MoKo Asset Profile

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

Year established

2014

Location

Nairobi Kenya

Primary Industry

Consumer Products

About

Based in Nairobi, Kenya, and founded in 2014, Watervale Investments Limited dba MoKo provides furniture and home furnishing products. In October 2022, the firm raised USD 3 million in venture debt funding from an investor Victoria Commercial Bank and returning investor Talanton Advisors. The round was part of a larger USD 6.5 in Series B and debt funding. The company was co-founded by its CEO, Fiorenzo Conte. The company offers a wide range of furniture as well as home furnishing products to its customers. The firm’s offering includes sofas, beds, mattresses, and carpets. Additionally, the company provides tv stands of different colors such as charcoal black, pearl white, stone grey, and earthy brown. Furthermore, the firm offers various accessories such as throw pillows, pouffe, ottoman, kutana table, and footstool. The company plans to use the October 2022 funding to expand its product reach in Kenya and grow its product line manufacturing.

Current Investors

DEG, Novastar Ventures, Talanton Advisors

Request a demo to show more

Primary Industry

Consumer Products

Sub Industries

Furniture

Website

www.moko.co.ke

Verticals

E-commerce, Manufacturing

Company Stage

Series B

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.