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Congratulations to FTC portfolio company Orda, a Nigerian food tech platform that provides a cloud-based restaurant operating system for small, independent restaurants, on the announcement of their $3.4m seed investment. The two-year-old startup raised $1.1m in pre-seed funding this January, bringing its total funding raised this year to $4.5m. The round was led by FinTech Collective and Quona Capital, with participation from existing investors including LoftyInc Capital, Enza Capital and Norrsken Foundation, as well as new venture capital firms like Outside VC and Far Out Ventures.
“We take an interesting approach to software and helping restaurant owners set up,” chief executive officer Guy Futi told TechCrunch in an interview. “Our software digitizes the process of those who write things in hand and helps them figure out their inventory management and recipe yields.”
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