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Top Ten List of Artificial Intelligence Start-ups in Africa

The world has experienced the advances and potential of artificial intelligence (AI) including expanded public access to OpenAI's DALL-E 2 AI image and art generator and the public launches of OpenAI's ChatGPT chatbot and Google's Bard AI chatbot. Most tech giant companies have invested in AI. According to McKinsey Global survey on AI, as of

Top Ten List of Artificial Intelligence Start-ups in Africa

Top Ten List of Artificial Intelligence Start-ups in Africa

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Top Ten List of Artificial Intelligence Start-ups in Africa. Image:metamorworks
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The world has experienced the advances and potential of artificial intelligence (AI) including expanded public access to OpenAI’s DALL-E 2 AI image and art generator and the public launches of OpenAI’s ChatGPT chatbot and Google’s Bard AI chatbot. Most tech giant companies have invested in AI. According to McKinsey Global survey on AI, as of the end of 2022, global adoption of AI technologies has increased two times higher than when it started in 2017. With companies getting their hands on AI technology, we’ve selected the top ten list of artificial intelligence start-ups in Africa.

InstaDeep: 

InstaDeep is a Tunis-based AI startup which provides self-learning decision-making systems.

Country: Tunisia

Founded: 2015

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Raised: $107,000,000.00

Sama:

Sama provides high-quality training data that powers AI technology.

Country: Kenya

Founded: 2008

Raised: $84,800,000.00

DataProphet:

DataProphet is a leading global AI provider for Industry 4.0, improving quality and yield in manufacturing

Country: South Africa

Founded: 2013

Raised: $16,000,000.00


RxAll:

RxAll is a multiple-award-winning deep learning-hyperspectral IoT platform for authenticating drugs in real-time.

Country: Nigeria

Founded: 2016

Raised: $6,607,100.00

Yemaachi Biotechnology:

Yemaachi is a biotech company that is working to lower the economic burden of cancer.

Country: Ghana

Founded: 2020

Raised: $4,125,000.00


Xineoh:

Predicting consumer behaviour with AI.

Country: South Africa

Founded: 2015

Raised: $3,500,000.00

Curacel:

Curacel is an AI-powered platform for claims processing and fraud management in Africa

Country: Ghana

Founded: 2017

Raised: $3,450,000.00

Convertedin:

Convertedin is an automation ads platform for eCommerce and online sellers

Country: Egypt

Founded: 2018

Raised: $3,000,000.00

ImaliPay:

ImaliPay is a digital financial platform offering tailored financial products that promote the inclusion of gig economy platforms across Africa.

Country: Nigeria

Founded: 2020

Raised: $3,000,000.00

iXperience:

iXperience is a Cape Town-based edtech company that provides students with industry-focused skills.

Country: South Africa

Founded: 2013

Raised: $2,500,000.00

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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