While the spotlight often shines on headline-grabbing mega-rounds, the bedrock of Africa’s rapidly growing startup ecosystem lies in the consistent flow of smaller (or missed bigger rounds), yet equally vital, investments. This week’s edition of the African Startup Deal Tracker delves into these under-the-radar transactions, encompassing pre-seed funding, angel investments, and strategic acquisitions that collectively paint a picture of sustained growth and investor confidence across the continent. These deals, spanning diverse sectors from agri-tech to legal tech, highlight the ingenuity of African startup founders and the breadth of opportunities being seized.

Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week:

Satlyt

• Investment: An undisclosed investment amount.
• Investor: NaiBAN (Nairobi Business Angel Network).
• Sector/Focus: Space Tech / Deep Tech. The company is building a decentralized, in-orbit compute network to process satellite data in real-time and a marketplace for unused satellite computing power.
• Country of Operation: Kenya (Founder is Kenyan).
• Purpose: To transform space into an active layer for decision-making in areas like disaster response and precision agriculture, and to democratize access to in-orbit computing capabilities.

Primed E-health

• Investment: A strategic investment of an undisclosed amount.
• Investor: OnAfrica Angels
• Sector/Focus: Healthtech. A digital healthcare company providing a “smart clinic” solution for tertiary hospitals to revolutionize access to quality care and improve public health outcomes.
• Country of Operation: Nigeria
• Purpose: To grow its clinical talent base and enhance its data capabilities to better inform public health strategies.

Jetstream Africa

• Investment: New capital of an undisclosed amount (marking the third investment from the funder).
• Investor: Cauris Finance.
• Sector/Focus: Fintech / Logistics Tech. The platform integrates freight forwarding, customs brokerage, and trade finance to help SMEs manage their supply chains.
• Country of Operation: West Africa.
• Purpose: To strengthen and expand its trade finance portfolio to provide working capital for small and medium-sized importers.

Sticitt

• Investment: Series A investment of an undisclosed amount.
• Investor: Knife Capital.
• Sector/Focus: Fintech / Edtech. A digital platform that transforms how South African schools manage money by streamlining all school-related transactions.
• Country of Operation: South Africa.
• Purpose: To fund the next phase of its business growth, scale operations, and enhance its impact on sustainable school management.

Optique

• Investment: Series A investment of an undisclosed amount.
• Investor: Knife Capital.
• Sector/Focus: Healthtech / Retail. An optometry company that provides digitally-enabled, affordable, and accessible eyecare through a model of franchise-owned branches and an online store.
• Country of Operation: South Africa.
• Purpose: To accelerate growth, expand its physical footprint, and ensure more people have access to its innovative optometry services.