TruQ, a Nigerian logistics startup has emerged as the overall winner of the inaugural TC Battlefield by TechCabal, securing a ₦2.5 million prize.
The second-place spot was claimed by Jamit, a social audio network.
TruQ, a Nigerian startup that provides an operating system for third-party logistics, is dedicated to showcasing local startups’ innovations to a global audience and esteemed panel of judges to get funding for their businesses.
This edition of TC Battlefield was opened to only startups with Nigeria as the primary market.
Jamit, a “social audio network” that helps African podcasters produce their content and connects them with listeners, was announced as the first runner-up with ₦1.5 million.
TruQ and Jamit emerged as winners after pitching alongside eight other startups—during the just concluded Moonshot Conference by TechCabal—to a panel of four judges including Nela Ekpenyong, head of portfolio at Ingressive; Hope Ditlhakanyane, investment principal at Founders Factory Africa; Uwem Uwemakpan, the head of investments at Launch Africa VC Fund II; and Gloria Okorie, a venture partner at Republic.
TruQ and Jamit
Within three years of its existence, Nigerian logistics startup TruQ has been part of three accelerators — V8 Growth Labs, Techstars and Google Black Founders Fund.
Williams Fatayo, the co-founder and CEO of TruQ:
“It’s been a journey of understanding the markets, especially since we started truQ, and how exactly to solve the many problems within the logistics space. When we launched, what we were trying to do was connect businesses with logistics and we’ve powered over 300,000 deliveries across 25,000 trips to date.
I won’t call it pre-seed because it was very early when they came in. It was just very much post-launch, but just a week or two after we launched.”
