About startup landscape in Togo
Togo has over 399 startups across the country. Of these, 47 are funded companies that have collectively raised $2.29B in venture capital and private equity. A total of 66 investors have participated in 77 funding rounds, with 4 startups securing early-stage funding. In the last five years, 89 new companies have been founded. Startups in Togo have witnessed 5 acquisitions, while 82 startups wrapped up operations.
Top Companies in Togo
Gozem is the top company in Togo, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Togo:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Operator of digital platforms for transportation delivery and financial services | Lome (Togo) | 2018 | Series B | $48.5M | |
Commercial bank | Lome (Togo) | 1985 | Public | $7.05M | |
Wholesale fiber network services provider | Nairobi (Kenya) | 1995 | Series C | $125M | |
App-based platform to book airline tickets | Lome (Togo) | 2008 | Series A | $9.8M | |
Development bank | Lome (Togo) | 1973 | Funding Raised | - |
Recent Funding Rounds in Togo
In the year 2025, till February 2025, $15M has been raised in 1 equity
funding round across Togo.
Here are some recent, important funding rounds in Togo:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 3049 | Feb 26, 2025 | ||
Series C | 2053 | Nov 14, 2023 | ||
Series A | 8167 | Aug 24, 2023 | ||
Seed | 2867 | Jun 28, 2023 | ||
Seed | 5707 | Jun 20, 2023 |
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- 395+ Total Companies
- $2.29B+ Total Funding
- 45+ Funded Companies
- 1 IPOs
- 5 Acquisitions
Top Investors in Togo
Europa is the top investor in companies of Togo based on number of companies invested.
Here are some top investors in Togo:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
Abidjan (Ivory Coast) | ||
Washington, DC (United States) | ||
Nairobi (Kenya) |
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Acquisitions in Togo
In the year 2020, till November 2020, 3 acquisitions happened in Togo. Last year, in 2019, a total of 1 acquisition happened in Togo.
Here are some recent, important acquisitions in Togo:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Nov 20, 2020 | ||
Acqui-Hired | Oct 20, 2020 | ||
Acqui-Hired | Oct 20, 2020 | ||
Business Acquisition | Nov 07, 2019 | ||
Business Acquisition | Jan 27, 2015 |
IPOs in Togo
In the year 2006, till September 2006, 1 IPO happened in Togo.
Here are some recent, important IPOs in Togo:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 11, 2006 | Natural Gas Exchange (NGX) |
Top News about startups in Togo
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Gozem To Launch Its Mobile Money Service In The 4th Quarter Of 2024 In TogoEcofin Agency•Sep 12, 2024•Gozem, Nsia Banque
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Gozem, DT One Partner to Simplify Mobile Airtime Recharge in Africa, Starting with BeninTechMoran•Feb 18, 2023•Gozem, DT One
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IFC and Super App Gozem have signed a partnership deal worth $10 millionTech In Africa•Jun 13, 2022•IFC, Gozem, financialcommission
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Sabre highlights remote delivery of key applicationTrade Arabia•Jul 08, 2021•Sabre, ASKY, Vietnam Airlines, Gulf Air and 1 other
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Gozem launches ride-hailing service in Gabon in first expansion into Central AfricaTech In Africa•May 07, 2021•Gozem
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West African Tech Startup Partners With French Ride-hailing Company Co-founderVentureburn•Feb 26, 2021•Gozem, Chauffeur Prive
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After Lomé and Kara, Gozem expands services to third cityAfrica Business Communities•Feb 10, 2021•Gozem
