E4EAfrica leads seed round for South Africa's TUNL
E4EAfrica leads seed round for South Africa's TUNL
TUNL, a tech-enabled courier platform that enables affordable parcel exports from Africa, has raised a seed round.
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TUNL, a tech-enabled courier platform that enables affordable parcel exports from Africa, has announced that it has raised a seed round led by E4EAfrica, together with Jonathan Smit, Jozi Angels and an SPV arranged by Utopia Capital Management.
The company said: "Together with the continued support of our other early backers, 54 Collective and Digital Africa Ventures, this investment will continue to drive our rapid growth as we empower South African SMEs to thrive in the global marketplace. At TUNL, our mission has always been clear: support SMEs to export more by removing the barriers to international selling and shipping.
"We now support over 1,400 merchants in reaching their customers all over the world! Amazing and varied brands like Versus Socks, Freedom of Movement, Ciovita, Bambalam, and Noodle and Bun have seen transformative results using TUNL to supercharge their international sales."
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