Grant & Venture Funding Data
Below you can find grant and venture funding data from 180+ rounds for projects in African crypto ecosystem. See notes below for more details.
Use search to filter and columns to sort. (e.g. search for “grant” or “unicef”)
Use search to filter and columns to sort.
(e.g. search for “grant” or “unicef”)
| Project | Type | Announced | Amount | Lead Investor/Grantor | Category | Website | Announcement |
|---|---|---|---|---|---|---|---|
| Africa Blockchain Institute | Grant | 10/03/2021 | * | Algorand Foundation | Education |  | |
| AfricaDAO | - | 10/08/2022 | $20,000,000 | BitDAO | Investment DAO | | |
| African Digital Art (Nandi) | Grant | 23/03/2022 | * | Celo Foundation | NFT Marketplace | | |
| Afriex | Seed | 23/03/2021 | $1,200,000 | Launch Africa; Y Combinator** | Remittance; Payments | | |
| Afriex | Series A | 25/04/2022 | $10,000,000 | Sequoia Capital China; Dragonfly Capital | Remittance; Payments | | |
| Afriguild | Seed | 22/07/2022 | * | - | Gaming; Guild | | |
| Afropolitan | Pre-seed | 20/06/2022 | $2,100,000 | - | Super App | | |
| Afya Rekod | Seed | 02/02/2022 | $2,000,000 | Mac Venture Capital | Healthcare | | |
| Algorand-UCT Finhub | Grant | 27/10/2021 | $2,600,000 | Algorand Foundation | Research; Education | | |
| Amply (Trustlab) | Grant | 15/11/2016 | $99,000 | UNICEF Innovation Fund | Identity; Education | | |
| Appzone | - | 11/06/2014 | * | Business Connexion (BCX) | Layer-1; Payments; Remittance | | |
| Appzone | Seed | 09/04/2018 | * | Lateral Capital | Layer-1; Payments; Remittance | | |
| Appzone | Grant | 27/08/2018 | $110,000 | Google Launchpad Africa Accelerator | Layer-1; Payments; Remittance | | |
| Appzone | Series A | 12/04/2021 | $10,000,000 | CardinalStone | Layer-1; Payments; Remittance | | |
| AyokenLabs | Pre-seed | 30/05/2022 | $1,400,000 | - | NFT Marketplace | | |
| AZA Finance (f.k.a. Bitpesa) | Seed | 29/05/2014 | $650,000 | Digital Currency Group | Remittance; Payments | | |
| AZA Finance (f.k.a. Bitpesa) | - | 09/02/2015 | $1,100,000 | Pantera Capital | Remittance; Payments | | |
| AZA Finance (f.k.a. Bitpesa) | - | 29/02/2016 | $1,500,000 | BitFury Capital | Remittance; Payments | | |
| AZA Finance (f.k.a. Bitpesa) | Series A | 30/01/2017 | $2,500,000 | Draper Associates | Remittance; Payments | | |
| AZA Finance (f.k.a. Bitpesa) | Series A | 31/08/2017 | $6,700,000 | Greycroft Partners | Remittance; Payments | | |
| AZA Finance (f.k.a. Bitpesa) | - | 23/11/2018 | $5,000,000 | Sompo Holdings | Remittance; Payments | | |
| AZA Finance (f.k.a. Bitpesa) | Debt Finance | 22/10/2019 | $15,000,000 | Development Bank of Southern Africa | Remittance; Payments | | |
| AZA Finance (f.k.a. Bitpesa) | Series B | 28/04/2021 | $20,000,000 | - | Remittance; Payments | | |
| Bailport | - | 21/03/2022 | $120,000 | Filecoin Techstars Accelerator | Remittance; Payments | | |
| Bailport | - | 06/09/2022 | $100,000 | Google Black Founders Fund | Remittance; Payments | | |
| Benkiko Finance | Grant | 21/12/2021 | $40,000 | Stellar Community Fund | Remittance; Payments | | |
| Binusu USSD | Grant | 18/10/2021 | * | Celo Foundation | Exchange; USSD | | |
