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Nigerian Startup Chowdeck Secures $9M for Expansion

8/12/2025

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Summary

Story summary

Chowdeck, a Nigerian food delivery startup, secured $9 million in Series A funding from Novastar Ventures for expansion in Nigeria and Ghana.
The platform caters to 1.5 million customers in 11 cities, employing over 20,000 riders for 30-minute delivery times.
The company aims to launch 40 dark stores by year-end and 500 by 2026 as part of its quick commerce strategy.
CEO Femi Aluko highlights a commitment to profitability and leveraging local market insights, unlike competitors reducing their operations.

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Story summary

Chowdeck, a Nigerian food delivery startup, secured $9 million in Series A funding from Novastar Ventures for expansion in Nigeria and Ghana.
The platform caters to 1.5 million customers in 11 cities, employing over 20,000 riders for 30-minute delivery times.
The company aims to launch 40 dark stores by year-end and 500 by 2026 as part of its quick commerce strategy.
CEO Femi Aluko highlights a commitment to profitability and leveraging local market insights, unlike competitors reducing their operations.