Nigerian food delivery startup Chowdeck raises $9m to drive quick commerce and expand operations
Chowdeck raised $9 million in Series A funding to expand its African operations and implement a quick commerce strategy.
Leading investors, including Novastar Ventures and Y Combinator, support its efforts to scale sustainably and improve logistics.
Funds will enhance delivery services for food, groceries, and medicine, especially through dark stores and hyperlocal systems.
Chowdeck, Africa's leading on-demand delivery platform, has raised $9 million in Series A funding to expand into more cities in Nigeria and Ghana and roll out a quick commerce strategy aimed at speeding up grocery and local market deliveries.
The equity round was led by Novastar Ventures, with participation from Y Combinator, AAIC Investment, Rebel Fund, GFR Fund, Kaleo, HoaQ, and others.
The investors bring global networks, sector expertise, and operational know-how to help Chowdeck scale sustainably and navigate Africa's complex logistics landscape.
The fresh capital will support faster, more reliable delivery of food, groceries, and medicine. Chowdeck's quick commerce push, powered by dark stores and hyperlocal logistics, will cut delivery times, improve service coverage, and accelerate entry into underserved cities.
Commenting on the raise, Femi Aluko, CEO and co-founder of Chowdeck, said, 'We're thrilled about this round as it brings us closer to our vision of becoming Africa's number one super app, transforming how millions of Africans access food, groceries and essentials every day."
"This funding will supercharge our growth plans, enabling us to expand into more cities, reduce delivery times, scale our grocery footprint, and attract the best talent to drive innovation and customer satisfaction.'
Chowdeck's operation
Launched in October 2021, Chowdeck has become the go-to technology partner for food and hospitality businesses in Africa, offering solutions from logistics and inventory management to payments and analytics. Last year, the startup raised a $2.5 million seed round.
Today, it serves over 1.5 million customers through more than 20,000 riders across 11 cities, with average delivery times of 30 minutes.
The value of meals delivered via its platform in 2024 surged more than sixfold from the previous year, with 2025 already surpassing the total from last year.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
3 hours ago
- Business Wire
Resecurity and AfricaCERT Forge Strategic Partnership to Advance Cybersecurity Across the African Continent
LOS ANGELES & ACCRA, Ghana--(BUSINESS WIRE)-- Resecurity, Inc., a U.S.-based cybersecurity and threat intelligence company, has entered into a formal Joint Cooperation Agreement with AfricaCERT, the premier pan-African organization coordinating computer emergency response teams (CERTs) and national cybersecurity centers. This partnership lays the groundwork for long-term cooperation in sharing cyber threat intelligence, capacity building, and strategic incident response across Africa. Enhancing Regional Cyber Defense As part of the agreement, Resecurity will provide AfricaCERT with direct access to its Context ™ and Risk ™ advanced CTI platforms. The platforms are designed to support national-level threat monitoring, cyber risk intelligence, and digital investigations. This capability will enable AfricaCERT to detect real-time information leaks, identify malicious activity targeting African digital assets, and analyze emerging cyber threats impacting public and private sector entities across the continent. These are the same CTI Resecurity services used by NGOs both inside and outside Africa to fight human trafficking, fraud, and other illegal activities. AfricaCERT's leadership emphasized that real-time access to threat intelligence is crucial for preventing and responding to cyberattacks targeting national infrastructure, financial systems, and citizen data across Africa. 'Our main objective is to monitor, in real time, data related to information leaks and threats specifically targeting African countries,' said Mr. Kodzo Gadzekpo Adomey, Operations Manager at AfricaCERT. 'Through this collaboration, we gain visibility into global threat actors and campaigns that are impacting our region, and we strengthen our ability to coordinate international responses in a timely and effective manner.' A Shared Commitment to Intelligence-Led Security Resecurity's threat intelligence aggregates data from multiple sources, including the deep and dark web, closed forums, malware telemetry, and exposed data repositories. By leveraging this platform, AfricaCERT will be able to detect early warning signs of cyberattacks and act on verified intelligence to reduce risk across national and regional networks. 'We are honored to work alongside AfricaCERT in building stronger cyber defense capabilities throughout the continent,' said Shawn Loveland, Chief Operating Officer of Resecurity. 'This partnership demonstrates our shared commitment to promoting proactive, intelligence-led cybersecurity and advancing digital trust in the African region to support the continent's digitization.' Supporting Capacity Building and Incident Response Beyond technology enablement, the agreement supports broader strategic objectives, including: Capacity building through training, workshops, and joint exercises. Information sharing related to cybercrime trends, APTs, and digital fraud targeting African countries. Participation in international cybersecurity events and panels. Collaborative response to major incidents and transnational threats. AfricaCERT will support Resecurity's regional outreach through communications, references, and joint participation in cybersecurity development programs. The two organizations will also hold regular strategy meetings to review progress, share insights, and adapt to the evolving threat landscape. Governance, Confidentiality, and Long-Term Vision The agreement clearly defines terms related to confidentiality, usage restrictions, and intellectual property protections. It also outlines mutual responsibilities and future cooperation plans that both parties must adhere to. Both parties have agreed to respect sensitive data policies and uphold the trust of partners and stakeholders across the region. The signing of the agreement marks a significant milestone in Resecurity's global engagement strategy and reflects AfricaCERT's leadership in uniting security and incident response teams to build a resilient cyber ecosystem. About Resecurity Resecurity® is a cybersecurity company that delivers a unified endpoint protection, fraud prevention, risk management, and cyber threat intelligence platform. Known for