Analysis & Features

Gricd rebrands to ‘Figorr’ after raising $1.5 million to support data-driven insurance for perishable goods in Africa

Figorr develops IoT-powered solutions that complement existing infrastructure and assets to reduce or eliminate losses associated with the transportation and storage of temperature sensitive and perishable goods in Africa. The company’s solutions provide real time data on location, humidity, temperature and other key data points, enabling businesses and other stakeholders in agriculture, healthcare, logistics and other sectors across Africa to maximise the value of perishable and temperature sensitive goods such as vaccines, insulin and food. [c]