South African Startup, Qwili Raises a $1.2 Million Seed Round
Qwili, a hybrid hardware-software startup based in Cape Town, has raised US$1.2 million in an oversubscribed seed funding round to support the launch of its low-cost NFC smartphone. E4E Africa, a venture capital organization focused on entrepreneurs, led the funding round, which included funds and angel investors in addition to Strat-Tech, Next Chymia, and Untapped…