TopUp Mama, an Kenyan startup, receives seed round funding of $1.7 million

TopUp Mama, a Kenyan startup connecting African eateries to supplies, banking services and business management tools, has raised US$1.7 Million in venture capital. 

Ventures Platform and JAM Fund led this seed round. Next Billion Ventures and Future Africa joined the group, as well as HoaQ Fund and First Check Africa. 

TopUp Mama provides all the necessary supplies and short-term financing for Nigerian and Kenyan restaurants and gives them tools and support to run their businesses.

. It was founded by Njavwa Mutabo, Emilie Blauwhoff, Andrew Kibe in 2021. 

“I grew up in a restaurant in Zambia, and I’ve seen firsthand how tiny companies can change people’s lives.” This is why TopUp Mama’s CEO, Njavwa Mutambo, is passionate about growing restaurant contributions to Africa’s GDP. 

“Topup Mama gives restaurant operators access to low-cost ingredients and advanced data analytics so they can serve great meals that keep us nourished and bring us together.” They also assist eateries in expanding their consumer base while enhancing efficiency,” he added. 

Since its initial seed round ten years ago, the company has seen a tremendous growth rate of over 1,000%. It has signed up more than 3,000 restaurants and expanded into Nigeria. 

TopUp Mama will use the capital to expand and improve its technology as well as to increase its restaurant sales management capabilities.

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