Tuesday, July 22, 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

Yebo Fresh, a South African food e-commerce startup, raises $4.5 million in a pre-Series A round

Tech Gist Africa by Tech Gist Africa
02/04/2023
in Funding, News - South Africa
0 0
0
Yebo Fresh South Africa, Jessica Boonstra

Yebo Fresh South Africa, Jessica Boonstra

0
SHARES
Share on FacebookShare on Twitter

Yebo Fresh, a South African e-commerce startup that delivers fresh food and groceries to communities, has raised US$4.5 million in pre-Series A equity funding. 

In addition to Harvest, the local investment fund of Endeavor, and impact investor Elea Foundation from Switzerland, Enza Capital led the round. E4E Africa also made new investments. 

Yebo Fresh is an online grocery delivery service for township communities that was introduced in 2018 and is based in the garage of entrepreneur Jessica Boonstra’s house. It serves areas that are typically underserved by most formal merchants. 

Through partnerships with a quickly expanding network of spaza stores, prepared food outlets, and other township businesses, the firm now provides delivery to more than 25 townships in the greater Cape Town and Johannesburg areas. 

The CEO of Yebo Fresh, Boonstra, stated that “the township market is growing quickly and we are happy to be at the forefront of its digital revolution.” “With the help of this finance, we will be able to develop into new product categories and market niches, upgrade our systems and warehouse infrastructure, and look into new business alliance options with key industry players. Additionally, it would help us gain more data insights, which will reinforce our competitive advantage in this sizable market niche. 

With the additional investment, the business will be able to grow even more, considerably improve its physical and system infrastructure, and recruit new personnel.

 

Read more on Tech Gist Africa:

Flow, a South African prop-tech startup, has received $4.5 Million in pre-Series A funding

Carry1st, a South African mobile games publisher, has raised $27 Million in pre-Series B funding

London/South Africa-based Centbee obtains $1 million

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

Cerebrium South Africa
Funding

Cerebrium, a South African AI startup raises $8.5 million seed funding

by Tech Gist Africa
07/11/2025
0

Cerebrium, a South African–founded AI infrastructure startup, has raised an $8.5 million seed funding round. The round was led by...

Read more
BuuPass QuickBus Kenya

BuuPass, a Kenyan mobility startup has secured strategic funding from Yango Ventures

07/10/2025
Complete Farmer Ghana

Complete Farmer, a Ghana-based agritech company Raises $2.5 Million

07/09/2025
Wave Senegal

Wave, a Senegal‑based fintech startup has secured a $137 million debt financing facility

07/09/2025
Liquify Ghana

Liquify, a Ghanaian fintech startup has raised $1.5 million in seed funding

07/08/2025
Next Post
Convergence Partners South Africa

Convergence Partners, a South African private equity firm has secured $296 million

Trade Lenda Nigeria

Trade Lenda, a fintech startup in Nigeria, secures a $520,000 pre-seed funding. 

Africa Tech Summit Nairobi 2023

14 startups have been selected to pitch live at the Africa Tech Summit in Nairobi

No Result
View All Result

The Big 5

Africa Tech

Tech Diplomacy: How Africa is Leveraging Technology for International Relations and Development

by Tech Gist Africa
07/21/2025
0

...

Media and Entertainment

How African Technology is Changing the Face of Media, Entertainment, and Digital Content

by Tech Gist Africa
07/14/2025
0

...

Ecobank

Ecobank, Google Partner to Boost Financial Inclusion and Innovation Across Africa

by Tech Gist Africa
07/08/2025
0

...

AWIEF

AWIEF 2025 Awards Nominations Now Open to Celebrate Africa’s Top Women Entrepreneurs

by Tech Gist Africa
07/08/2025
0

...

Google for Startups Accelerator Africa

15 African AI startups Selected for Google for Startups Accelerator Africa

by Tech Gist Africa
07/08/2025
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.