Business

TUNL Secures Seed Funding

TUNL Secures Seed Funding. South African startup TUNL is thrilled to share that it has raised a seed round led by E4EAfrica, together with Jonathan Smit, Jozi Angels and an SPV arranged by Utopia Capital Management.

Together with the continued support of its other early backers, 54 Collective and Digital Africa Ventures, this investment will continue to drive TUNL’s rapid growth as it empowers South African SMEs to thrive in the global marketplace.

TUNL’s mission has always been clear: support SMEs to export more by removing the barriers to international selling and shipping. The company now supports over 1,400 merchants in reaching their customers all over the world! Amazing and varied brands like Versus Socks, Freedom of Movement, Ciovita, Bambalam, and Noodle and Bun have seen transformative results using TUNL to supercharge their international sales.

“A huge thank you to our investors, our merchants, and most importantly our amazing team (scroll the image to the right to see most of us!). We’re just getting started on this mission and can’t wait for what’s next!” the company said in a statement.

TUNL is solving exports for African manufacturers, makers and merchants. There is huge export potential all across South Africa and Africa, and the company’s mission is to unlock it.

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