Gricd Integrated Services limited
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Gricd Integrated Services limited

https://gricd.com/
Last activity: 16.05.2023
Tags:AfricaTechAgriTechHealthTechLogisticsMedtechProductServiceStorageTechnologyTransportation
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.
Mentions
24
Location: Nigeria, Lagos, Shangisha
Employees: 11-50
Total raised: $1.5M
Founded date: 2017

Investors 3

Funding Rounds 1

DateSeriesAmountInvestorsDeal News
16.05.2023Seed$1.5M-techcabal....

Mentions in press and media 24

DateTitleDescriptionSource
16.05.2023Gricd rebrands as ‘Figorr’, announces $1.5M seed fundingGricd, a technology company that develops Internet of Things-powered solutions to support the last-m...startupafr...
15.05.2023Gricd, now ‘Figorr’, gets $1.5 million seed funding to suppo...Gricd, a technology company that develops Internet of Things-powered solutions to support the last-m...venturesaf...
15.05.2023Gricd raises $1.5 million, rebrands as Figorr TechCabal’s 2...Gricd, a startup that develops Internet of Things-powered solutions to support the last-mile deliver...techcabal....
14.05.2023Cold-chain startup Figorr raises $1.5M, backs the rollout of...Oghenetega Iortim built Nigerian-based cold-chain startup Figorr after imagining better means of sto...techcrunch...
22.05.2022Engineers Are Unsung Heroes Of Global HealthBioengineers from the University of Antioquia work on the prototype of an emergency ventilator in .....forbes.com...
21.03.2022Gricd and HaulTrac partner to deliver essential healthcare c...Gricd, a cold chain technology company that uses the Internet of Things (IoT) to enable last-mile de...venturesaf...
07.12.2021Nigerian last mile delivery firm Gricd delivers 4.2M COVID-1...Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new...appsafrica...
03.11.2021Oghenetega Iortim, the founder of Cold chain monitoring devi...Our team asked Oghenetega Iortim, the founder and CEO of GRICD, about how his startup is helping sol...startupafr...
07.10.2021AFRICA’S BUSINESS HEROES ANNOUNCES TOP 10 FINALISTSTen finalists, 50% female and from 7 African countries, will make their pitch at the grand finale pi...startupafr...
17.12.2020Winners of Nigerian Oil and Gas Tech Hackathon score $ 10 00...Five Nigerian startups have been announced as the winners of the Nigerian Oil and Gas Technology (NO...venturebur...
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