Tech Company Financing Transactions
Koolboks Funding Round
Koolboks, based in Paris, received $2.5 million from Aruwa Capital Management , Acumen Fund and All On.
Transaction Overview
Company Name
Announced On
8/18/2022
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Proceeds Purpose
Koolboks will deploy the capital to expand across Nigeria, including building the team to support its growing B2C business and constructing a local assembly facility. It will also help to catalyze expansion into new markets and scale the business, which has acquired over 3,000 unique customers across all markets
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
5 rue d'Aurion Rosny-sous-Bois
Paris, 93110
FR
Paris, 93110
FR
Phone
Website
Email Address
Overview
Koolboks provides a reliable and alternative long term storage technique due to the superior insulation and ice battery technology employed in the design. Koolboks also has installed in it , a PAYGO device. It can function as a refrigerator or as a freezer depending on the preference of the user. Koolboks offers 24-hour refrigeration thanks the free energy of the sun. Koolboks storsenergy in the form of ice guaranteeing 4-7 days of cooling without sunlight.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ayoola Dominic
Chief Operating Officer
Deborah Gael
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Prev: 8/18/2022: Rebill venture capital transaction
Next: 8/18/2022: Thorizon venture capital transaction
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We do our best to report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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