Deal Street

African Startup Funding Tracker

$422,389,000+

*Data updated daily at 18:00 EAT

Redcity Wins USD 2 K In Niprotech Pitch to Win Pre-Seed Competition
Redcity Wins USD 2 K In Niprotech Pitch to Win Pre-Seed Competition

Redcity wins equity-free investment N2 million (USD 2 K), including services and perks in the Niprotech “Pitch to win” pre-seed competition. Redcity is concluding distribution partnerships in Kenya, and Nigeria, that will help the company scale up its operations and increase its available products.

Redcity is a proptech that allows users to customize and order modular structures via an online platform while developing these products using sustainable engineering techniques. The startup provides access for commerce, remote communities, and in reestablishing socioeconomic communities after climate change disruptions. Redcity has partnered with multiple sustainable companies, EV companies, and commerce companies in developing modular structures to help scale small businesses and in establishing sustainably engineered structures for sustainable and Electric vehicle companies.