Kobo360 lands $6-million equity investment from World Bank’s IFC

The IFC, a member of the World Bank Group, has announced a $6-million equity investment in Nigerian tech startup Kobo360.
The startup’s e-logistics platform helps connect the supply of trucks with the demand for transportation services by cargo owners in Nigeria.
Today’s announcement follows a $1.2-million seed round led by US venture capital firm Western Technology Investment that the startup announced in June, while earlier this year the startup was accepted into Y-Combinator’s 2018 Summer cohort, and received a $120 000 equity investment from the seed fund.

Nigeria logistics startup Kobo360 has landed a $6-million equity investment from the IFC

The IFC said in a statement today that the investment was led by the […]

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