Funding roundSeed
FrontEdge Seed
FrontEdge raised $10M in a Seed led by TLG Capital, with Flexport participating. It was announced on 22 November 2023.
- Amount raised
- $10M
- USD
- Announced
- 2 years ago
- Investors
- 2
- 1 lead · 1 participating
Investors in FrontEdge's Seed2
Lead
- TLG CapitalLeadProfile of TLG Capital →
Venture Capital
Participating
- FlexportParticipatingProfile of Flexport →
Private Equity
About this round
Announced 22 Nov 2023 per TechCrunch and FurtherAfrica (article dates). Press reports a US$10 million round of debt and equity combined; DisruptAfrica/TechCrunch say debt contributed over 70%, so the split is not recorded separately. TLG Capital led the round (FurtherAfrica, TechCrunch); Flexport also named as an investor. Financing amount only, not a company equity valuation. No pre/post-money disclosed.
Sources for this round4
- techcrunch.comFrontEdge raises $10M in debt, equity from TLG, Flexport to facilitate trade for African exporters | TechCrunch
- furtherafrica.comFrontEdge secures US$10M to facilitate cross-border trades for African SMEs in round led by TLG Capital - FurtherAfrica
- disruptafrica.comNigerian trade finance startup FrontEdge secures $10m funding to scale operations - Disrupt Africa
- businessday.ngFrontEdge secures $10m to facilitate cross-border trades for African SMEs - Businessday NG
Frequently asked about FrontEdge's Seed
- How much did FrontEdge raise in its Seed?
- $10M, announced on 22 November 2023.
- Who led FrontEdge's Seed?
- TLG Capital led the round.
- Who invested in FrontEdge's Seed?
- 2 investors are named for this round: TLG Capital (lead) and Flexport.
