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About startup landscape in Zimbabwe

Zimbabwe has over 1,588 startups across the country. Of these, 188 are funded companies that have collectively raised $2.43B in venture capital and private equity. The country is home to 1 unicorn. A total of 80 investors have participated in 232 funding rounds, with 7 startups securing early-stage funding and 4 raising late-stage funding. In the last five years, 105 new companies have been founded. Startups in Zimbabwe have witnessed 18 acquisitions and 6 IPOs, while 241 startups wrapped up operations. Additionally, 17 companies have been founded by women.
Key Metrics
Total Companies
Total Funding
Funded Companies
Series A+ Companies
Unicorns Created
IPOs
Acquisitions

Top Companies in Zimbabwe

Econet Wireless Zimbabwe is the top company in Zimbabwe, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Zimbabwe:
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Mobile and fixed wireless services provider
Harare (Zimbabwe)
1998
Public
-
Offering coalition loyalty solutions for restaurants
Harare (Zimbabwe)
2022
Unfunded
-
Provider of business telephony services
2014
Unfunded
-
Investment holding firm
Harare (Zimbabwe)
2004
Funding Raised
-
Commercial bank
Harare (Zimbabwe)
1993
Public
-
Get a longer list of companies

Recent Funding Rounds in Zimbabwe

In the year 2023, till June 2023, $20K has been raised in 2 equity funding rounds across Zimbabwe. In the same period last year (i.e. till December 2022), $9.03M had been raised across 6 rounds in Zimbabwe. So, 2023 has seen a 99.78% drop in funding in companies of Zimbabwe as compared to 2022.
Here are some recent, important funding rounds in Zimbabwe:
Company
Round Raised
Amount Raised
Funding Date
Investors
Seed
2945
2023
Seed
2897
Jan 04, 2023
Seed
9497
Dec 29, 2022
-
Seed
5320
Dec 12, 2022
Seed
2769
Jul 08, 2022
See a more detailed list of funding rounds
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  • 1.6K+ Total Companies
  • $2.43B+ Total Funding
  • 185+ Funded Companies
  • 5+ IPOs
  • 15+ Acquisitions

Top Investors in Zimbabwe

Europa is the top investor in companies of Zimbabwe based on number of companies invested.
Here are some top investors in Zimbabwe:
See a more detailed list of investors

Acquisitions in Zimbabwe

In the year 2023, till January 2023, 2 acquisitions happened in Zimbabwe. Last year, in 2022, a total of 1 acquisition happened in Zimbabwe.
Here are some recent, important acquisitions in Zimbabwe:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Jan 08, 2023
Business Acquisition
Jan 06, 2023
Business Acquisition
Aug 10, 2022
Business Acquisition
Jan 14, 2021
Business Acquisition
Sep 30, 2020
See a more detailed list of acquisitions

IPOs in Zimbabwe

In the year 2010, till August 2010, 1 IPO happened in Zimbabwe. In its previous year, in 2009, a total of 1 IPO happened in Zimbabwe.
Here are some recent, important IPOs in Zimbabwe:
Company
IPO Date
Exchange Symbol
Aug 19, 2010
London Stock Exchange (LSE)
Feb 01, 2009
Zimbabwe Stock Exchange (ZSE)
Sep 07, 2006
London Stock Exchange (LSE)
Jan 01, 1946
Johannesburg Stock Exchange (JSE)
See a more detailed list of IPOs

Top News about startups in Zimbabwe

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FAQs about Startups in Zimbabwe

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