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African Startup Funding Tracker

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Nigerian B2B Marketplace Sabi Raises USD 6 Mn Bridge Round
Nigerian B2B Marketplace Sabi Raises USD 6 Mn Bridge Round

B2B marketplace Sabi has announced the close of a USD 6 Mn bridge round to support its continued fast-paced growth in Nigeria and beyond. The round was led by CRE Venture Capital and also included investors including Janngo Capital, Atlantica Ventures, and Waarde Capital.

Sabi is optimizing Africa’s informal trade sector by bringing merchants and resellers into its network with curated business tools and services that help them reach new customers, improve cash flow, and streamline logistics.