Chekkit’s Seven Figure Investment
We are thrilled to announce a major milestone achieved by our portfolio company Chekkit. Chekkit has taken a significant step forward in their mission to create a globally connected and secure pharmaceutical supply chain.
Chekkit Technologies was founded in 2018 by Dare Odumade with the support of Oluwatosin Adelowo and Samuel Ukhueleigbe as Co-Founders. The 4-year-old startup has so far helped secure over 50 million pharmaceutical and consumer goods products, ensuring we the end users always have access to safe and genuine products.
For Chekkit, this is a huge opportunity to scale its tech stack that provides manufacturers with serialisation and traceability of all packaging levels in line with global standards. Chekkit has raised an undisclosed round from Adaverse, a Cardano ecosystem accelerator, with participation from existing investors like HoaQ, Launch Africa, and Blockchain Founders Fund.
We congratulate Chekkit on obtaining this major milestone in revolutionizing the pharmaceutical supply chain. With this recent achievement, we anticipate a future where trust, transparency and accountability are paramount in the pharmaceutical sector ensuring the delivery of safe and reliable medicine to people around the world.