Reports say African startups raised record-smashing $4.3B to $5B in 2021

Reports say African startups raised record-smashing $4.3B to $5B in 2021

2 years ago
Anonymous $CLERCuPQwa

https://techcrunch.com/2022/02/08/reports-say-african-startups-raised-record-smashing-4-3b-to-5b-in-2021/

Last year was record-breaking for African startups. I know I’m probably starting to sound like a broken record, but the astronomical growth is worth highlighting again and again.

In this piece, I spotlighted what influenced this venture capital growth — which, at the time, was pegged at a little over $4 billion. But similarly to years past, the total amount raised by African startups varies among different reports.