Nigerian cold-chain startup Figorr has raised USD 1.5mn for its seed round to support its expansion plans and meet consumer demand.
The round was led by Atlantica Ventures, with VestedWorld, Jaza Rift Ventures and Katapult VC also participating. This latest round brings the total invested in the company to USD 1.7mn in equity funding—having so far secured USD 275k in grants from Google Black Founders Fund, Africa Business Heros (Jack Ma Foundation) FbStart and Lafiya Innovators (Impact Hub).
Apart from Nigeria, the company’s solutions are available in Ethiopia, Ghana, South Africa, Tanzania, Uganda and Kenya—a market which it recently entered.
Figorr, previously Gricd, was founded in 2019 by Oghenetega Iortim.