Kenyan based B2B platform raises $40m series A funding

MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, has announced the closing of a $40 million series A round.

The round was led by V8 Capital Partners – a London and Lagos based African-focused investment vehicle – with participation from Ten13 VC, SOSV Select Fund, Vu Ventures, Vastly Valuable Ventures and Uncovered Fund, along with a number of existing investors: Reflect Ventures, Greenhouse Capi...

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