Startup market size in South Africa 2020-2022, by funding and deal count
In 2022, the South African startup market accumulated 95 deals, with an aggregate funding of almost 640.18 million U.S. dollars. This was lower compared to the previous year when 120 deals for startups were closed, with a value of over 1.108 billion U.S. dollars of funding, the highest in the period under review.