About startup landscape in Cameroon
Cameroon has over 2,086 startups across the country. Of these, 148 are funded companies that have collectively raised $321M in venture capital and private equity. A total of 100 investors have participated in 154 funding rounds, with 6 startups securing early-stage funding. In the last five years, 378 new companies have been founded, raising over $300K in funding. Startups in Cameroon have witnessed 3 acquisitions and 17 IPOs, while 373 startups wrapped up operations. Additionally, 25 companies have been founded by women.
Top Companies in Cameroon
Camtel is the top company in Cameroon, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Cameroon:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Integrated telecom and IPTV services provider | Yaounde (Cameroon) | 1998 | Funding Raised | - | |
Provider of mobile network services and digital products. It offers mobile telephony, internet access, and a range of digital services including mobile financial services, entertainment content, and educational resources. The company also provides equipment such as smartphones and tablets, and accessories. Support services include online assistance and customer care. A loyalty program and premium offerings are also available. | Douala (Cameroon) | 1999 | Unfunded | - | |
App-based trading platform for cryptocurrency | Douala (Cameroon) | 2019 | Series A | $10M | |
Provider of telehealth and consultation platform for healthcare providers and patients | Douala (Cameroon) | 2020 | Seed | $5.2M | |
Commercial bank | Yaounde (Cameroon) | 1987 | Unfunded | - |
Recent Funding Rounds in Cameroon
In the year 2025, till December 2025, $5.82M has been raised in 1 equity
funding round across Cameroon. In the same period last year (i.e. till January 2024), $200K had been raised across 1 round in Cameroon. So, 2025 has seen a 2809.07% rise in funding in companies of Cameroon as compared to 2024.
Here are some recent, important funding rounds in Cameroon:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 4743 | Dec 10, 2025 | ||
Seed | 2376 | Jan 03, 2024 | and 4 more | |
Series A | 9930 | Dec 28, 2023 | ||
Seed | 9645 | Nov 22, 2023 | ||
Series A | 7913 | Aug 22, 2023 |
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- 2.1K+ Total Companies
- $321M+ Total Funding
- 145+ Funded Companies
- 15+ IPOs
- 3 Acquisitions
Top Investors in Cameroon
Europa is the top investor in companies of Cameroon based on number of companies invested.
Here are some top investors in Cameroon:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
Paris (France) | ||
Buea (Cameroon) | ||
Yaounde (Cameroon) |
Acquisitions in Cameroon
In the year 2021, till November 2021, 1 acquisition happened in Cameroon.
Here are some recent, important acquisitions in Cameroon:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Nov 24, 2021 | ||
Business Acquisition | May 19, 2014 | ||
Business Acquisition | Jul 10, 2003 |
Top News about startups in Cameroon
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