This summary is generated by an algorithm. If you find any mistakes, let us know.

Africa Digital Marketing Digital Media Email Marketing Marketing Automation Messaging SMS

Nigeria’s Termii raises $1.4M seed led by Future Africa and Kepple Africa Ventures

– Termii, a Nigerian communications platform-as-a-service startup, raised $1.4m seed funding.
– The round was co-led by African early-stage VC firm Future Africa and Japanese but Africa-focused VC Kepple Africa Ventures.
– Other investors include Acuity Ventures, Aidi Ventures, Assembly Capital, Kairos Angels, Nama Ventures, RallyCap Ventures and Remapped Ventures.
– Angel investors like Ham Serunjogi, co-founder and CEO of Chipper Cash; Josh Jones, former co-founder and CTO, Dreamhost; and Tayo Oviosu, co-founder and CEO of Paga also participated.

Source
AgTech Communities Emerging Markets Europe Farming Internet Machine Learning Peer to Peer SMS Social Entrepreneurship

Wefarm adds $11M to expand its network for independent farmers, now at 2.5M users

– Wefarm, a social networking platform aimed at independent farmers to help them meet each other, exchange ideas and get advice, and sell or trade equipment and supplies, has raised $11m funding.
– The funding is an extension to the company’s 2019 Series A, and is being led by Octopus Ventures.
True Ventures (which led the 2019 round), Rabo Frontier Ventures, LocalGlobe, June Fund and AgFunder also participated.
– Wefarm has raised $32m since being founded in 2015.
– To date, London-based Wefarm has primarily found traction in countries in East Africa.
– Its service is available via a website, but most of its users are accessing without any internet use at all, via the company’s SMS interface.

Source
Advertising E-Commerce Enterprise North America Sales Automation SMS

Postscript Raises $35M in Series B Funding

– Postscript is a Scottsdale, Ariz.-based text message marketing platform for Shopify stores.
– Company raised $35m in Series B funding led by Greylock Partners with participation from YC Continuity Fund, OpenView, and others.
– The new investment will be used to further develop products with immediate investment into new features and improvements that continue maximizing SMS as a customer lifecycle channel and delivering ecommerce experiences over SMS and grow the team with additional talent in customer success, engineering, and go-to-market.

Source
Crunchbase icon

Content report

The following text will be sent to our editors: