Tuesday, October 14, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Funding

Jumba, a Kenyan startup for procuring building supplies, receives $4.5 million in seed funding

Tech Gist Africa by Tech Gist Africa
02/22/2023
in Funding, News - East Africa, Startups
0 0
0
Jumba Kenya

Jumba Kenya

0
SHARES
Share on FacebookShare on Twitter

Jumba, a Kenyan marketplace for construction materials, has completed a $4.5 million seed funding round. 

The seed funding comes a year after the company’s initial $1 million in pre-seed funding. 

LocalGlobe led the funding round, and Enza Capital joined it along with other investors like Foundamental, Seedstars International Ventures, Logos Ventures, SpeedInvest, and First Check Africa. 

The startup, which was founded by Kagure Wamunyu and Miano Njoka, makes it simple for real estate developers and dealers of building materials to get building materials. 

The startup experienced a meteoric rise over the previous year and ended the previous year with quarterly growth that was three times what it was. 

In order to fulfill the rising demand for its services, it is expanding operations and already serves 60% of Kenya’s 47 counties. 

The company is “expanding very quickly, and our difficulty has always been that we have considerably more demand than we can meet,” according to Kagure Wamunyu, CEO of Jumba. 

The co-founders started supplying building supplies to real estate developers after initially focusing primarily on construction material merchants. 

They discovered Jumba could support both merchants and developers as a result of the magnitude of demand. 

Before entering other countries, the business intends to use the capital to attract more customers in Kenya.

 

Read more on Tech Gist Africa:

BuuPass, a B2B2C platform for managing buses in Kenya, has secured $1.3 million in pre-seed funding

MyHealth Africa, an e-health startup in Kenya, has raised $1 million in seed funding

Kapu, a social commerce startup in Kenya, has received $8 million in funding

 

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Chocolate City Nigeria
Funding

Chocolate City Launches $1M Founders Fund to Empower Nigeria’s Creative Entrepreneurs

by Tech Gist Africa
10/14/2025
0

Chocolate City Group, one of Africa’s leading entertainment companies, has unveiled a $1 million Founders Fund aimed at supporting early-stage...

Read more
CTrack South Africa

Ctrack Accelerates Global Expansion with $23.4 Million Funding

10/14/2025
Tagaddod Egypt

Tagaddod, an Egyptian cleantech startup Secures $26.3M Series A funding

10/14/2025
Optasia UAE

Optasia Targets $375 Million in Johannesburg Listing to Expand AI-Driven Financial Services

10/14/2025
ntel Nigeria

Ntel Secures Fresh Funding, Eyes 2026 Telecom Comeback

10/13/2025
Next Post
Susan Wojcicki YouTube

Susan Wojcicki, the CEO of YouTube, is stepping down after nine years

Carbon Maps France

Paris-based Carbon Maps bags €4M

Gateway.fm Norway

Norway’s Gateway.fm gets €4.3M

No Result
View All Result

The Big 5

Ized Uanikhehi

The Visionary Journey of Ized Uanikhehi

by Tech Gist Africa
10/13/2025
0

...

Funding

UK Government Launches £500 Million Fund to Propel Regional Tech Innovation

by Tech Gist Africa
10/09/2025
0

...

AI funding

EU Unveils €1 Billion ‘Apply AI’ Strategy to Boost Domestic AI Adoption

by Tech Gist Africa
10/09/2025
0

...

Tech in Asia Conference 2025

Tech in Asia Conference 2025: Shaping Southeast Asia’s Digital Future

by Tech Gist Africa
10/09/2025
0

...

Amazon Web Services AWS Startups

AWS Selects 40 Startups for 2025 Generative AI Accelerator

by Tech Gist Africa
10/09/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

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
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.