Kenya’s Chpter secures a $1.2 million pre-seed to expand into Nigeria, Ghana, Egypt
- Chpter secures $1.2 million in pre-seed funding to expand in sub-Saharan Africa.
- Funding led by Ken Njoroge of PANI, with participation from Plesion Capital, Techstars, Norrsken, and others.
- Chpter is an AI-powered conversational commerce platform that helps merchants increase sales on social platforms.
The funding secured by Chpter reflects the growing demand for AI-powered conversational commerce platforms in Africa. With the projected growth of the eCommerce industry and the increasing reliance on social media platforms for business, Chpter is well-positioned to capitalize on this market opportunity. The partnership with Meta further enhances Chpter's capabilities and expands its reach globally.
