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
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
