Chowdeck Raises $9M to Expand Delivery, Launch Dark Stores in Nigeria, Ghana
Chowdeck Raises $9M to Expand Delivery, Launch Dark Stores in Nigeria, Ghana

Chowdeck Raises $9M to Expand Delivery, Launch Dark Stores in Nigeria, Ghana

News summary

Chowdeck, a Lagos-based food delivery startup founded in 2021, has raised $9 million in a Series A round led by Novastar Ventures to expand its operations across Nigeria and Ghana and launch a quick commerce strategy focused on ultra-fast delivery of food, groceries, and essentials. Serving 1.5 million customers across 11 cities with a fleet of over 20,000 riders, Chowdeck maintains profitability and averages 30-minute delivery times, with over half of deliveries in dense areas completed by bicycle. The startup plans to open 40 dark stores by the end of 2025 and 500 by 2026, supporting its hyperlocal logistics model and rapid market breakeven strategy, exemplified by its Ghana launch achieving 1,000 daily orders within three months without advertising. Chowdeck recently acquired Mira, a point-of-sale provider, to enhance merchant tools and operational efficiency. Investors, including Y Combinator and AAIC Investment, back Chowdeck's deep local market knowledge and disciplined execution, aiming to build Africa's leading super app for food and groceries. The company's meal delivery value in 2024 grew over sixfold compared to 2023, exceeding the entire previous year's volume before mid-2025.

Story Coverage
Bias Distribution
50% Center
Information Sources
daae85f0-2883-42fc-b085-888140adf30d51dae2ab-6a3f-4156-b4a8-805de03e2b50
Left 50%
Center 50%
Coverage Details
Total News Sources
2
Left
1
Center
1
Right
0
Unrated
0
Last Updated
3 days ago
Bias Distribution
50% Center
Related News
Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News