Food and Beverage Startups in Africa

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Food and Beverage in Africa: Growing market with intense competition. Promasidor, AgriProtein, Edita leading players. Local business leaders see opportunities in value-added products, innovation, and distribution channels. Challenges include infrastructure, supply chain disruptions, and affordability.

Cummulative Funding

$118.7M+

Total # of Companies

12

Total Deal Count

19

Total M&A Count

0

Total # of Investors

58

List of Food and Beverage startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Beloxxi is a Nigerian distributer and importer of branded biscuits from an international source.

Private Equity

$ 80,000,000

1994

2.

Vendease is a Nigerian online marketplace for Africa's food service businesses.

Debt Financing

$ 33,325,000

2019

3.

Star Kitchens is a cloud-based restaurant software built for African chefs and food business owners.

Seed

$ 4,500,000

2020

4.

Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.

Funding Round

$ 850,000

2018

5.

Drinks.ng is a technology based company transforming the way beverages are shopped, sold and shipped online in Nigeria

Angel

$ 100,000

2013

6.

Cold Hubs is a Nigerian-based platform with solar-powered cold stations for 24/7 storage and preservation.

Non-equity Assistance

$ 2,600

2015

7.

Powerstove Energy is a Nigerian startup which uses technology to deliver a smokeless, IoT-enabled cookstove that generates electricity.

Grant

Undisclosed

2018

8.

BottleKing NG: Top Liquor Store in Lagos for Online Alcohol Orders and Fast Delivery

Undisclosed

Undisclosed

2006

9.

Sendme is using social commerce and artificial intelligence to meet the animal protein demands of Nigerian households and businesses at excellent prices.

Seed

Undisclosed

2020

10.

Heyfood provides an online food ordering and delivery system for restaurants.

Seed

Undisclosed

2021

11.

1TimeShop: Your all-in-one solution for quick, convenient deliveries, taxi rides, logistics, and service providers. we're here to make your life easier.

Undisclosed

Undisclosed

2021

12.

iKooK is a platform where you can book a private chef to cook for you at home or at any of your events.

Undisclosed

Undisclosed

2020

Beloxxi

Founded

1994

Overview

Beloxxi is a Nigerian distributer and importer of branded biscuits from an international source.

Last round

Private Equity

Total raised

$ 80,000,000

Employee

101-250

VendEase

Founded

2019

Overview

Vendease is a Nigerian online marketplace for Africa's food service businesses.

Last round

Debt Financing

Total raised

$ 33,325,000

Employee

11-50

Founded

2020

Overview

Star Kitchens is a cloud-based restaurant software built for African chefs and food business owners.

Last round

Seed

Total raised

$ 4,500,000

Employee

2-10

Jamborow

Founded

2018

Overview

Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.

Last round

Funding Round

Total raised

$ 850,000

Employee

2-10

Drinks NG

Founded

2013

Overview

Drinks.ng is a technology based company transforming the way beverages are shopped, sold and shipped online in Nigeria

Last round

Angel

Total raised

$ 100,000

Employee

11-50

Cold Hubs

Founded

2015

Overview

Cold Hubs is a Nigerian-based platform with solar-powered cold stations for 24/7 storage and preservation.

Last round

Non-equity Assistance

Total raised

$ 2,600

Employee

11-50

Founded

2018

Overview

Powerstove Energy is a Nigerian startup which uses technology to deliver a smokeless, IoT-enabled cookstove that generates electricity.

Last round

Grant

Total raised

$ 0

Employee

2-10

Founded

2006

Overview

BottleKing NG: Top Liquor Store in Lagos for Online Alcohol Orders and Fast Delivery

Last round

Undisclosed

Total raised

$ 0

Employee

10-50

Sendme

Founded

2020

Overview

Sendme is using social commerce and artificial intelligence to meet the animal protein demands of Nigerian households and businesses at excellent prices.

Last round

Seed

Total raised

$ 0

Employee

11-50

Heyfood

Founded

2021

Overview

Heyfood provides an online food ordering and delivery system for restaurants.

Last round

Seed

Total raised

$ 0

Employee

2-10

1TimeShop

Founded

2021

Overview

1TimeShop: Your all-in-one solution for quick, convenient deliveries, taxi rides, logistics, and service providers. we're here to make your life easier.

Last round

Undisclosed

Total raised

$ 0

Employee

10-50

iKooK

Founded

2020

Overview

iKooK is a platform where you can book a private chef to cook for you at home or at any of your events.

Last round

Undisclosed

Total raised

$ 0

Employee

2-10

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