Tuesday, August 26, 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

Vendease, an online marketplace, has raised $3.2 million in seed funding

Tech Gist Africa by Tech Gist Africa
10/25/2021
in Funding, Innovator of the Week, News - West Africa, Venture Capital
0 0
0
Vendease Nigeria

Vendease Nigeria

0
SHARES
Share on FacebookShare on Twitter

Vendease, an online marketplace that connects restaurants and other food businesses with manufacturers and farms directly, has secured $3.2 million in a seed round.

Global Founders Capital and a stellar group of VCs/Angels spearheaded the investment round (including Y Combinator, Hustle Fund, Liquid 2 Ventures, Hack VC, Soma Cap, Tayo Oviosu, and John Obaro).

Tunde Kara, Wale Oyepeju, Gatumi Aliyu, and Olumide Fayankin started the company in January 2020.

Starting with Nigeria, the organization aims to address the issues and inefficiencies in Africa’s severely fragmented food sector.

Vendease is a plug-and-play technology that powers transactions between farmers and food businesses by ensuring 24-hour delivery, expense tracking, digital inventory management, and supply chain finance.

Tunde Kara, CEO, and co-founder of Vendease, claims that the company has saved 5,000 person-hours and moved 100,000 metric tons of food since its beginning.

Vendease is now active in three Nigerian cities: Lagos, Abuja, and Ibadan, and works with some of the country’s most well-known food companies, including Hard Rock, Krispy Kreme, and Shiro.

Vendease plans to use the funds to expand throughout Africa. Vendease will also be able to continue to develop its technological stack, as well as acquire relationships with payment platforms and banks to expand its financial solutions, including buy now, pay later.

 

Read more on Tech Gist Africa:

ILLA, a Cairo-based FMCG logistics firm, has completed a $2 million funding round

Sendbox, a Nigerian e-commerce fulfillment startup, has raised $1.8 million in a seed round

Asante, an Africa-focused fintech company, has raised $7.5 million in Series A 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

Deep.SA Saudi Arabia
Funding

Deep.SA, a Saudi Arabia’s AI startup  Raises $1.2M in seed funding

by Tech Gist Africa
08/22/2025
0

Deep.SA, a Saudi-based artificial intelligence startup, has successfully raised $1.2 million (SAR 4.5 million) in a pre-seed funding round. The...

Read more
Salasa Egypt

Salasa, an Egyptian logistics and supply chain startup Scores $30M Series B funding round

08/22/2025
Alaan Dubai UAE

Alaan, Dubai-based digital banking platform Raises $48M in Series A funding

08/21/2025
Breadfast Egypt

Breadfast, an  Egyptian food delivery startup Raises $10M in Funding 

08/21/2025
Chowdeck Nigeria

Chowdeck, a Nigerian Startup Raises $9M in Funding

08/20/2025
Next Post
Tesla

Hertz Orders 100,000 EVs in a $4.2 billion transaction, bringing Tesla's stock above $1 trillion for the first time

eNaira

Nigeria launches eNaira, Africa's first digital currency, after postponing the initial October 1 debut date

ORGANON AND FLAT6LABS

Organon and Flat6Labs have launched a femtech Accelerator for female digital healthcare startups in the MENA region

No Result
View All Result

The Big 5

African tech ecosystem

Africa’s Growing Role in Global Tech Partnerships: Collaboration with Silicon Valley and Beyond

by Tech Gist Africa
08/25/2025
0

...

MEST Africa Challenge 2025

Applications Open for 7th MEST Africa Challenge

by Tech Gist Africa
08/19/2025
0

...

African Startups

South Africa’s Female-Led Startups Invited to Apply for Innovest Ignite Accelerator

by Tech Gist Africa
08/19/2025
0

...

african tech startup

Airtel Africa Foundation Launches ‘Tech For Her’ to Upskill African Women

by Tech Gist Africa
08/19/2025
0

...

Africa startup entrepreneurshipAfrica startup entrepreneurship

Global Startup Ecosystems: Key Drivers of Innovation in Emerging Markets

by Tech Gist Africa
08/18/2025
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.