About startup landscape in Tonga
Tonga has over 99 startups across the country. Of these, 12 are funded companies that have collectively raised $3.5M in venture capital and private equity. In the last five years, 23 new companies have been founded, raising over $2.5M in funding. Startups in Tonga have witnessed 3 acquisitions, while 33 startups wrapped up operations.
Top Companies in Tonga
Phonto is the top company in Tonga, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Tonga:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Mobile photo editing app to add text to the photos | 2014 | Unfunded | - | ||
Online platform offering Bible in multiple languages | 2019 | Unfunded | - | ||
Developer of layer two protocol for Bitcoin | 2024 | Seed | $2.5M | ||
Provider of software for managing and organizing data and online resources | - | Unfunded | - | ||
Platform offering event planning and management solutions | 2022 | Unfunded | - |
Recent Funding Rounds in Tonga
In the year 2024, till August 2024, $2.5M has been raised in 1 equity
funding round across Tonga.
Here are some recent, important funding rounds in Tonga:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 2718 | Aug 22, 2024 | and 4 more | |
Seed | 7444 | 2014 | ||
Seed | 9078 | Jan 01, 2010 | ||
PE | 6385 | Jun 07, 2001 | ||
PE | 7395 | - |
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- 95+ Total Companies
- $3.5M+ Total Funding
- 10+ Funded Companies
- 3 Acquisitions
Top Investors in Tonga
Smart Equity is the top investor in companies of Tonga based on number of companies invested.
Here are some top investors in Tonga:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Lisbon (Portugal) | ||
Miami (United States) | ||
Boston (United States) | ||
Tallinn (Estonia) | ||
San Francisco (United States) |
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Acquisitions in Tonga
In the year 2012, till May 2012, 2 acquisitions happened in Tonga.
Here are some recent, important acquisitions in Tonga:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | May 08, 2012 | ||
Acqui-Hired | Feb 01, 2012 | ||
Business Acquisition | Nov 19, 2007 |
