Mind The Gap By Freshchat

Last week in Startups - Global - Mind the Gap News

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Sinopsis

This podcast will provide a 5 minute highlight reel of all that happened in the startup ecosystem last week. So let’s begin with the news around funding. So, guess what? This week’s startup funding scene has been quite great. We are talking about a total of 330 funding rounds, $6.7 billion total funding, 99 acquisitions recorded, and a transaction of a total acquisition amount of $7.3 billion. That being said, let’s dive right into the highlights. Gokada a Nigeria based ride-hailing startup raises $5.3M In many large cities across Africa, motorcycle taxis are the most common mode of shared transport. That includes Lagos, Nigeria, where ride-hail startup Gokada has raised a $5.3 million Series A round to grow its two-wheel transit business. Gokada has trained and on-boarded more than 1,000 motorcycles and their pilots on its app that connects commuters to moto-taxis and the company’s signature green, DOT– approved helmets. The startup has completed nearly 1 million rides since it was co-founded in 2018 by Fahi