African B2B e-commerce startup Sabi tops $300M valuation in new funding

Drones

Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy, has raised $38 million in Series B funding at a valuation of $300 million, according to two people familiar with the matter, signaling revived investor interest in a B2B e-commerce market going through some reckoning. Frankfurt-based specialist fintech investor CommerzVentures, Stockholm-based…

African B2B e-commerce startup Sabi tops $300M valuation in new funding

Smart Cars

Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy, has raised $38 million in Series B funding at a valuation of $300 million, according to two people familiar with the matter, signaling revived investor interest in a B2B e-commerce market going through some reckoning. Frankfurt-based specialist fintech investor CommerzVentures, Stockholm-based…