providing best-of-breed data-driven intelligence solutions, Resecurity's services and platforms focus on early-warning identification of data breaches and comprehensive protection against cybersecurity risks. Founded in 2016, it has been globally recognized as one of the world's most innovative cybersecurity companies, with a sole mission to enable organizations to combat cyber threats, regardless of their sophistication. Most recently, Inc. Magazine named Resecurity one of the Top 10 fastest-growing private cybersecurity companies in Los Angeles, California. As a member of InfraGard National Members Alliance (INMA), AFCEA, NDIA, SIA, FS-ISAC, and the American Chamber of Commerce in Saudi Arabia (AmChamKSA), Singapore (AmChamSG), Korea (AmChamKorea), Mexico (AmChamMX), Thailand (AmChamThailand), and the UAE (AmChamDubai). To learn more about Resecurity, visit About AfricaCERT AfricaCERT is the Forum of African National and Regional Computer Emergency Response Teams. It plays a central role in promoting cybersecurity collaboration, coordinating incident response, and strengthening digital resilience across the African continent. AfricaCERT works to improve cyber preparedness by delivering technical training, establishing best practices, and supporting the creation and growth of Security operation centers and Incident Response Teams. It also facilitates the sharing of trusted information among its members and partners to address emerging threats and digital risks affecting critical infrastructure, government agencies, and private enterprises. As a key regional stakeholder, AfricaCERT collaborates with global organizations to shape a safer and more secure digital future for Africa. For more information, visit
Business Insider
8 hours ago
- Business Insider
Zambia warns $15000 US visa bond rule poses 'unnecessary financial strain'
The visa bond policy, enacted by the Trump administration, affects two African nations — Zambia and Malawi. It requires certain visitors from these countries to pay a refundable bond of up to $15000 as a condition for entry into the US and was introduced to encourage compliance with visa terms and curb overstays. The Zambian government's statement, issued on Friday, comes amid growing unease in several countries targeted by the rule, which Washington says is aimed at discouraging overstays on specific visa categories. ' While the (U.S.) government has a prerogative to initiate policy changes, the Zambian government views this development with serious concern, given its potential economic implications on trade, investment, tourism and people-to-people exchanges,' Foreign Minister Mulambo Haimbe said in the statement. ' This includes the unnecessary financial strain on Zambian nationals.' Malawi, another African nation affected by the policy, has also raised concerns over the measure. The move comes as Trump intensifies his crackdown on illegal immigration, increasing resources to secure the border with Mexico and arrest people in the U.S. illegally. Trump-era visa clampdown on African nations President Donald Trump has implemented a series of immigration measures that have had a pronounced impact on several African nations. These actions included tightening visa rules, expanding the travel ban in 2020 to cover Nigeria, Eritrea, Sudan, and Tanzania, and launching a visa bond program requiring applicants from certain countries to deposit up to $15,000. The policy changes, which also imposed stricter vetting on students and temporary workers, have fuelled perceptions of a U.S. increasingly resistant to African engagement. African governments and rights groups have condemned the measures as discriminatory and damaging to U.S.-Africa relations. While Washington insists that the visa bond is refundable if travellers comply with visa term such as departing on time, critics argue the requirement disproportionately burdens lower- and middle-income applicants, while leaving wealthier travellers relatively unaffected. Diplomatic discussions are ongoing, with Zambia signalling plans to press the U.S. for either an exemption or a review of the policy.
Business Insider
10 hours ago
- Business Insider
Nigerian food delivery startup Chowdeck raises $9m to drive quick commerce and expand operations
Chowdeck has raised $9 million in Series A funding to expand into more cities and roll out a quick commerce strategy aimed at speeding up grocery and local market deliveries. Chowdeck raised $9 million in Series A funding to expand its African operations and implement a quick commerce strategy. Leading investors, including Novastar Ventures and Y Combinator, support its efforts to scale sustainably and improve logistics. Funds will enhance delivery services for food, groceries, and medicine, especially through dark stores and hyperlocal systems. Chowdeck, Africa's leading on-demand delivery platform, has raised $9 million in Series A funding to expand into more cities in Nigeria and Ghana and roll out a quick commerce strategy aimed at speeding up grocery and local market deliveries. The equity round was led by Novastar Ventures, with participation from Y Combinator, AAIC Investment, Rebel Fund, GFR Fund, Kaleo, HoaQ, and others. The investors bring global networks, sector expertise, and operational know-how to help Chowdeck scale sustainably and navigate Africa's complex logistics landscape. The fresh capital will support faster, more reliable delivery of food, groceries, and medicine. Chowdeck's quick commerce push, powered by dark stores and hyperlocal logistics, will cut delivery times, improve service coverage, and accelerate entry into underserved cities. Commenting on the raise, Femi Aluko, CEO and co-founder of Chowdeck, said, 'We're thrilled about this round as it brings us closer to our vision of becoming Africa's number one super app, transforming how millions of Africans access food, groceries and essentials every day." "This funding will supercharge our growth plans, enabling us to expand into more cities, reduce delivery times, scale our grocery footprint, and attract the best talent to drive innovation and customer satisfaction.' Chowdeck's operation Launched in October 2021, Chowdeck has become the go-to technology partner for food and hospitality businesses in Africa, offering solutions from logistics and inventory management to payments and analytics. Last year, the startup raised a $2.5 million seed round. Today, it serves over 1.5 million customers through more than 20,000 riders across 11 cities, with average delivery times of 30 minutes. The value of meals delivered via its platform in 2024 surged more than sixfold from the previous year, with 2025 already surpassing the total from last year.
