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Nigerian logistics startup Kobo360 raises $30M

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Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks.
Startup Funding News: Nigerian logistics startup Kobo360 raises $30M

Startup Funding News: Nigerian logistics startup Kobo360 raises $30M

Courtesy TechCrunch: Click here to read the full news

Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks.

The company — with an Uber-like app that connects truckers and companies to delivery services — will use the funds to upgrade its platform and expand to 10 new countries beyond the current operating markets of Nigeria, Togo, Ghana, and Kenya.

Read more on TechCrunch.

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