Nigeria’s CcHUB Syndicate invests $267,500 into Oneport 365, Stears Business & Taeillo
Summary
The 3 startups, with valuations north of $17.5m, include Oneport 365, Stears Business and Taeillo will receive $267,500 in bridge financing to enable them to achieve critical milestones ahead of their next funding cycle. The startup wants to be 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. Taeillo is premium Afro-urban furniture and Lifestyle design Brand with afro-centric contemporary furniture pieces using its E-commerce and social commerce platform that embeds Augmented and Virtual Reality to amplify personalized customer experience. “Our first investment round lasted six weeks and we received mind-blowing investor feedback. Since the launch in December, more than 400 Investors signed-up to the syndicate, and over 30 investors have completed the KYC process and are committed to investing in the future of the African Innovation and Technology ecosystem.