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Kobo360
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Kobo360

https://www.kobo360.com/
Last activity: 27.01.2025
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Categories: AfricaTechCargoDeliveryFreightGoodsLogisticsManufacturingPlatformSupplyTechnology
Kobo360, is a privately owned, pan-african technology company disrupting and leading African third-party logistics industry.

Through an all-in-one robust platform that instantly connects cargo owners to trucks and drivers, Kobo uses big data and agile technology to reduce friction and scale efficiency in the African logistics ecosystem.

The company has designed effective solutions for the challenges in the logistics space by connecting asset owners in the industry with the MSMEs that need their services.

Kobo is also preparing to enter the agro-trading space by developing a marketplace that connects farmers with buyers all over the world. The marketplace will effectively eliminate the high cost of middlemen for smallholder farmers and significantly increase their profits.
Followers
22.33K
Website visits
26K /mo.
Mentions
89
Location: Nigeria, Lagos State, Oke Ira
Employees: 501-1000
Total raised: $127.4M
Founded date: 2018

Investors 6

Funding Rounds 7

DateSeriesAmountInvestors
14.08.2019Series A$30MGoldman Sa...
10.12.2018-$6MIFC Ventur...
07.12.2018-$57.8MIFC Ventur...
03.07.2018Seed$1.2M-
29.06.2018Seed$1.2M-
29.06.2018Pre-Seed$1.2M-
--$30M-

Mentions in press and media 89

DateTitleDescription
27.01.2025Bento Africa under investigation by LIRS and EFCC; CEO Okubanjo denies allegationsBento Africa, a Nigerian technology HR startup founded in 2019, is facing allegations of failing to remit tax and pension payments on behalf of clients. The allegations, which are now being investigated by the Lagos Inland Revenue Service (...
08.11.2024Leadership Shakeup at Kobo360: A Fork in the Road for African LogisticsThe recent resignation of Ciku Mugambi as CEO of Kobo360 has sent ripples through the logistics sector in Africa. This move raises critical questions about the future of a company that has rapidly expanded its footprint across the continent...
05.11.2024The Pulse of Progress: Celebrating LGBTQ+ Activism and Navigating Corporate ChangeIn the heart of New York City, a vibrant celebration unfolded last Friday. Destination Tomorrow, a national LGBTQ+ nonprofit, hosted its inaugural Angie Awards. This gala marked not just a milestone for the organization but also a tribute t...
05.11.2024Kobo360 CEO resigns: What Ciku Mugambi's departure means for the logistics firmKey takeaways: Kobo360 CEO Ciku Mugambi has stepped down after one year, sparking questions about the future of the logistics giant. Kobo360 operates in multiple African markets and has raised substantial funding for regional expansion. The...
04.11.2024Breaking: Kobo360 CEO Cikü Mugambi resigns one year after taking the reinsCikü Mugambi, CEO of Kobo360, a logistics startup that provides access to trucks for businesses like Dangote, Unilever, and Flour Mills, has resigned after one year. Mugambi, who joined Kobo360 in 2021 from the International Finance Corpora...
23.04.2024TLcom Capital Closes Africa's Largest Early-Stage VC Fund at $154 MillionTLcom Capital, an African VC firm, has successfully closed its second fund, TIDE Africa Fund II, at $154 million, solidifying its position as the largest investor in seed and Series A startups across Africa. The oversubscribed fund attracte...
22.04.2024TLcom closes Africa’s largest early-stage VC fund at $154 MillionToday, TLcom Capital, the Africa-focused venture capital firm, announced the final close of TIDE Africa Fund II, its second fund for technology in Africa, at $154 million. Confirming TLcom Capital’s status as Africa’s largest Seed and Serie...
10.10.2023TLcom announces Africa Tech Female Founder Summit 2023TLcom Capital, the Africa-focused venture capital firm, has officially announced its fifth annual Africa Tech Female Founder Summit, which will be held on Tuesday 14th November 2022 in Lagos, Nigeria. The headline session will feature a fir...
27.09.2023Data snapshot: the largest funding rounds of the decade for Africa agrifoodtechData snapshot is a regular AgFunderNews feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts ab...
07.07.2021IFC's TechEmerge and Kobo360 to Pilot Game-Changing Sustainable Cooling Innovations in NigeriaLagos, Nigeria, July 7, 2021 - Eleven global innovators have been selected to partner with 15 leading Nigerian companies to pilot cost-effective, climate-smart technologies to strengthen the country's temperature-controlled logistics supply...
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