ANKA, an Ivorian SaaS e-commerce platform for African businesses, has raised $5 million. The pre-Series A extension round is a mix of equity and debt; last January, ANKA, formerly Afrikrea, raised $6.2 million. The seven-year-old startup has secured $13.5 million from investors since its inception. In a statement, ANKA said it will use the fresh […],
ANKA Raises $5 Million in Pre-Series A Funding
ANKA, the leading Ivorian SaaS e-commerce platform for African businesses, recently announced that it has raised an impressive $5 million in a pre-Series A extension round. This funding round is a mixture of equity and debt, and it follows the successful $6.2 million raised by ANKA in January of this year. Over the course of its seven-year existence, the startup has managed to secure a total of $13.5 million from investors.
Exponential Growth and New Opportunities
With this fresh injection of funds, ANKA is poised to embark on a remarkable growth journey. The company plans to utilize the capital to expand its operations, enhance its technology infrastructure, and further strengthen its position as a key player in the e-commerce sector across Africa. ANKA’s success is a testament to their innovative approach and dedication to bridging the gap between local artisans and global consumers.
Transforming African E-commerce
ANKA’s mission is to empower African businesses and promote local talent on a global scale. By providing a robust platform and set of tools, ANKA enables entrepreneurs and artisans to showcase their products to a larger audience. This not only drives economic growth but also preserves and celebrates Africa’s rich cultural heritage. ANKA’s success story has caught the attention of investors and industry experts alike, who see immense potential in the company’s ability to revolutionize e-commerce in the African market.
A Bright Future for ANKA
ANKA has firmly established itself as a trailblazer in the e-commerce industry, and their latest funding round signifies a promising future ahead. As they continue to expand their reach and offer innovative solutions, ANKA is well-positioned to fuel the growth of African businesses, empower local artisans, and reshape the e-commerce landscape across the continent. With a total funding of $13.5 million, ANKA proves that they are a force to be reckoned with in the ever-evolving world of e-commerce.
Reference: [TechCrunch](https://techcrunch.com/2022/07/21/african-saas-ecommerce-platform-anka-raises-5m-in-pre-series-a-funding/)
Original article: Link
