Locations

Senegal · Africa

Private financing in Senegal, aggregated from public sources.

$7.2M
Capital raised
3
Companies
3
Rounds
2018
First on record
2024-11-28
Latest round

Cooling Senegal drew over the last 12 months, down 100% versus the prior 12 ($1.0M). Of 2 companies rankable against same-niche peers, 50% model over-valued and 0% under-valued.

Capital flow over time

Quarterly capital raised in Senegal.

2018-Q2 · $3.0M2018-Q22024-Q2 · $3.2M2024-Q22024-Q4 · $1.0M2024-Q4
Sector mix
SectorCompaniesRoundsCapital
Mobility / Logistics11$3.2M
Climate / Cleantech11$1.0M
Top-funded companies
CompanySectorRaisedModeled value
CoinAfrique$3.0M$53.3M
MaadMobility / Logistics$3.2M$12.7M
SolarboxClimate / Cleantech$1.0M$3.5M
More in Africa

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Frequently asked
How much venture funding have companies in Senegal raised?
Companies based in Senegal have raised approximately $7.2M across 3 recorded financing rounds among 3 companies, aggregated from public sources.
Is startup funding in Senegal growing?
Senegal funding is currently cooling: capital raised over the last 12 months was down 100% versus the prior 12 months.
What sectors are most active in Senegal?
The most active sectors in Senegal by recorded financing are Mobility / Logistics, Climate / Cleantech. See the sector mix table for company and round counts.
Which are the most-funded companies in Senegal?
The most-funded Senegal companies in our coverage include CoinAfrique, Maad, Solarbox. See the ranked table for disclosed capital and modeled valuations.