| Bitflex | Grant | - | * | Celo Foundation | Remittance; Payments; UBI | | |
| Bitmama | - | 14/08/2018 | * | GreenHouse Lab; Google Developers Launchpad | Exchange | | |
| Bitmama | Grant | 05/08/2020 | $50,000 | Celo Foundation | Exchange | | |
| Bitmama | Pre-seed | 04/10/2021 | $350,000 | Flori Ventures | Exchange; Payments | | |
| BItmama | Pre-seed | 9/9/2022 | $1,650,000 | Unicorn Growth Capital; Launch Africa | Exchange | | |
| Bitsika | Seed | 12/06/2019 | $120,000 | Binance Incubation Program | Remittance; Payments | | |
| Bitsika | - | 12/12/2019 | $65,000 | Microtraction | Remittance; Payments | | |
| BoundlessPay | Grant | 05/08/2020 | * | Celo Foundation | Remittance; Payments | | |
| Brian Ahimbisibwe | Grant | 18/10/2021 | * | Celo Foundation | Education | | |
| Bundle Africa | Pre-seed | 23/04/2020 | $450,000 | Binance | Exchange | | |
| Bundle Africa | Grant | 23/03/2022 | * | Celo Foundation | Exchange | | |
| Busha | Seed | 23/11/2021 | $4,200,000 | Jump Capital | Exchange | | |
| Canza Finance | Pre-seed | 13/12/2020 | $80,000 | Filecoin Launchpad Accelerator; Tachyon | DeFi | | |
| Canza Finance | Pre-seed | 01/01/2021 | $100,000 | Flori Ventures | DeFi | | |
| Canza Finance | Seed | 22/02/2022 | $3,270,000 | Fenbushi Capital | DeFi | | |
| Canza Finance | Grant | 23/03/2022 | * | Celo Foundation | DeFi | | |
| Carmachain | Pre-seed | 09/09/2020 | $50,000 | Microtraction | Alternative Credit Data; Lending | | |
| Carmachain | Pre-seed | 18/11/2021 | $125,000 | CV Labs | Alternative Credit Data; Lending | | |
| Carry1st | Seed | 15/08/2018 | $1,500,000 | - | Gaming | | |
| Carry1st | Seed | 28/05/2020 | $2,500,000 | CRE Venture Capital | Gaming | | |
| Carry1st | Series A | 04/05/2021 | $6,000,000 | Konvoy Ventures | Gaming | | |
| Carry1st | Series A Extension | 19/02/2022 | $20,000,000 | a16z | Gaming | | |
| Cassava Network | Seed | 07/05/2022 | $8,000,000 | - | NFT Marketplace; Rewards | | |
| Chekkit | Grant | 30/08/2019 | * | Merk Accelerator Africa | Supply Chain | | |
| Chekkit | Grant | 02/04/2020 | * | Merk Accelerator | Supply Chain | | |
| Chekkit | - | 02/02/2021 | * | Orange Corners Innovation Fund | Supply Chain | | |
| Chekkit | Pre-seed | 10/08/2021 | $500,000 | - | Supply Chain | | |
| Chimoney | Grant | 18/10/2021 | * | Celo Foundation | Remittance; Payments; Airtime | | |
| Chipper Cash | Seed | 09/05/2019 | $2,400,000 | Deciens Capital | Exchange; Remittance; Payments | | |
| Chipper Cash | Grant | 27/06/2019 | $60,000 | Catalyst Fund | Exchange; Remittance; Payments | | |
| Chipper Cash | Seed | 17/12/2019 | $6,000,000 | Deciens Capital | Exchange; Remittance; Payments | | |
| Chipper Cash | Series A | 17/06/2020 | $13,800,000 | Deciens Capital | Exchange; Remittance; Payments | | |
| Chipper Cash | Series B | 19/11/2020 | $30,000,000 | Ribbit Capital | Exchange; Remittance; Payments | | |
| Chipper Cash | Series C | 31/05/2021 | $100,000,000 | SVB Capital | Exchange; Remittance; Payments | | |
| Chipper Cash | Series C Extension | 02/11/2021 | $150,000,000 | FTX | Exchange; Remittance; Payments | | |
