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MoKo, Kenya’s home furniture startup, raises $6.5M

TechCrunch

Kenya has the largest and most thriving furniture industry in East Africa, but the sector’s potential is hindered by several challenges among them production inefficiencies and quality concerns, forcing most major retailers to settle on imports. There’s still so much room to better serve millions of families in Kenya.

Kenya 96
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Nigeria’s AltSchool raises $1M pre-seed to build an alternative school for Africans

TechCrunch

AltSchool, which is now Altitude Learning) has raised $1 million in pre-seed funding to scale its efforts, said chief executive Adewale Yusuf to TechCrunch. These applications came from 19 countries (including 14 African countries) and Yusuf said the company received the most entries from Nigeria, Ghana, Uganda, Kenya and Botswana. .

Nigeria 139
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Tanzanian fintech NALA raises $10M seed to build Revolut for Africa

TechCrunch

NALA , a Tanzanian cross-border payments company that recently pivoted from local to international money transfers, said Thursday it has raised $10 million in a new fundraising round. to East African countries (Kenya, Uganda and Tanzania), thus ushering the Tanzanian fintech into the remittance business. and the E.U.,

Africa 98
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Zeraki, a Kenyan edtech providing digital solutions for school admin, raises $1.8M

TechCrunch

Zeraki , a Kenyan edtech that has built digital learning and school data analytics platforms, has raised $1.8 We’ve built an extensive distribution channel covering almost half of the high schools in Kenya, and that means we have an opportunity to solve other tech needs that schools have,” said Nyangolo. “We

Digital 99
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Orda raises millions to digitize African restaurants with its cloud-based operating system

TechCrunch

The two-year-old startup raised $1.1 million in pre-seed funding this January, bringing its total funding raised this year to $4.5 With limited access to technology, these restaurants typically resort to using offline methods, including pen and paper, for things like manual reconciliation and inventory management. “Our

System 93
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Kukua, creators of “Super Sema,” raises $6 million, led by Alchimia and Tencent

TechCrunch

Kukua , a Nairobi- and London-based educational entertainment company and the creators of “ Super Sema ,” the first African animated superhero franchise, has raised $6 million in its latest round of investment. Though white and raised in Italy, Bisignani travelled widely in Africa when she was young. The company raised $2.5

Africa 97
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African healthtech startups in the supply chain segment show rapid growth, spurring a $7M investment initiative

TechCrunch

Salient surveyed over 80 companies across Ghana, Kenya, Nigeria, and Uganda, 25% more than the number it tracked in its last report in 2021. The report says 36% of all-time funding reported by the health supply chain startups it profiled was raised in the last 12 months. So we wouldn’t expect them to be raising large sums just yet.

Ghana 114