The Ten Biggest Funding Rounds Raised by Ugandan Startups from 2019 to 2024.
Ugandan fintech, Asaak raised $30m in January 2022, which is the single biggest funding round that any Ugandan startup has ever raised.
Ugandan startups have increasingly become attractive to VC firms across Africa. Outside the big four of Kenya, South Africa, Nigeria and Egypt, Uganda regularly hovers next to them competing with other startup ecosystems like Ghana, Senegal, Tunisia, Morocco and Rwanda for the best of the rest. Today, we will rank the biggest funding rounds ever raised by Ugandan startups from 2019-2024.
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