Funding Roundup: JOKR, Koltiva, ANKA and Others Acquire Fresh Funds
It has been a great couple of weeks for startups in the e-commerce, logistics and supply chain space. In this week’s Ecosystem Funding Roundup, we are thrilled to feature 6 of their notable achievements:
ANKA Pre-Series A Funding
Ivorian-based e-commerce platform ANKA, has transitioned from operating a marketplace for African-based clothing, accessories, and crafts to a comprehensive SaaS e-commerce platform.? It serves exporters, online merchants, and drop shippers, with the goal of consolidating various channels onto a single platform. In a recent pre-Series A funding round, ANKA raised $5 million to strengthen product development and expand services in key markets, including Nigeria, Kenya, and the U.S.
Year Founded: 2016
Founder(s): Moulaye Taboure, Kadry Diallo and Luc B. Perussault Diallo
Location: Abidjan, Lagunes, Ivory Coast
Latest Funding: $5M
Lead Investor(s): Undisclosed
Bababos Seed Funding
Bababos, an Indonesian procurement platform, aims to address challenges faced by SME manufacturers, including limited access to quality raw materials and opaque pricing. Bababos uses technology to digitize procurement processes and optimize delivery, with plans to develop a web application for online transactions. Bababos recently raised $3M in seed funding led by East Ventures. It will be used to accelerate business expansion and enhance technology, connecting SME manufacturers with raw material suppliers.?
Year Founded: 2022
Founder(s): Fajar Adiwidodo, Sigit Aryo Tejo and Hendrik Panca
Location: Jakarta, Indonesia
Latest Funding: $3M
Lead Investor(s): East Ventures
Complete Farmer Pre-Series A Funding
Ghanaian agritech firm Complete Farmer is an end-to-end agricultural marketplace connecting African producers and global buyers. It provides data-driven cultivation protocols to enhance farming and has connected over 12,000 farmers while managing the cultivation of 30,000 acres in Ghana. The company secured $10.4M in a pre-series A funding round, which will be used to develop technical and physical infrastructure for the agricultural value chain in Africa.?
Year Founded: 2017
Founder(s): Desmond Koney
Location: Accra, Ghana
Latest Funding: $10.4M
Lead Investor(s): Acumen Resilient Agriculture Fund (ARAF) and Alitheia Capital
JOKR Series D Funding
JOKR, an online grocery delivery company that operates in Latin America, specializes in delivering a wide range of grocery products to customers’ doorsteps. It offers a wide variety of grocery products, with approximately 10,000 items available to customers. JOKR has secured $50M in Series D funding, which the new investment is expected to enhance profitability, solidify its position in Brazil's grocery market, expand its product range, and grow within current metropolitan areas.
Year Founded: 2021
Founder(s): Ralf Wenzel
Location: Berlin, Germany
Latest Funding: $50M
Lead Investor(s): Convivialité Ventures
Koltiva Series A Funding
Koltiva, a Jakarta based sustainable farming and supply chain startup, has raised a seven-figure Series A financing round led by AC Ventures. Koltiva aims to create a transparent and sustainable global trade ecosystem by offering comprehensive seed-to-table traceability, training, climate-smart farm support, and risk alerts to assist companies in adhering to evolving regulations and sustainable practices. The funding will be used to expand its SaaS platform, enabling multinational corporations to achieve supply chain traceability from seed to table.
Year Founded: 2013
Founder(s): Manfred Borer, Furqonuddin Ramdhani and Ainu Rofiq
Location: Jakarta, Indonesia
Latest Funding: Undisclosed
Lead Investor(s): AC Ventures
Zerobroker Seed Funding
Zerobroker, a logistics startup based in San Francisco, secured $6.5M in seed funding led by Flexport, FundersClub, and Streamlined Ventures. Zerobroker connects shippers directly with truckers, removing the 20-30% commission fee from freight brokers. Their AI platform automates 90% of logistics tasks, offering real-time shipment visibility and compliance. The funding will be used for team expansion and platform enhancements with features like long-term contract pricing and support for additional freight modes.
Year Founded: 2017
Founder(s): Georgy Melkonyan
Location: San Francisco, California, United States
Latest Funding: $6.5M
Lead Investor(s): Flexport, FundersClub, and Streamlined Ventures
For more exclusive reports, insights, and interviews on the latest updates in e-commerce and logistics, follow us on LinkedIn or join our community as a member.
