June 18

Kenyan E-commerce Startup Sky.Garden Raises $4 Million Series A Funding Round

By Tom Jackson

Launched in May 2017, Sky.Garden is a software-as-a-service (SaaS) platform for mobile commerce that is built specifically for African businesses. Its easy-to-use online marketplace allows informal traders, SMEs and established businesses to sell their products.

Its technology has been built with a strong focus on African sellers and adapted to tap into the extensive logistics network of informal and structured shipping across the continent.

Sky.Garden raised a US$1.2 million seed funding round in 2018, and it has now taken on a further US$4 million in capital via a Series A round featuring SANAD Fund for MSMEAavishkaarUNCOVERED FUND and KSK Angel Fund, the latter founded by Japanese former AC Milan footballer Keisuke Honda.

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Source: Disrupt Africa (link opens in a new window)

accelerators, business development, e-commerce, financial inclusion