Archives Tag: Seed Funding
Chowdeck Rakes in $1.7 Million Monthly Revenue, Secures $2.5 Million Seed Funding
April 19, 2022
According to Picodi, a global research institute, approximately 60% of Nigerians’ earnings are allocated to food, particularly in urban areas. While street vendors offering prepared meals are ubiquitous, the popularity of online food delivery services is on the rise. According to projections the Nigerian market will reach $2.383 billion by the year’s end. In … Continue reading Chowdeck Rakes in $1.7 Million Monthly Revenue, Secures $2.5 Million Seed Funding
Figorr Secures $1.5M Seed Funding to Revolutionize Perishable Goods
April 19, 2022
Insufficient storage and transportation systems in Sub-Saharan Africa lead to the loss of more than $4 billion worth of food annually. Additionally, global vaccine wastage exceeds 50% due to issues related to temperature control, logistics, and shipment. This problem is particularly pronounced in Africa, where approximately 60% of the population resides in rural areas … Continue reading Figorr Secures $1.5M Seed Funding to Revolutionize Perishable Goods
Nigeria’s Curacel Raises Funds for Insurance Offerings
April 19, 2022
The expanding population, growing middle class, and improving access to financial services throughout Africa have increased the opportunity for Africans to enjoy a broader range of products and services. These experiences may come with risks, such as those associated with purchasing vehicles or obtaining accommodation. Insurance companies can significantly mitigate these risks and enable … Continue reading Nigeria’s Curacel Raises Funds for Insurance Offerings
Pivo Raises $2 Million Seed Funding
April 19, 2022
Pivo, a female-led Nigerian FinTech startup has closed a $2 million seed round that included participation from Precursor Ventures, Vested World, Y Combinator, Foundrs, and Mercy Corp Ventures. The FinTech startup is a financial service provider that offers a variety of services such as credit, payments, and expense management to small and medium-sized enterprises … Continue reading Pivo Raises $2 Million Seed Funding
How To Raise Seed Funding For Your FinTech Startup
April 19, 2022
If you’re in the early stages of building a truly ambitious FinTech startup, you’ll almost certainly need external funding to get it off the ground. But fundraising is seldom simple or straightforward. You’ll be asking investors to stake their hard-earned money in you. Read more about Fintech They’ll want to be sure that you can … Continue reading How To Raise Seed Funding For Your FinTech Startup
Nigerian HealthTracka Closes $1.5 Million Seed Funding
April 19, 2022
It is common knowledge that before a doctor or physician treats a patient, he must first determine what exactly is wrong. This is called diagnostics, the focal point of healthcare. Sadly, in third-world countries like Nigeria and most African countries, there is hardly adequate healthcare infrastructure for screening and testing of patients. Ultimately leaving a gap … Continue reading Nigerian HealthTracka Closes $1.5 Million Seed Funding
Autochek Secures $13.1mn Seed Funding To Scale Its Technology And Accelerate Expansion
April 19, 2022
TLcom Capital and 4DX Ventures co-lead round of Africa’s leading Autotech company Autochek, the automotive technology company facilitating auto financing across Africa, has today secured $13.1mn in seed funding. Co-led by follow-on investors, TLcom Capital and 4DX Ventures, the round also included participation from existing investors, Golden Palm Investments, Enza Capital, Lateral Capital as well as new participants, ASK Capital and Mobility 54 … Continue reading Autochek Secures $13.1mn Seed Funding To Scale Its Technology And Accelerate Expansion
Seed Funding: Apply For The 2021 VC4A Venture Showcase
April 19, 2022
If you’re a startup in Nigeria and you’re looking to get seed funding of between $250,000 and $1.5 million, here’s a chance to do just that. Read more about Opportunities Venture Capital for Africa (VC4A) says it’s on the hunt for 8 startups that it would showcase to a global network of investors. These … Continue reading Seed Funding: Apply For The 2021 VC4A Venture Showcase
