Global Courant
Top ten list of artificial intelligence startups in Africa. Image: metamorworks
The world has experienced the advancement 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 giants have invested in AI. According to the McKinsey Global Survey on AI, global adoption of AI technologies will double by the end of 2022 compared to when it started in 2017. As companies get their hands on AI technology, we’ve rounded up the top ten startups by the field of artificial intelligence in Africa.
InstaDeep:
InstaDeep is a Tunis-based AI startup that offers machine learning decision-making systems.
Country: Tunisia
Founded: 2015
Raised: $107,000,000.00
Sama:
Sama delivers 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 multi-award-winning deep learning hyperspectral IoT platform for real-time drug authentication.
Country: Nigeria
Founded: 2016
Raised: $6,607,100.00
Yemaachi Biotechnology:
Yemaachi is a biotech company working to reduce the economic burden of cancer.
Country: Ghana
Founded: 2020
Raised: $4,125,000.00
Xineoh:
Predicting consumer behavior with AI.
Country: South Africa
Founded: 2015
Raised: $3,500,000.00
Curaçao:
Curacel is an AI-powered claims processing and fraud management platform in Africa
Country: Ghana
Founded: 2017
Raised: $3,450,000.00
converted into:
Convertedin is an automation advertising platform for e-commerce and online merchants
Country: Egypt
Founded: 2018
Raised: $3,000,000.00
ImaliPay:
ImaliPay is a digital finance platform that offers tailor-made financial products that promote the integration 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
