Pakistani startups managed to raise a record $47 million in pre-seed, seed, pre-Series A, Series B and Series B funding rounds during 2020 in 23 transactions, a 26 percent rise from 2019 amid a global economic slowdown due to the Coronavirus pandemic. In 2019, Pakistani companies earned $37 million from 19 transactions.
Last year 23 deals, most of them in the transport category were signed, according to Techshaw, with the average deal worth more than $2 million.
8 deals worth $1,265 million were signed during Q1 in terms of funding received in each quarter of 2020, while 3 deals worth $13.1 million were inked during Q2.
During Q3, 8 deals worth $16 million were finalized while during Q4 last year, 8 deals worth $16.3 million were signed.
Here is a complete list of all the businesses and funds raised in 2020.
| Sr. No. | Company name | Funding raised |
| 1. | Screen-IT | $250,000 |
| 2. | InstaCare | $140,000 |
| 3. | MandiExpress | $725,000 |
| 4. | Tajir | $3,300,000 |
| 5. | Bazaar | $1,300,000 |
| 6. | Airflift | $10,000,000 |
| 7. | Emeds.pk | $250,000 |
| 8. | Social Champ | $225,000 |
| 9. | GrocerApp | $1,000,000 |
| 10. | Baby Planet | $250,000 |
| 11. | Safepay | $150,000 |
| 12. | Byte | $150,000 |
| 13. | Aimfit | $1,000,000 |
| 14. | Bykea | $13,000,000 |
| 15. | Healthwire | $700,000 |
| 16. | MedznMore | $2,600,000 |
| 17. | FindMyAdventure | $600,000 |
| 18. | Bagallery | $900,000 |
| 19. | Conatural | $825,000 |
| 20. | Clicky | $700,000 |
| 21. | Roomy | $1,000,000 |
| 22. | Finja | $9,000,000 |
