Atlantica Ventures
Cold-chain startup Figorr raises $1.5M, backs the rollout of data-driven perishables insurance
Oghenetega Iortim built Nigerian-based cold-chain startup Figorr after imagining better means of storage and transportation of temperature-sensitive products, following the post-harvest losses from his fresh agro-produce venture. Figorr (previously Gricd)…
Kenyan logistics startup Sendy cuts 10% of its workforce
Kenyan logistics startup Sendy has laid off 10% of its 300-strong workforce, or 30 employees, according to pan-African news publication TechCabal. This is the latest public layoff news from Africa over…
Nigeria’s OnePipe raises $3.5M to double down on its embedded finance offering
Last year, fintech API infrastructure players came into the African tech scene, ushering in Plaid-like services to businesses and developers. And the attention on these companies, particularly from venture capitalists,…
Africa Roundup: Trump’s Nigeria ban, Paga’s acquisition and raises, Flutterwave’s $35M and Sendy’s $20M
The first month of the new year saw Africa enter the fray of U.S. politics. The Trump administration announced last week it would halt immigration from Nigeria — Africa’s most…
Kenyan logistics startup Sendy raises $20M round backed by Toyota
Africa’s logistics startup space has gained another multi-million-dollar round with global backing. Kenyan company Sendy — with an on-demand platform that connects clients to drivers and vehicles for goods delivery…