Nigerian digital freight forwarding start-up Topship bags US$2.5M in seed round

NIGERIA – Nigerian digital freight forwarding start-up, Topship has secured US$2.5 million in a seed round, just months after finishing the YC winter batch, to scale operations across Africa. The round was led by Flexport with the participation of Y Combinator-Soma Capital, Starling Ventures, Olive Tree Capital, Capital X, and True Capital. Individual investors in the round include Mercury CEO…

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Nigeria’s OnePort 365 lands US$5M to digitize freight management in Africa

NIGERIA – Digital freight forwarding company OnePort 365 has secured US$5 million in seed funding to drive the end-to-end digitization of freight management in Africa. The seed funding round was led by Mobility 54 with participation from SBI Investment, Flexport, ODX, a Singaporean syndicate fund, and other strategic angel investors. The platform has active operations in Nigeria and Ghana and…

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Digital freight startup MVX raises US$1.3m seed round to fasten its service delivery

NIGERIA – MVX, digital freight and hauling company, has announced that it has raised a US$1.3 million seed round to step up its efforts to help shippers move their cargo faster. The company said it raised money for its seed round from Africa-focused firms Kepple Africa, The Continent Venture Partners, Founders Factory, Launch Africa, and Capital Oak. Some angel investors…

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