South African logistics software platform Tripplo, has closed its seed funding extension round with a $1.8 million equity investment. The round was led by Futuregrowth Asset Management (representing Old Mutual Life Assurance Company South Africa) and followed by Galloprovincialis. Standard Bank of South Africa, Founders Factory Africa, and Digital Africa Ventures also participated in the round. “We are thrilled to welcome Futuregrowth Asset Management and Galloprovincialis as strategic partners on our journey to reshape the logistics sector,” says Victor Chaitezvi, founder and CEO of Tripplo. Tripplo provides a logistics software platform that facilitates the safe and efficient movement of road freight cargo across the Southern African Development Community.

Source: Daily Nation October 16, 2023 10:29 UTC