| ChromePay | Grant | 20/09/2022 | * | Fuse | Payments; Remittance; Identity | | |
| Colony Lab | Seed | 21/10/2021 | $1,000,000 | Avalanche Foundation; Foresight Ventures; GBV Capital; | Investment DAO | | |
| Colony Lab | Seed | 30/11/2021 | $18,500,000 | Avalanche Foundation | Investment DAO | | |
| Comiblock | Pre-seed | 26/09/2022 | * | Expert Dojo Accelerator | Exchange; Indexing | | |
| Cowrie Exchange | Pre-seed | 17/03/2021 | $750,000 | Stellar Enterprise Fund | Remittance; Payments | | |
| Crypto University | Grant | 05/08/2020 | * | Celo Foundation | Education | | |
| CryptoSavannah | Grant | 05/08/2020 | * | Celo Foundation | Web3 Solutions | | |
| DeFiHorse | Seed | 09/12/2021 | $5,000,000 | - | NFTs; Gaming | | |
| Defimable (f.k.a. Farmbit) | Seed | 23/11/2021 | $240,000 | - | DeFi; Trade Finance | | |
| Diagon Studios | Seed | 16/09/2022 | * | Adaverse | Gaming | | |
| Dunia Payment | Grant | 2018 | $100,000 | Government of Burkina Faso | Remittance; Payments | | |
| Dunia Payment | Grant | 05/08/2020 | * | Celo Foundation | Remittance; Payments | | |
| Dunia Payment | Grant | 04/06/2021 | * | Invest Ottawa Accelerator | Remittance; Payments | | |
| Dunia Payment | Pre-seed | 07/02/2021 | $400,000 (CAD) | Capital Angel Network | Remittance; Payments | | |
| E4E | Grant | 08/03/2022 | * | Algorand Foundation | Education | | |
| Ejara | Seed | 07/10/2021 | $2,000,000 | CoinShares Ventures; Anthemis Group | Exchange | | |
| Emerging Impact (Umoja Labs) | Grant | 05/08/2020 | * | Celo Foundation | DeFi; Lending | | |
| Emerging Impact (Umoja Labs) | Seed | 06/12/2021 | $1,500,000 | - | DeFi; Lending | | |
| Fidelis Loans | Grant | 05/05/2022 | * | Algorand Foundation | DeFi; Lending | | |
| FlexID | Grant | 05/05/2020 | * | Algorand Foundation | Digital Identity | | |
| FlexID | - | 25/05/2022 | * | Algorand Foundation | Digital Identity | | |
| Float Capital | Seed | 12/04/2022 | $5,000,000 | - | DeFi | | |
| Flux | Seed | 22/03/2021 | $125,000 | Y Combinator | Remittance; Payments | | |
| Fonbnk | Pre-seed | 18/07/2021 | $120,000 | Western Union Techstars Accelerator | DeFi; Airtime; Stablecoins | | |
| Fonbnk | Seed | 01/03/2022 | $3,500,000 | New Form Capital | DeFi; Airtime; Stablecoins | | |
| Gaiachain Lab | Grant | 26/03/2021 | * | Algorand Foundation | Environmental; Climate Change | | |
| GetPaid | Grant | 21/12/2021 | $192,500 | Stellar Community Fund | Freelance Services | | |
| Grassroots Economics | Grant | 09/06/2021 | $104,000 | UNICEF Innovation Fund | Payments; Sarafu; Non-profit; USSD | | |
| H20 Securities | - | 04/07/2022 | $150,000,000 | GEM Digital | DeFi; Physical Infrastructure | | |
| Hashgreed | Seed | 26/07/2022 | $1,000,000 | - | NFT Marketplace | | |
| Helicarrier (f.k.a. Buycoins) | Pre-seed | 27/06/2018 | * | Microtraction | Exchange; Remittance; Payments | | |
| Helicarrier (f.k.a. Buycoins) | Seed | 20/08/2018 | $125,000 | Y Combinator | Exchange; Remittance; Payments | | |
| Helicarrier (f.k.a. Buycoins) | Seed | 25/03/2019 | $1,100,000 | - | Exchange; Remittance; Payments | | |
| HouseAfrica | Pre-seed | 18/11/2021 | $125,000 | CV Labs | Real Estate | | |
