Nigerian Internet of Things Startup, Figorr, secures $1.5m fund

Oghenetega Iortim, formerly of Gricd, has raised $1.5 million from a variety of investors to promote his digital business, Figorr.

According to a statement released on Monday, Iortim’s business received the financing in the form of investments from Atlantica Ventures, Vested World, Jaza Rift, and Katapult during a seed funding round.

Insulin, food, and other perishables that are temperature-sensitive and subject to loss during storage and transportation in Africa are all assisted by Figorr.

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