Co-creation Hub (CcHub) has announced the closing of the first round of investments for the CcHUB Syndicate.
CcHub in a statement said that it invested in 3 technology companies with valuations above $17.5m and are focused on building critical digital infrastructure to be deployed across Africa.
Meet the Startups:
The investee companies will receive $267,500 in bridge financing to enable them to achieve critical milestones ahead of their next funding cycle.
Oneport 365 Limited
Oneport is a B2B digital freight forwarding platform with a mission to usher in the radical change that enhances Africa’s participation in global trade by offering simplified, all-inclusive, and transparent freight forwarding services driven by technology.
The company has positioned itself as the “booking.com” of the African logistics and supply chain industry by leveraging technology to provide an end-to-end digitized platform geared at solving the problems that exist within the highly fragmented logistics industry.
Stears Business
Stears is a digital information company that makes it possible for anyone, anywhere in the world, to access high-quality information on Africa. Stears collects, structures, analyses, and disseminates information to enterprise (Stears Data) and individual customers (Stears Business).
Taeillo
Tǽillὸ is premium Afro-urban furniture and Lifestyle design Brand. The company offers unique afro-centric contemporary furniture pieces using its E-commerce and social commerce platform that embeds Augmented and Virtual Reality to amplify personalized customer experience.
Since the launch of the Syndicate Fund in December, more than 400 Investors has signed-up and over 30 investors have completed the KYC process and are committed to investing in the future of the African Innovation and Technology ecosystem says the leading tech hub in Nigeria.
With the completion of this first round, the next funding round will open at the end of March 2021.
