U.S.-European startup Cosmic Aerospace has raised $4.5 million in seed financing to progress development of a 24-passenger all-electric regional aircraft.
Pricepally, a Nigerian online grocery store for fresh produce and packaged food, has raised $1.3 million seed funding, backed by Samurai Incubate; a Japanese VC that also participated in the startup’s 2021 pre-seed round, SOSV, ELEA, Hi2 Global, Chui Ventures and ex-Unilever executive David Mureithi. Following the new funding, the startup joins a handful of African food e-commerce startups, including South Africa’s Yebo Fresh and Morocco’s Terraa, that have raised funding this year, as venture capitalists continue to scale back their operations.