| impactMarket | Grant | 18/10/2021 | * | Celo Foundation | Universal Basic Income | | |
| impactMarket | ICO/IDO | 22/12/2021 | $500,000 | - | Universal Basic Income | | |
| impactMarket | Pre-seed; Seed | 26/01/2022 | $1,600,000 | Celo Foundation; Davoa Capital; Flori Ventures; Eutopia Foundation; Valora | Universal Basic Income | | |
| Jambo | Seed | 21/02/2022 | $7,500,000 | - | Super App | | |
| Jambo | Series A | 10/05/2022 | $30,000,000 | Paradigm | Super App | | |
| JASIRI Protocol (Safariblocks) | Grant | 21/01/2022 | * | Algorand Foundation | DeFi | | |
| Jordan Muthemba | Grant | 18/10/2021 | * | Celo Foundation | Education | | |
| Kanzucode | Grant | 05/08/2020 | * | Celo Foundation | DeFi; USSD | | |
| Kappa Pay | Pre-seed | 14/10/2021 | $2,100,000 | Morningside | Remittance; Payments | | |
| Kotani Pay | Grant | 05/08/2020 | * | Celo Foundation | Remittance; Payments; USSD | | |
| Kotani Pay | Grant | 04/12/2020 | $100,000 | Bablylon Project Hackathon | Remittance; Payments; USSD | | |
| Kotani Pay | Grant | 09/06/2021 | $51,000 | UNICEF Innovation Fund | Remittance; Payments; USSD | | |
| Kotani Pay | Seed | 20/01/2022 | $800,000 | - | Remittance; Payments; USSD | | |
| Leaf Global Fintech | Pre-seed | 10/06/2019 | $120,000 | Western Union Techstars Accelerator | Remittance; Payments | | |
| Leaf Global Fintech | Grant | 24/06/2019 | $100,000 | Catalyst Fund | Remittance; Payments; USSD | | |
| Leaf Global Fintech | Grant | 02/02/2020 | $250,000 | Colorado OEDIT | Remittance; Payments; USSD | | |
| Leaf Global Fintech | Grant | 26/04/2021 | $249,113 | Stellar Community Fund | Remittance; Payments; USSD | | |
| Leaf Global Fintech | Grant | 09/06/2021 | $100,600 | UNICEF Innovation Fund | Remittance; Payments; USSD | | |
| Link IO | Grant | 05/07/2022 | $50,000 | Stellar Community Fund | Remittance; Payments | | |
| Mara | Seed | 11/05/2022 | $23,000,000 | - | Exchange | | |
| Mazzuma | Pre-seed | 18/11/2021 | $125,000 | CV Labs | Remittance; Payments | | |
| Metaverse Magna | Seed | 05/09/2022 | $3,200,000 | Nestcoin; Old Fashion Research | Gaming; Guild; DAO | | |
| Mint Condition | Grant | 01/06/2022 | * | Africa Blockchain Institute; NEAR | NFT Marketplace | | |
| Nestcoin | Pre-seed | 01/02/2022 | $6,450,000 | - | Web3 | | |
| NFTFi | Seed | 25/02/2021 | $890,000 | - | NFTs; Lending | | |
| NFTFi | Seed | 16/11/2021 | $5,000,000 | 1kx | NFTs; Lending | | |
| Octopus Network | Seed | 02/04/2021 | $3,000,000 | - | Platform; NEAR | | |
| Octopus Network | Series A | 06/09/2021 | $5,000,000 | - | Platform; NEAR | | |
| Ovex | Seed | 03/04/2019 | * | Newtown Partners | Exchange | | |
| Ovex | Seed | 31/05/2019 | * | Invictus Capital | Exchange | | |
| Ovex | - | 31/03/2021 | $4,000,000 | Alameda Research | Exchange | | |
| Payourse | Pre-seed | 01/12/2021 | $600,000 | - | Payments; Remittance; Infrastructure | | |
| Payourse | - | 30/03/2022 | $500,000 | Y Combinator | Payments; Remittance; Infrastructure | | |
| Pesabase | Grant | 05/08/2020 | * | Celo Foundation | Remittance; Payments | | |
| Pezesha | - | 20/06/2017 | * | DFS Lab | Alternative Credit Scoring; Lending | | |
