Tech Company Financing Transactions
Pricepally Funding Round
On 11/17/2023, Pricepally secured $1.3 million in Seed financing from Chui Ventures, elea Foundation for Ethics in Globalization and Hi2 Global Venture Fund.
Transaction Overview
Company Name
Announced On
11/17/2023
Transaction Type
Venture Equity
Amount
$1,300,000
Round
Seed
Investors
Proceeds Purpose
It will use the funding to expand beyond the three cities it currently serves in Nigeria and to re-introduce group buying to keep up with its promise of enabling consumers to buy food affordably.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
14a Bayo Dejonwo Street Maryland
Lagos, 100211
NG
Lagos, 100211
NG
Phone
Website
Email Address
Overview
Developer of a digital food cooperative platform designed to operate in the agricultural and food industry. The company's platform connects consumers directly with local farmers, wholesalers, producers, and brands, aiming to make fresh and high-quality food more affordable and accessible, allowing consumers to purchase food items in bulk or share the cost of bulk orders with others.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Luther Lawoyin
Chief Operating Officer
Jumia Abalaka
Co-Founder
Mosunmola Lawoyin
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About Our Venture Capital Transactions Database
We report on all VC transactions involving tech companies. VC investment data records reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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