Funding

Fez Delivery secures $1M seed to deepen its last-mile logistics offering in Nigeria

Fez Delivery, a leading logistics and delivery company, has raised a $1 million seed fund in a round led by Ventures Platform. The Lagos-based company wants to expand across Nigeria and other countries in Sub-Saharan Africa.

Credable secures $2.5M seed to expand its digital banking offering into Africa

Dubai-based fintech group, Credable has raised a $2.5 million seed round led by a pan-African VC fund, Ventures Platform Fund IV LP.

Planet42 raises $100M to scale its vehicle rental offering in South Africa and Mexico

South Africa-based mobility startup, Planet42 has raised $100 million in equity and debt funding to scale its operations in South Africa and Mexico

Kenyan HR payroll provider, Workpay lands $2.7 million pre-Series A

Workpay has secured a $2.7 million pre-Series A round from Launch Africa and other investors, to expand across Africa.

Famasi secures pre-seed to build Africa's digital pharmacy infrastructure

Nigerian healthtech, Famasi Africa has secured an undisclosed pre-seed in a round led by Microtraction, to build the pharmacy infrastructure for African digital healthcare.

Francophone Africa's Qotto secures $8M Series A

Francophone Africa-focused cleantech company, Qotto has raised $8 million in a Series A equity-debt round to scale its operations in existing markets and expand to Ivory Coast.

YC-backed Curacel secures $3M seed to expand its insurance offering into North Africa

Nigeria-based insurtech, Curacel has secured a $3 million seed funding to expand its drive insurance experiences across Africa