MAKA, a fashion and beauty e-commerce platform, has raised $2.65m in the pre-seed round.
It noted that its round was co-led by investors such as 4DX Ventures and Janngo, Palm Drive Capital, Jonathan Shipman, and executives from delivery platform Wolt.
In a statement, the co-founder and Chief Executive Officer of MAKA, Diana Owusu-Kyereko, said, “African e-commerce deserves better, and we’re driven by our belief that everyone should be able to easily discover their style, feel represented, and express their individuality.
“Our technology, coupled with our team of experts, not only empowers users but also liberates them to confidently explore and make purchases from verified and trusted brands.”
According to Owusu-Kyereko, the firm’s focus remains clear, and it is committed to providing its users with an authentic space to explore their unique style while empowering creators to showcase their content and connect with new audiences.
“We want to foster meaningful connections between creators and customers,” he added.
The founder and Executive Chair of Janngo Capital, Fatoumata Bâ, added, “We were drawn to MAKA’s vision as they leverage technology to empower both consumers and creators, thus cementing their position at the forefront of the junction between e-commerce, creative and cultural industries across Africa.
“These three sectors are jointly poised to grow by 4x by 2050 and generate up to $200bn GDP while creating 184 million jobs. We are proud to lead this funding round to help unlock a potential of massive growth and impact on the continent.”
