Nigerian Startup CutStruct Raises USD 600 K Pre-Seed Funding Round

Nigerian startup CutStruct Technology has raised a USD 600 K pre-seed funding round to assist in the development and scaling of its B2B construction procurement product LiveVend. The round was led by Zedcrest Capital, DFS Lab, and LoftyInc, with the participation of angel investors including Kola Aina.

CutStruct has built LiveVend, a construction procurement platform that allows buyers like real estate developers and contractors to engage vetted vendors while enjoying other services such as transportation, goods-in-transit insurance, and trade credit.