In Africa, 52% of children hospitalized with severe and life-threatening anemia who are not able to receive a blood transfusion immediately die by 8 hours with 90% of these deaths occurring within 2.5 hours of hospital admission (ICCARE). Only 4% of children who received a transfusion within 8 hours die, emphasizing the importance of the availability of blood transfusion as a life-saving intervention
The most common cause of maternal deaths in Africa is severe bleeding, which contributes to over 40% of maternal deaths. It has been estimated that a quarter of these women die because of blood shortages due to the unavailability of the cold chain.
The lack of reliable cold storage and inefficient cold chain management results in high waste rates and poor immunization coverage (MSF, 2014). WHO (2014) reports that in 2011, more than 2.8 million doses of vaccines were lost due to cold chain disruptions in five countries, and various studies pointed out the risk of vaccine freezing. Vaccines that are exposed to too hot or too cold temperatures may not only lose their effectiveness but also prove deadly to the vulnerable populations they are intended to protect
Gricd aims to play a part in bridging the gaps in the healthcare cold chain in Sub-Saharan Africa.
To this effect Gricd was setup with majorly two (2) objectives;
1. To build innovative, affordable cold chain solutions for storage and transportation by embedding technology with already available social science solutions to enhance the efficiency of the solution.
2. To educate individuals in the relevant industries about modern and standardized cold chain practices.
The most common cause of maternal deaths in Africa is severe bleeding, which contributes to over 40% of maternal deaths. It has been estimated that a quarter of these women die because of blood shortages due to the unavailability of the cold chain.
The lack of reliable cold storage and inefficient cold chain management results in high waste rates and poor immunization coverage (MSF, 2014). WHO (2014) reports that in 2011, more than 2.8 million doses of vaccines were lost due to cold chain disruptions in five countries, and various studies pointed out the risk of vaccine freezing. Vaccines that are exposed to too hot or too cold temperatures may not only lose their effectiveness but also prove deadly to the vulnerable populations they are intended to protect
Gricd aims to play a part in bridging the gaps in the healthcare cold chain in Sub-Saharan Africa.
To this effect Gricd was setup with majorly two (2) objectives;
1. To build innovative, affordable cold chain solutions for storage and transportation by embedding technology with already available social science solutions to enhance the efficiency of the solution.
2. To educate individuals in the relevant industries about modern and standardized cold chain practices.
Location: Nigeria, Lagos, Shangisha
Employees: 11-50
Total raised: $1.5M
Founded date: 2017
Investors 3
Funding Rounds 1
| Date | Series | Amount | Investors |
| 16.05.2023 | Seed | $1.5M | - |
Mentions in press and media 24
| Date | Title | Description |
| 16.05.2023 | Gricd rebrands as ‘Figorr’, announces $1.5M seed funding | Gricd, a technology company that develops Internet of Things-powered solutions to support the last-mile delivery of perishable goods, has secured $1.5 million in a seed funding round led by Atlantica Ventures, with participation from Vested... |
| 15.05.2023 | Gricd raises $1.5 million, rebrands as Figorr TechCabal’s 2021 Year-End report Success! | Gricd, a startup that develops Internet of Things-powered solutions to support the last-mile delivery of perishable goods, has raised $1.5 million in seed funding as it overhauls its brand identity to Figorr. Founded in 2018, Gricd (now Fig... |
| 15.05.2023 | Gricd, now ‘Figorr’, gets $1.5 million seed funding to support data-driven insurance for perishable goods in Africa | Gricd, a technology company that develops Internet of Things-powered solutions to support the last-mile delivery of perishable goods, has secured $1.5 million in a seed funding round led by Atlantica Ventures, with participation from Vested... |
| 14.05.2023 | Cold-chain startup Figorr raises $1.5M, backs the rollout of data-driven perishables insurance | Oghenetega Iortim built Nigerian-based cold-chain startup Figorr after imagining better means of storage and transportation of temperature-sensitive products, following the post-harvest losses from his fresh agro-produce venture. Figorr (pr... |
| 22.05.2022 | Engineers Are Unsung Heroes Of Global Health | Bioengineers from the University of Antioquia work on the prototype of an emergency ventilator in ... [+] Medellin, Colombia, on April 30, 2020 amid the COVID-19 novel coronavirus pandemic. - A public and private alliance led by the city of... |
| 21.03.2022 | Gricd and HaulTrac partner to deliver essential healthcare commodities across Nigeria for USAID | Gricd, a cold chain technology company that uses the Internet of Things (IoT) to enable last-mile delivery of temperature-sensitive products, has partnered with Haultrac, one of Nigeria’s leading logistics companies, to support the delivery... |
| 07.12.2021 | Nigerian last mile delivery firm Gricd delivers 4.2M COVID-19 vaccines using cold storage tech | Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
| 03.11.2021 | Oghenetega Iortim, the founder of Cold chain monitoring devices | Our team asked Oghenetega Iortim, the founder and CEO of GRICD, about how his startup is helping solve the issue of quality assurance of temperature-controlled products. Here is what we found out: Q: For those who don’t know you, tell us i... |
| 07.10.2021 | AFRICA’S BUSINESS HEROES ANNOUNCES TOP 10 FINALISTS | Ten finalists, 50% female and from 7 African countries, will make their pitch at the grand finale pitch in November. Accra, 4th October, 2021 – The 2021 Africa’s Business Heroes (ABH) prize, a flagship philanthropic program established by ... |
| 17.12.2020 | Winners of Nigerian Oil and Gas Tech Hackathon score $ 10 000 | Five Nigerian startups have been announced as the winners of the Nigerian Oil and Gas Technology (NOGTECH) Hackathon. The top five Nigerian startup winners included Fuel Intellisense, Homefort Energy, Gricd Mote, Kiakia Gas, and Airsynq. To... |
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