Friday, February 3, 2023
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
TechBooky Africa
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
  • Fintech/Finance
  • Login
No Result
View All Result
TechBooky Africa
Home East Africa

Copia Global Rounds Up Series C Fundraising With $50M Deal.

The B2C e-commerce company targets other African regions for expansion but starts with east African countries such as Rwanda, Uganda, and Tanzania.

Eni by Eni
January 20, 2022
in East Africa, Startup
0


Copia Global equity has risen by $50m after rounding up its Series C fundraising. The Kenyan-based startup company completed its Series C round while other startups are yet to round up Series A deal.

Copia Global offers Business-to-Customer, B2C, e-commerce services — a bridge between manufacturing companies and low-income earners willing to purchase consumer goods. Almost 1.4 million people have patronised Copia’s B2C e-commerce business.

Related posts

Meta

Sama Terminate Corporate Operations With Meta In Fear Of The Kenyan Regulatory Lawsuit.

January 12, 2023
Releaf Completed Its Pre-Series A Funding With $3.3M To Industrialize Food Security In Africa.

Releaf Completed Its Pre-Series A Funding With $3.3M To Industrialize Food Security In Africa.

January 9, 2023

“The whole premise of Copia was to find a solution that was sustainable and profitable to serve consumers that we could improve their quality of life and that of their families,” per Copia Global CEO, Tim Steel.

Copia has built a network of local agents with simple technology overtime. The B2C e-commerce startup intends to amplify the traditional approach to retail marketing with its custom logistics.

The Kenyan e-commerce startup currently budgets trillions to invest in Africa’s B2C marketplace to promote multitasked trading activities in the economy. Copia Global’s budget tallies with the IMF report that ascertain the low-income earners are the driving forces that influence Africa’s economy progressively.

 

The B2C e-commerce startup aims at distributing affordable logistics to rival other e-commerce behemoths in the industry such as Jumia. Although Jumia has reportedly operated an unprofitable business per the current economic turmoil.

Copia has enough resources to actualize expanding profitable B2C logistics services. Aside from the $50m deal, Copia Global has come a long way raising different classes of funds to develop its operations. Copia has generated close to a million dollars — the $83.5m is the addition of the Series A, B, and C fundraising Copia Global has experienced.

 

The new $50m deal Copia got was led by an existing investor christened Goodwell Investments, Perivoli Innovation, and Lightrock. While other bits of the offering is funded by new investors, including, Koa Labs, Zebu Investment Partners, etc.

Copia has plans to expand its services to other socioeconomic regions of Africa prioritizing Nigerian markets as well as Zambia, South Africa, Cote d’Ivoire, Malawi, Ghana, and Mozambique. The Kenyan B2C e-commerce company intends to touch down eastern Africa, expanding with the $50m while Kenya remains its host country.

Total
1
Shares
Share 1
Tweet 0
Pin it 0
Share 0
Tags: africae-commerceecommerceFundraisingSeries Cstartup
Previous Post

Nigeria’s Moni, Two Others For Y Combinator’s Accelerator Program

Next Post

Chari Bagged A $100M Bridge Round Deal To Develop Its Fintech Solutions

Next Post
Chari Bagged A $100M Bridge Round Deal To Develop Its Fintech Solutions

Chari Bagged A $100M Bridge Round Deal To Develop Its Fintech Solutions

RECOMMENDED NEWS

Carbon Partners With Visa To Enable Payments Across Africa

Carbon Partners With Visa To Enable Payments Across Africa

2 years ago
The UN Compact With Husk’s Mini-Grid Solar System Installation In Africa, Starting With Nigeria.

The UN Compact With Husk’s Mini-Grid Solar System Installation In Africa, Starting With Nigeria.

1 year ago
Naira’s Significant Increase Against USD Per P2P Foreign Exchange Market Capitalization.

Naira’s Significant Increase Against USD Per P2P Foreign Exchange Market Capitalization.

10 months ago
Ride-hailing Platform, Bolt Launches Food Delivery Services In Nigeria

Ride-hailing Platform, Bolt Launches Food Delivery Services In Nigeria

1 year ago

FOLLOW US

  • 70.9k Followers

BROWSE BY CATEGORIES

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa

BROWSE BY TOPICS

5g acquisition africa app banking CBDC cbn central bank of nigeria cloud cryptocurrency Crypto market cybersecurity e-commerce e-naira east africa ecommerce economy enterprise fintech funding Fundraising google government inec internet investment kenya License microsoft mtn ncc nigeria Nigerian Communications Commission Regulator remittance ride hailing seed social media software south africa startup technology telecom twitter west africa

Featured Categories

App
19 Posts
View Posts
Banking
17 Posts
View Posts
Business
7 Posts
View Posts
Cryptocurrency
27 Posts
View Posts
Cybersecurity
13 Posts
View Posts
East Africa
23 Posts
View Posts
Economy
18 Posts
View Posts
Enterprise
31 Posts
View Posts
Event
9 Posts
View Posts
Fintech/Finance
83 Posts
View Posts
Funding
29 Posts
View Posts
Gadget
11 Posts
View Posts
Government
55 Posts
View Posts
Insight
4 Posts
View Posts
Internet
20 Posts
View Posts
Investment
18 Posts
View Posts
Nigerian/African Tech
31 Posts
View Posts
North Africa
2 Posts
View Posts
Personnel
2 Posts
View Posts
Research/How to do it
2 Posts
View Posts
Service
8 Posts
View Posts
Social Media
19 Posts
View Posts
Southern Africa
17 Posts
View Posts
Startup
83 Posts
View Posts
Telecom
36 Posts
View Posts
Transport
11 Posts
View Posts
Uncategorized
2 Posts
View Posts
West Africa
41 Posts
View Posts
No Result
View All Result
Loading
  • Audi South Africa
    Audi Invest R45 Million In South Africa To Deploy EV Charging Infrastructure.
    • February 1, 2023
  • Starlink Nigeria.
    Elon Musk’s Starlink Satellite Internet Service Finally Debuts In Nigeria.
    • February 1, 2023
  • Amazon & Stripe
    Stripe & Amazon Iterated Partnership Deal Will Integrate FinTech & Cloud Services For Global Penetration.
    • January 25, 2023
  • Airtel eSIM
    Airtel Launches eSIM Technology In Nigeria
    • January 25, 2023
  • Mafab Communication Debut 5G Cellular Data In Nigeria.
    • January 24, 2023
TechBooky Africa

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc.

Follow us on social media:

Recent News

  • Audi Invest R45 Million In South Africa To Deploy EV Charging Infrastructure.
  • Elon Musk’s Starlink Satellite Internet Service Finally Debuts In Nigeria.
  • Stripe & Amazon Iterated Partnership Deal Will Integrate FinTech & Cloud Services For Global Penetration.

Category

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa
  • Home
  • TechBooky
  • Business
  • Video
  • Contact Us

© 2022 Techbooky Africa .

No Result
View All Result
  • Home
  • TechBooky
  • Business
  • TV
  • Startup

© 2022 Techbooky Africa .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In