DealDey raises $5M in series B funding from Swedish investment company Kinnevik

DealDey, a Nigerian ecommerce website that aggregates discounted goods and services, has raised $5 million in follow-on funding.

The startup’s second round of funding comes from its original investor, Kinnevik. The Swedish investment firm are also investors in iROKO, Rocket Internet, Konga, Millicom and more.

The terms of the deal have not been disclosed. It is also not clear how much in total funding DealDey has raised to date — the initial amount of capital invested by Kinnevik is said to be anything ranging from $1 million to $3 million, depending on the source.

Read more: DealDey Has Just Raised A $5 Million Series B From Kinnevik – techcabal.com.

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