Alerzo, a business-to-business technology and services platform focused on Nigeria’s informal retail sector, announced $10.5 million in series A funding. The round was led by Nosara Capital, with participation by Galaxy Digital, the family office of Michael Novogratz, FJ Labs, and several family offices from the US, Europe and Asia.

This brings the company’s total funding to more than $20 million. Alerzo’s early investors include the Baobab Network, an Africa-focused accelerator ...