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.
Size of the startup market in South Africa from 2020 to 2022, by funding value and number of deals
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StartupBlink. (May 29, 2023). Size of the startup market in South Africa from 2020 to 2022, by funding value and number of deals [Graph]. In Statista. Retrieved March 15, 2025, from https://www.statista.com/statistics/1396443/south-africa-startup-market-size-by-funding-and-deal-count/?__sso_cookie_checker=failed
StartupBlink. "Size of the startup market in South Africa from 2020 to 2022, by funding value and number of deals." Chart. May 29, 2023. Statista. Accessed March 15, 2025. https://www.statista.com/statistics/1396443/south-africa-startup-market-size-by-funding-and-deal-count/?__sso_cookie_checker=failed
StartupBlink. (2023). Size of the startup market in South Africa from 2020 to 2022, by funding value and number of deals. Statista. Statista Inc.. Accessed: March 15, 2025. https://www.statista.com/statistics/1396443/south-africa-startup-market-size-by-funding-and-deal-count/?__sso_cookie_checker=failed
StartupBlink. "Size of The Startup Market in South Africa from 2020 to 2022, by Funding Value and Number of Deals." Statista, Statista Inc., 29 May 2023, https://www.statista.com/statistics/1396443/south-africa-startup-market-size-by-funding-and-deal-count/?__sso_cookie_checker=failed
StartupBlink, Size of the startup market in South Africa from 2020 to 2022, by funding value and number of deals Statista, https://www.statista.com/statistics/1396443/south-africa-startup-market-size-by-funding-and-deal-count/?__sso_cookie_checker=failed (last visited March 15, 2025)
Size of the startup market in South Africa from 2020 to 2022, by funding value and number of deals [Graph], StartupBlink, May 29, 2023. [Online]. Available: https://www.statista.com/statistics/1396443/south-africa-startup-market-size-by-funding-and-deal-count/?__sso_cookie_checker=failed
