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Since 2018, Nedbank has backed 5 African startups across 7 disclosed funding rounds totaling $61.1M, most heavily in South Africa and AI & Analytics.
Nedbank Group Limited is a diversified financial services group headquartered in Johannesburg, South Africa, providing wholesale and retail banking, insurance, asset management, and wealth management services. Through its various business units, Nedbank serves individual, business, and institutional clients across South Africa and selected markets in the rest of Africa. In addition to its core banking activities, Nedbank participates in equity investment and innovation-focused initiatives that support high growth companies in Africa. Based on disclosed transactions, Nedbank has invested in early stage and growth stage businesses from seed to Series A and venture rounds, with activity recorded between 2018 and 2025. These investments include backing companies in South Africa and Tanzania, with a focus on AI and analytics, fintech, and agri tech solutions. Nedbank has been involved in funding rounds for Aerobotics, Omnisient, and Kuunda, alongside a range of local and international co investors. These transactions demonstrate Nedbank’s interest in data driven platforms, embedded finance, and agricultural technology that can scale across African markets.
Data updated · Jul 29, 2026
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Nedbank has backed 5 African startups across 7 disclosed funding rounds tracked on Liners, totaling $61.1M since 2018.
Mostly Seed: 4 of its 7 tracked rounds are at that stage, followed by Series A (2).
Nedbank's tracked rounds are concentrated in South Africa (7), Tanzania (1).
Its tracked rounds lean toward AI & Analytics (5), Fintech (2), Health Tech (1), and 1 more sector.
Nedbank most often shares rounds with Compass Venture Capital (4 shared deals), 4Di Capital (3 shared deals), Kepple Africa Ventures (2 shared deals).
Nedbank has participated in funding rounds for Aerobotics, Omnisient, and Kuunda, according to recorded transaction data. These companies operate in agri tech and AI, consumer data analytics, and embedded fintech solutions respectively.
Across four disclosed funding rounds between 2018 and 2025, Nedbank has invested a recorded total of 11.9 million US dollars. These rounds covered seed investments, a Series A round, and a venture round in South Africa and Tanzania.