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Factor E exists to bridge the gap between ideas and reality, between problems and solutions, between technology and people.

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Our Think + Do + Learn approach combines strategic thinking with practical action and continuous learning. We deliver this through Factor E Labs and Factor E Ventures.

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Figorr
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Figorr
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sector
Sustainable Agriculture
Post-Harvest Loss Reduction

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.

Figorr provides a comprehensive cold chain management solution that addresses critical challenges for businesses handling temperature-sensitive products in Nigeria and across Africa. By tackling post-harvest losses and product spoilage, Figorr helps reduce significant economic losses and food insecurity. Their integrated services include real-time monitoring of temperature, humidity, and location, data-driven insurance protection, advanced inventory management software, and a rental platform for cold rooms and trucks.

Figorr's holistic approach combines innovative monitoring technology with insurance solutions, enabling businesses to minimize product loss and maintain quality while securing previously uninsurable risks. The platform also enhances access to temperature-controlled storage and transport, making essential resources available to businesses of all sizes. By effectively reducing operational risks and costs, Figorr not only supports individual businesses but also contributes to broader goals of reducing food waste and improving food security, positioning itself as a vital partner in cold chain operations.

Company News

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Nigerian cold chain technology startup Gricd raises $1.5m, rebrands as Figorr

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Nigerian cold chain technology startup Gricd raises $1.5m, rebrands as Figorr

News

Nigerian cold chain technology startup Gricd raises $1.5m, rebrands as Figorr

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