| Pezesha | Seed | 07/08/2018 | $550,000 | Consonance Investment Managers | Alternative Credit Scoring; Lending | | |
| Pezesha | Grant | 11/03/2020 | €3,000 | CATAPULT: Inclusion Africa Bootcamp | Alternative Credit Scoring; Lending | | |
| Pezesha | - | 07/10/2020 | $30,000 | Seedstars | Alternative Credit Scoring; Lending | | |
| Pezesha | Seed Extension | 07/09/2021 | $1,000,000 | GreenHouse Capital | Alternative Credit Scoring; Lending | | |
| Pezesha | Grant | 06/10/2021 | $100,000 | Google Black Founders Fund | Alternative Credit Scoring; Lending | | |
| Pezesha | Grant | 19/10/2021 | * | Celo Foundation | Alternative Credit Scoring; Lending | | |
| Pezesha | Pre-Series A | 30/08/2022 | $6,000,000 | Women's World Banking Capital Partners II | Alternative Credit Scoring; Lending | | |
| Pezesha | Debt Finance | 30/08/2022 | $5,000,000 | Talanton; Verdant Capital Specialist Funds | Alternative Credit Scoring; Lending | | |
| Phishfort | Seed | 12/06/2019 | $120,000 | Binance Incubation Program | Anti-phishing | | |
| Pollen (Fourth Line) | Grant | 05/08/2020 | * | Celo Foundation | Agriculture; Lending; USSD | | |
| Pravica | Pre-seed | 01/05/2020 | $500,000 | 500 Startups | Identity; Communication | | |
| Pravica | Pre-seed | 23/06/2021 | $50,000 | Stacks Accelerator | Identity; Communication | | |
| Pravica | Pre-seed | 18/11/2021 | $125,000 | CV Labs | Identity; Communication | | |
| Proof of Impact | Seed | 15/12/2021 | $2,300,000 | Altera Private; Chadd Evans | ESG; Impact Data | | |
| Proof of Impact | Pre-Series A | 02/08/2022 | $6,000,000 | Rakuten Capital | ESG; Impact Data | | |
| Pyypl | Series A | 09/02/2022 | $11,000,000 | - | Remittance; Payments | | |
| Quidroo | Grant | 21/12/2021 | $35,000 | Stellar Community Fund | Invoice Financing | | |
| Raise | Seed | 12/06/2019 | $120,000 | Binance Incubation Program | Fundraising; Equity Management | | |
| Raise | Seed | 24/02/2021 | $25,000 | Microtraction | Fundraising; Equity Management | | |
| Reitfast | Grant | 01/06/2022 | * | Africa Blockchain Institute; NEAR | Real Estate | | |
| Revix | - | 16/04/2019 | $794,000 | Sabvest | Exchange; Indexing | | |
| Revix | - | 14/04/2021 | * | Berkeley Blockchain Xcelerator | Exchange; Indexing | | |
| Revix | - | 14/04/2021 | * | Qatar Fintech Hub incubator & Accelerator Program | Exchange; Indexing | | |
| Revix | Pre-Series A | 14/04/2021 | $4,100,000 | - | Exchange; Indexing | | |
| Sargo (f.k.a. Wakaladao) | Grant | 23/03/2022 | * | Celo Foundation | Payments | | |
| Sentit | Grant | 05/07/2022 | $55,000 | Stellar Community Fund | Remittance; Payments | | |
| Sentit | Grant | 20/05/2020 | $26,700 | Stellar Community Fund | Remittance; Payments | | |
| Seso Global | - | 16/03/2021 | * | Yale Africa Startup Review | Real Estate | | |
| Seso Global | Pre-seed | 23/07/2021 | $600,000 | Kepple Africa Ventures; Rising Tide Africa; Moabi Group | Real Estate | | |
| Seso Global | Seed | 01/07/2022 | * | - | Real Estate | | |
| Smilepay | Grant | 06/07/2022 | $50,000 | Stellar Community Fund | Remittance; Payments | | |
| Stakefair | Pre-seed | 13/07/2022 | $670,000 | - | DeFi | | |
