Chowdeck, a profitable food delivery startup, has successfully raised $9 million in Series A funding to expand its operations in Nigeria and Ghana and launch a highly anticipated quick-commerce strategy powered by dark stores and hyperlocal logistics hubs.
The funding round was led by Novastar Ventures with strong participation from Y Combinator, AAIC Investment, Rebel Fund, GFR Fund, Kaleo, HoaQ, and others. Chowdeck’s leadership says the investment will dramatically shorten delivery times and further deepen its grocery, meal, and medicine services.
CEO Femi Aluko shared his vision, stating:
“We’re thrilled about this round as it brings us closer to our vision of becoming Africa’s number one super app. This funding will supercharge our growth plans, enabling us to expand into more cities, reduce delivery times, scale our grocery footprint, and attract the best talent…” Business Insider AfricaThe Guardian Nigeria
Chowdeck’s Growth Snapshot:
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Launched in October 2021, currently serves over 1.5 million customers.
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Operates in 11 cities with a fleet of over 20,000 riders.
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Averages 30-minute delivery times, with dark store-enabled deliveries dropping to as low as 20 minutes.
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Plans to open 40 dark stores by end of 2025 and scale to 500 by 2026.
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Recently acquired Mira, a POS provider, to enhance merchant tools and logistics efficiency.
This funding and strategic pivot position Chowdeck as a potential pan-African “super app,” building on local insights and profitability to outmaneuver competitors, including foreign operators who have withdrawn from the market.
