Tech Company Financing Transactions
Kapu Funding Round
Kapu secured a $8 million Seed funding round on 12/5/2022. Backers included Firstminute Capital, Giant Ventures and Base Capital.
Transaction Overview
Company Name
Announced On
12/5/2022
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Seed
Investors
Firstminute Capital (Lead Investor)
Giant Ventures (Lead Investor)
private investors (Tom Blomfield)
Proceeds Purpose
We help lessen the burden of buying food for Kenyan consumers, many of whom are grappling with sky-rocketing food prices.
Company Information
Company Status
Private & Independent
Industry
RetailTech
Mailing Address
Nairobi Omega Warehouses Baba Dogo
Nairobi, Undisclosed
KE
Nairobi, Undisclosed
KE
Phone
Website
Email Address
Overview
Consumers in Africa spend a staggering 46% of their income on their grocery basket. When such a large proportion of their income is spent on food, there is very little disposable income left to spend on education, savings or investments. This is a huge blocker to social mobility in Africa.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sam Chappatte
Chief Operating Officer
Cyrus Onyiego
VP - Engineering
Sam Kityoni
VP - Marketing
Meera Dhanani
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Where The Data Comes From
We do our best to document tech company VC transactions. VC investment data records reported here are derived from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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