| Stax | Seed | 16/09/2022 | $500,000 | Stellar Development Foundation | Payments | | |
| Syarpa | Angel | 11/01/2022 | $315,000 | CrossFund | Remittance; Payments | | |
| Syarpa | Pre-seed | 22/04/2022 | $500,000 | CrossFund; FirstFounders | Remittance; Payments | | |
| Tigere Housing | Grant | 01/06/2022 | * | Africa Blockchain Institute; NEAR | Real Estate; Alternative Credit Scoring | | |
| UmojaLands | Grant | 23/07/2020 | $1,250 | Tech Hub Harare | Agriculture; Lending | | |
| UmojaLands | Grant | 01/06/2022 | * | Africa Blockchain Institute; NEAR | Agriculture; Lending | | |
| United Africa Blockchain Association | Grant | 05/08/2020 | * | Celo Foundation | Advocacy; Non-profit | | |
| VALR | Seed | 28/02/2019 | $1,500,000 | Bittrex; Montegray Capital | Exchange | | |
| VALR | Series A | 21/07/2020 | $3,400,000 | 100x Ventures | Exchange | | |
| VALR | Grant | 05/08/2020 | * | Celo Foundation | Exchange | | |
| VALR | Series B | 01/03/2022 | $50,000,000 | Pantera Capital | Exchange | | |
| Vibra | Seed | 08/12/2021 | $6,000,000 | Dragonfly; Hashkey; Lateral Frontiers | Exchange | | |
| Web3Ladies | Grant | 08/08/2022 | * | Polygon | Education | | |
| Wicrypt | - | 08/11/2021 | $1,500,000 | AU21 Capital | Internet Access | | |
| Xend Finance | Seed | 12/06/2019 | $120,000 | Binance Incubation Program | DeFi | | |
| Xend Finance | - | 13/09/2019 | * | Google Launchpad Africa Accelerator | DeFi | | |
| Xend Finance | Seed | 26/05/2020 | * | LongHash Incubation Program | DeFi | | |
| Xend Finance | Seed | 04/11/2020 | $1,500,000 | - | DeFi | | |
| Xend Finance | Seed | 09/02/2021 | $500,000 | NGC Ventures; Hashkey | DeFi | | |
| Yellow Card | Seed | 28/08/2020 | $1,500,000 | - | Exchange | | |
| Yellow Card | Series A | 29/12/2021 | $15,000,000 | Valar Ventures; Third Prime; Castle Island Ventures | Exchange | | |
| Yellow Card | - | 30/03/2022 | * | Yale Africa Startup Review | Exchange | | |
| Yellow Card | Series B | 19/09/2022 | $40,000,000 | Polychain | Exchange | | |
Notes
1. This data is aggregated using announcements and other reports on funding. If a cell has a dash, it means no information was specified for that field in the sources found.
2. Only publicly disclosed data is aggregated.
3. The only time undisclosed data will be included is if it is disclosed to us by a data owner (e.g. team/investor/grantor).
4. Older funding rounds are sometimes disclosed in announcements for later funding rounds. In those instances, we will use the new announcement as back-up for the older round.
5. Occasionally, public sources will contradict each other on certain details regarding the same funding round. In those instances, we exercise our judgment as to which one we believe to be accurate.
6. Projects are added to this database based on a number of factors that include domicile, location of operations, founders or stated strategy.
* The amount was not disclosed.
** Y Combinator was not the lead in this transaction and is included here only to facilitate easy searching of YC companies.
This is a living document. We welcome corrections and submissions of data. Feel free to contact us.
