension led by NevaTeam Partners, Siddhi Capital, the European Union’s EIC Fund, Good Protein Fund, The Food Tech Lab, and PVS Investments. This round brings the startup's total investment to $25M, with plans to accelerate its go-to-market strategy and expand its innovative work with microalgae proteins for use in multiple food and beverage applications.

In Israel, another promising startup, LeakZon, a provider of solutions for water loss management, received $5M in Series A funding from Pearl Holdings A.A. LTD and other investors to develop new advanced features and expand its market presence, addressing the urgent need for efficient water management systems in a region facing increasing water scarcity.

For Africa, despite the continent's startup funding dropping in Q1 2025, this current quarter has already seen increased investment, particularly in innovative startups focused on technology, sustainability, and artificial intelligence. For example, Djamo, a Y Combinator-backed neobank based in Côte d'Ivoire, raised $17 million in a new equity round to expand its digital banking suite across Francophone Africa. With over 1 million users across Côte d'Ivoire and Senegal, Djamo is scaling its product offerings for both retail customers and small businesses.

InfiniLink, a semiconductor startup from Egypt, secured $10M in seed funding from global tech giant MediaTek, alongside regional investors like Sukna Ventures and Egypt Ventures. With the capital infusion, it will accelerate its AI-driven data center chip innovation, marking a significant milestone for Egypt’s burgeoning tech ecosystem.

Tanzania’s fast-moving consumer goods (FMCG) distribution company, Sumet, closed $1.5M in pre-seed funding, comprising both equity and debt financing, to revolutionize FMCG distribution in Tanzania, leveraging technology to optimize the supply chain and increase access to essential products across the region.

South Africa, in particular, is showing some exciting developments, as AI startup NOSIBLE bagged $1M in pre-seed funding led by Atlantica Ventures, alongside additional strategic investments from its existing customers. It plans to scale its operations and continue developing cutting-edge AI solutions to drive business intelligence and data analysis in a variety of industries.

In the fintech sector, South African startup Trade Shield secured $820K in funding from FNB’s Vumela Enterprise Development Fund in partnership with Edge Growth to support Trade Shield’s efforts to unlock growth opportunities locally and globally by offering innovative financial solutions designed to combat fraud and enhance financial security.

The funding shows no signs of slowing. As these startups scale, they’re not just raising capital — they’re redefining industries and setting the stage for the next wave of innovation. With fresh investments fueling bold ideas across Africa and the Middle East, it’s clear that the future of tech and sustainability is being shaped right here, right now. The journey is just beginning, and we’re about to witness some game-changing breakthroughs.