Chowdeck raises US$9M Series A to accelerate quick commerce expansion across Nigeria, Ghana

NIGERIA/GHANA – Chowdeck, Africa’s leading on-demand delivery platform, has successfully raised US$9 million in a Series A funding round to enhance its quick commerce strategy and expand into additional cities in Nigeria and Ghana.

The funding round was led by Novastar Ventures with participation from prominent investors including Y Combinator, AAIC Investment, Rebel Fund, GFR Fund, Kaleo, HoaQ, and others.

These investors bring valuable operational expertise and extensive networks to support Chowdeck’s sustainable growth and operational scalability in Africa’s complex logistics environment.

The new capital injection will enable Chowdeck to deliver food, groceries, and medical supplies faster and more reliably by leveraging quick commerce supported by dark stores and hyperlocal logistics hubs.

This infrastructure will improve delivery speed, deepen service coverage, and facilitate rapid expansion into underserved cities across Nigeria and Ghana, where demand for on-demand delivery continues to rise.

Chowdeck plans to open 40 dark stores by the end of 2025 and reach 500 by the end of 2026, launching two to three new stores each week, thereby building a robust logistical backbone to serve growing urban markets efficiently.

Since its inception in October 2021, Chowdeck has established itself as a premier technology and logistics partner for food and hospitality businesses in Africa.

Its platform currently serves over 1.5 million customers with more than 20,000 riders operating across 11 cities.

The company’s tech-enabled network enables delivery fulfillment within an average of 30 minutes, with bike couriers ensuring over half of deliveries reach customers swiftly in dense urban areas.

In 2024 alone, the value of meals delivered through Chowdeck’s platform more than sextupled compared to the previous year, and the company has already surpassed last year’s figures well before mid-2025, indicating strong momentum toward another record-breaking performance.

Chowdeck’s comprehensive technology stack spans logistics, inventory management, payments, and performance analytics, allowing partners to optimize operations and meet rising customer expectations.

CEO and co-founder Femi Aluko emphasized that this funding “supercharges growth plans,” helping the company to enter new markets, reduce delivery times, expand grocery services, and attract top talent to enhance innovation and customer satisfaction.

This funding milestone positions Chowdeck as a dominant player in Africa’s evolving quick commerce ecosystem, combining local market mastery and operational excellence to redefine last-mile delivery and digital commerce in the region.

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