About startup landscape in Senegal
Senegal has over 1,539 startups across the country. Of these, 232 are funded companies that have collectively raised $640M in venture capital and private equity. A total of 121 investors have participated in 260 funding rounds, with 6 startups securing early-stage funding. In the last five years, 296 new companies have been founded, raising over $4M in funding. Startups in Senegal have witnessed 17 acquisitions and 5 IPOs, while 159 startups wrapped up operations. Additionally, 35 companies have been founded by women.
Top Companies in Senegal
Partech Partners is the top company in Senegal, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Senegal:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Global tech investment firm | Paris (France) | 1982 | Funding Raised | - | |
Diversified conglomerate operating across multiple industries | Dakar (Senegal) | 1985 | Funding Raised | - | |
App-based listing platform for pre-owned products | Dakar (Senegal) | 2014 | Acquired | $3.09M | |
Cloud-based messaging solutions for businesses | Dakar (Senegal) | 2013 | Series A | $6.87M | |
Online platform offering multi-category products and services | Dakar (Senegal) | 2008 | Unfunded | - |
Recent Funding Rounds in Senegal
In the year 2026, till September 2026, $3.06M has been raised in 3 equity
funding rounds across Senegal. In the same period last year (i.e. till June 2025), $10M had been raised across 1 round in Senegal. So, 2026 has seen a 69.4% drop in funding in companies of Senegal as compared to 2025.
Here are some recent, important funding rounds in Senegal:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 5719 | Sep 30, 2026 | ||
Seed | 3913 | Feb 28, 2026 | - | |
Seed | 9603 | Feb 19, 2026 | ||
Seed | 6592 | Jun 11, 2025 | ||
Seed | 8291 | Dec 16, 2024 |
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- 1.5K+ Total Companies
- $640M+ Total Funding
- 230+ Funded Companies
- 5 IPOs
- 15+ Acquisitions
Top Investors in Senegal
Europa is the top investor in companies of Senegal based on number of companies invested.
Here are some top investors in Senegal:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Paris (France) | ||
Dakar (Senegal) | ||
Washington, DC (United States) | ||
Dakar (Senegal) |
Acquisitions in Senegal
In the year 2026, till September 2026, 1 acquisition happened in Senegal. Last year, in 2025, a total of 2 acquisitions happened in Senegal.
Here are some recent, important acquisitions in Senegal:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 02, 2026 | ||
Business Acquisition | May 12, 2025 | ||
Business Acquisition | Apr 03, 2025 | ||
Business Acquisition | Sep 25, 2024 | ||
Business Acquisition | May 21, 2024 |
IPOs in Senegal
In the year 1999, till January 1999, 1 IPO happened in Senegal.
Here are some recent, important IPOs in Senegal:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jan 15, 1999 | Euronext Exchange (Euronext) |
Top News about startups in Senegal
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InTouch and GTP Partner to unlock cross-border paymentsBusiness Money•Jun 02, 2023•Global Technology Partners, Touch
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Catalyst Fund Announces $2 Million Investment into 10 African StartupsKenyan Wall Street•Jan 10, 2023•BFA, FSD Africa, Agrosupply, Assuraf and 8 others
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KenTrade Customers to Enjoy Premium Services in New DealSoko Directory•Sep 16, 2021•KenTrade, GAINDE 2000, Ecobank, Cellulant
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Intouch Has Announced A Strategic Partnership With Cfao GroupFinancial IT•Jul 08, 2021•Touch, CFAO Group, Mobility 54, TotalEnergies and 1 other
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