Ariika reported a compounded annual growth rate (CAGR) of 90% since its inception, serving over one million customers worldwide and generating 15% of its revenue through exports.
To date, Qara has authenticated over 28 million product units and connected more than 50,000 business users across its primary markets of Egypt, KSA, and Kenya.
The investments will focus on pre-seed, seed, and growth-stage startups across key regions, including West and East Africa, South Asia, and Latin America.
The capital injection from Kua Ventures will enable Continental Seeds to scale its operations, reach more farmers, and encourage youth participation in agriculture.
Ariika reported a compounded annual growth rate (CAGR) of 90% since its inception, serving over one million customers worldwide and generating 15% of its revenue through exports.
CDG Invest’s involvement in Upfund follows its recent participation in a $2.4 million seed round for Amsterdam-based hospitality tech startup Userguest.
