🏙️

Johannesburg

Metro area · South Africa · Pop. 4.4M ·

Startup funnel

Johannesburg's startup funnel

Companies headquartered in Johannesburg at each stage today, by total VC raised. Hover or tap a bar for the split.

124

Startups

$100K–15M raised

66 pre-seed · 41 seed · 17 Series A

Breakouts

$15–100M raised

15 Series B · 4 Series C

Scaleups

$100M+ raised

2 Mega · 3 Mega+

Unicorns and/or $100M+ revenue

Source: Dealroom.co

Quarterly report

Johannesburg's latest quarter in venture capital

Venture capital raised by Johannesburg-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.

Latest complete quarter

Loading VC raised by Johannesburg-headquartered companies…

Enterprise value

How much Johannesburg’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in Johannesburg, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.

VC investment

How much venture capital flows into Johannesburg

VC investment into Johannesburg-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Largest rounds

Largest funding rounds in Johannesburg

A live treemap of the largest VC rounds. Each cell is one round into Johannesburg-headquartered companies, grouped by Dealroom sector.

Largest rounds in Johannesburg - 2026

Every $15M+ VC round into Johannesburg-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

Loading rounds...

Live from Dealroom API Open full VC dashboard

Academia

Johannesburg's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Johannesburg.

University-linked startup formation

University spinouts

210

Total alumni-founded companies

153

Of which startups (<$15M raised)

Breakouts ($15M-100M)

Scaleups ($100M+)

University ranking By alumni who went on to found startups

#	University	City	Founders	Companies
1	University of the Witwatersrand	Johannesburg	537	605
2
3
4

Unlock the full university ranking for Johannesburg on Dealroom

Location comparison

How Johannesburg stacks up

Compare Johannesburg with peers from the same country (South Africa) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

Lagos

$14.3B

Cairo

$11.5B

Johannesburg

$10.1B

Nairobi

$8.4B

Cape Town

$7.3B

Dakar

$2B