Week of 14 Oct - Transactions in the African economy

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October 14, 2022
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$34.4m
Raised
11
Investments
🇪🇬 Telda - $20m (Seed)

Consumer money application

Investors: Global Founders Capital, Sequoia Capital and Block

Site
🇰🇪 Moko Home + Living - $6.5m (Series B)

Manufacturing and retailing of home furniture products

Investors: Alphamundi, Talanton, Blink and Victoria Commercial Bank

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🇳🇬 Stears - $3.3m (Seed)

Intelligence company providing subscription-based data and insight on Africa

Investors: MaC Venture Capital, Serena Ventures, Melo7 Tech Partners, Cascador, Luminate Group and HoaQ

Site
🇳🇬 Lifestores Pharmacy - $3m (Seed)

Retail pharmacy start-up

Investors: Aruwa Capital and Health54

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🇪🇬 Isupply - $1.5m (Pre-Seed)

B2B multi-seller marketplace operating in the pharmaceutical industry

Investors: Disruptech Ventures

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🇺🇬KaCyber Technologies - $20k (Seed)

Digital ticketing and payment systems to public transport operators

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🇺🇬 Inputi - n.d. (Seed)

Online marketplace of farm supplies

Investors: Renew Capital

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🇪🇬 Roboost - n.d. (Seed)

Fleet management software

Investors: AUC Angels, Falak Startups and Flat6Labs

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🇿🇦 TooMuchWifi - n.d. (Seed)

High-performance internet for home and businesses

Investors: Khulisani Ventures

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🇪🇬 Benya - n.d. (Seed)

ICT infrastructure and digital solutions

Investors: G42

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🇿🇦 Loop - n.d. (Pre-Seed)

Platform to digitalize the minibus taxi industry

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