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June 8, 2022

Only One News: Nigerian startup Klasha will get an extra $2.1M for its cross-border commerce play

Lagos and San Francisco-based Klasha has obtained an extra $2.1 million to complete its $4.5 million seed round. The startup, which offers a number of merchandise for the cross-border commerce house in Africa, raised this new financing from a gaggle of worldwide traders co-led by American Categorical (AMEX) Ventures, the strategic funding group of American Categorical.

This funding is AMEX Ventures’ first in an African startup. The agency co-led the spherical with International Ventures, the MENA-focused VC that has backed the likes of Tabby, Helium Well being and Paymob. “I feel the truth that AMEX is now investing within the continent, particularly after investing in corporations like Stripe, is admittedly highly effective,” mentioned Klasha CEO Jessica Anuna to TechCrunch, including that International Ventures approaching board can also be noteworthy for the corporate.

Traders from its first seed tranche equivalent to Greycroft, Seedcamp, Plug and Play, Berrywood Capital and Breega doubled down.



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