*Data updated daily at 18:00 EAT
Nigeria’s Norebase has announced it has secured a USD 1 Mn pre-seed funding round led by Samurai Incubate and Consonance Investment with participation from Sahil Lavingia (Gumroad), Kinfolk VC, Future Africa, Ventures Platform, Microtraction, Boleh Venture, Voltron Capital, Wuri Ventures, and Afropreneur. There were also angel investments from African tech ecosystem leaders Shola Akinlade (Paystack), Odunayo Eweniyi (Piggyvest), Adia Sowho (MTN Nigeria), Akin Oyebode, and Seni Sulyman.
Norebase is an African trade technology company building a single platform for businesses to start, scale and operate in any African country. The company has launched Norebase Incorporation API, an API service enabling other companies to provide incorporation services to their own customers via their websites. By integrating with Norebase API, any company can provide its customer with a simple form, and the information filled on that form is automatically transmitted to Norebase to register a business on behalf of that customer.
The funding will help accelerate their plans to build a plug-and-play company incorporation technology, broaden their trademark registration technology stack, bolster their existing team of world-class talent and develop more research-led solutions.