Cleantech led with $164.5 million; African startups raised $469.9 million in Q1 2025
300+ Words Refined into 3 Facts by AI • 1 source • 11m ago
- In Q1 2025, cleantech attracted $164.5 million, making it the most-funded sector, surpassing fintech.1
- South Africa raised $120.42 million, leading the funding in Q1 2025, followed by Nigeria and Kenya.1
- In Q1 2025, cleantech attracted $164.5 million, becoming the most-funded sector, surpassing fintech.
- South Africa raised $120.42 million, leading the funding, which accounts for 25.6% of the total.
- The total funding for African startups reached $469.9 million, a 27% increase from the previous quarter.
