May 16

Gricd Rebrands As ‘Figorr’, Announces $1.5 Million Seed Funding to Support Data-Driven Insurance for Perishable Goods in Africa

By Oluwasegun Olukotun

Gricd, a technology company that develops Internet of Things-powered solutions to support the last-mile delivery of perishable goods, has secured $1.5 million in a seed funding round led by Atlantica Ventures, with participation from Vested World, Jaza Rift and Katapult, to expand across Africa and deliver new solutions that will make it easier to insure perishable goods on the continent. The company has also rebranded as ‘Figorr’, signalling its new focus on software solutions.

Photo courtesy of ICT4D.at.

Source: Innovation Village (link opens in a new window)

data, distribution, Internet of Things