Dakar, Senegal, 04 October 2023 – Noru Capital, first venture capital firm to back Lengo, is excited to announce the successful completion of their pre-seed funding round.
Based in Dakar, Lengo AI enables fast-moving consumer goods (FMCG) brands to track their performance across tens of thousands of informal retail points in Africa. As the startup’s first VC investor, Noru Capital is joined in this round by top-tier VC firms from the continent, such as Acasia Ventures, Ventures Platform, Launch Africa Ventures, P1 ventures, along with other funds and business angels. This investment will empower Lengo to strengthen its team, expand its revenues, and accelerate the integration of AI into its products, taking a significant step toward realizing its grand mission: « Stop Guessing Africa. »
Stop Guessing Africa.