Tunisia's startup ecosystem continues to flourish, with innovative ventures across various sectors securing significant funding in 2024. From fintech platforms driving financial inclusion to AI-driven technologies revolutionizing language processing and green tech solutions transforming traditional industries, Tunisia's entrepreneurs are making waves in the global startup scene. This article highlights the top funding rounds in Tunisia for 2024, showcasing the diversity of sectors and the growing interest in supporting the country's emerging business leaders.

Konnect

Konnect, a Tunisia-based payment gateway, is revolutionizing digital payments in North Africa by offering secure, scalable solutions tailored for businesses and individuals. Authorized by the Central Bank of Tunisia, the platform provides seamless payment links, e-commerce plugins, and a robust API to enhance online payment experiences. In 2024, Konnect secured $1,300,000 in funding from 54 Collective (formerly FFA), Digital Africa (AFD), and an additional undisclosed funding from Renew Capital, marking the latter's first investment in Tunisia. With advanced fraud detection, remote onboarding, and a strategic partnership with VISA, Konnect is driving financial inclusion and modernizing the region’s financial infrastructure under the leadership of founder Amin Ben Abderrahman.

Cynoia

Cynoia, a Tunisian SaaS platform established in 2022, has secured $1,300,000 in 2024 to expand into West Africa, focusing on Senegal and Ivory Coast. The platform centralizes essential business tools, including chat, video conferencing, email, calendar, document handling, and project management, into a user-friendly interface tailored for B2B companies. With over 3,000 users across nine countries, Cynoia aims to streamline team collaboration and workflows. Backed by investors like United Gulf Financial Services, 216 Capital Ventures, and Bpifrance, the startup is well-positioned to tap into the growing demand for enterprise software in Africa’s expanding cloud computing market.

Seabex

Seabex, a French agritech startup founded in 2020, specializes in precision irrigation using AI-driven solutions to optimize water and fertilizer management without traditional sensors. Headquartered at Agreen Lab’O in Orléans, the company also maintains an active presence in Tunisia. In 2024, Seabex secured $1,000,000 in funding, led by Digital Africa (AFD), reinforcing its mission to advance sustainable agriculture through innovative technology.

GigsDesk

GigsDesk, Tunisia's leading freelance platform, connects freelancers with clients across industries such as web development, graphic design, and digital marketing. Designed to support local professionals and businesses, GigsDesk offers a user-friendly platform and a mobile app for managing projects on the go. In 2024, GigsDesk raised $600,000 in funding from undisclosed investors, fueling its growth and enhancing its services. Following a rebrand with a new visual identity, GigsDesk continues to foster collaboration and networking, solidifying its position as Tunisia's go-to marketplace for freelance talent.

Clusterlab

ClusterLab, founded in 2020 by Haithem Kchaou and Chehir Dhaouadi, is a Tunisia-born, UAE-headquartered AI startup specializing in natural language processing (NLP) technologies. Recognized for its role in Tunisia's national AI initiative and its inclusion in the Nvidia Inception Program, the company developed products like Reedz, an Arabic audiobook summarization app, and the AI platform Elm. In 2024, they raised $600,000 in pre-seed funding, led by regional investors including Karim Beguir, to advance research into next-generation large language models, revolutionizing Arabic content creation and consumption.

Monsapo

MonSapo, a Tunisian green technology startup, is transforming the cleaning industry with eco-friendly products made from used cooking oil and wood ash. Founded by Sabrine Chennaoui, a Master's graduate in Business Administration, MonSapo promotes sustainability by reducing waste and offering economical, natural alternatives to traditional cleaning agents. In 2024, the company secured $196,820 in funding, led by Techstars and Digital Africa (AFD), and was selected for the Techstars Sustainability Paris accelerator program. MonSapo’s participation in the hybrid program underscores its commitment to driving sustainable practices and innovation in green technology.

Wattnow

Wattnow, a Tunisian cleantech startup founded in 2018 by Issam Smaali, offers an IoT-based smart energy management solution that combines hardware and software to help companies monitor and control their energy usage. The platform provides real-time insights, automation, and machine learning-driven analytics through a cloud-based dashboard. In 2024, Wattnow closed a multi-million dollar funding round led by Lateral Frontiers and 216 Capital, with participation from Outlierz Ventures, Satgana, Octerra Capital, and strategic angel investors, including InstaDeep founder Karim Beguir and Guillaume Amblard.

As Tunisia's startup landscape evolves, the funding rounds of 2024 underscore the potential for growth and innovation across key industries. With a solid foundation in fintech, AI, SaaS, green technology, and agritech, Tunisian startups are positioning themselves to capitalize on regional and global opportunities. The continued support from investors will be critical in driving the next wave of entrepreneurship, as these startups pave the way for a more sustainable and technologically advanced future.