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TUNL secures seed funding led by E4E Africa to boost marketing support for SMEs in eCommerce exports.

PRIVATEOct 08, 2024

Round Type

Seed

Cape TownTransportationLogistics

Investors

Jozi AngelsJonathan SmitUtopia Capital ManagementE4E Africa

Description

TUNL, a South African shipping platform for eCommerce exporters, has completed a priced seed round to increase marketing support for small and medium-sized enterprises (SMEs). The new funding will help the startup expand its services and improve overseas sales conversion for businesses.

Quick answer

TUNL raised an undisclosed amount in a Seed round, dated October 8, 2024. Investors: Jozi Angels, Jonathan Smit, Utopia Capital Management and E4E Africa. TUNL is based in Cape Town, Western Cape, South Africa.

How much did TUNL raise?
TUNL raised an undisclosed amount in a Seed round on October 8, 2024.
Who invested in TUNL?
Jozi Angels, Jonathan Smit, Utopia Capital Management and E4E Africa are named as investors in this round.
What does TUNL do?
TUNL is solving exports for African manufacturers, makers and merchants.
Where is TUNL based and how big is it?
TUNL is based in Cape Town, Western Cape, South Africa.
Who are the decision-makers at TUNL?
Fundz holds 1 contact at TUNL. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Logistics around the same time

Companies in the same sectors as TUNL that raised within 45 days of this round, from Fundz verified event records.

  • Class8 raised $22M (Series A) on November 21, 2024.
  • Solvento raised $13M (Series A) on November 19, 2024.
  • Pikndel raised $1M (Seed) on November 13, 2024.
  • Zelos Technology raised $100M (Funding Round) on November 11, 2024.
  • MOOEV Technologies raised $475K (Seed) on November 6, 2024.
  • Ice Mobility raised $4.2M (Seed) on October 28, 2024.

Who to call at TUNL, and when

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Company Information

Company

TUNL

Location

Cape Town, Western Cape, South Africa

About

TUNL is solving exports for African manufacturers, makers and merchants. There is huge export potential all across South Africa and Africa, and our mission is to unlock it. As the first step, we launched TUNL Economy – our own courier service from South Africa to the US. At least 50% more affordable, end-to-end tracked, fully insured. The TUNL platform also offers Express courier options with leading global couriers to (almost) anywhere internationally at fantastic rates. If you are shipping internationally, get an instant shipping price on our website or get in touch to chat to us.

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TUNL raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.