New Investments
Nigeria’s Eze raises $3.7 million seed funding
Nigerian B2B marketplace startup Eze has raised $3.7m to revolutionize the African electronics market.
The funding round, led by Right Side Capital Management, attracted investments from C2 Ventures, Boro Capital, EVPI Investments, and several angel investors. Founded in 2020, the YC-backed startup aims to bridge the gap between the global technology landscape and African consumers by providing them with access to electronics at competitive prices.
With this substantial investment, the company intends to ramp up its operations, enhance its product offerings, and expand its reach across the continent. The company’s innovative business model leverages e-commerce platforms and localized retail outlets to reach consumers in both urban centres and remote areas.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
Tanzanian Healthcare Startup Medikea Secures Funding From Catalyst Fund to Tackle Climate-Induced Health Crises
Medikea, a Tanzanian healthcare startup, has secured an investment from the Catalyst Fund to enhance its mission of delivering affordable healthcare services to vulnerable communities.
Norfund makes the first two landmark direct investments in plastic recycling in Africa in Nigeria and Ghana
Norfund, the Norwegian Investment Fund for Developing Countries, has announced its first-ever direct investments in plastic recycling initiatives in Africa
Top 20 Most Funded Startups in Africa in 2023
The startup funding landscape in Africa in 2023 was a mixed bag of encouraging growth and cautious optimism amidst global economic headwinds.