Solerchil technologies, popularly known as CHIL Food Center—a Ugandan food tech startup has launched a shop in the United States of America.
CHIL Food Center—a B2B AI-powered e-commerce platform said it had opened its new headquarters in Dover city, Delaware State as part of its initiative to scale its operations.
Citing a whopping UGX. 1.18 billion ($300,000) funding, the Ugandan firm whose technology helps to simplify the supply chain directly with food suppliers and food retailers in Europe, Middle East & Africa seeks to rapidly expand its operations through a “Buy Now Pay Later” checkout experience for retailers purchasing from food suppliers.
Ms. Shamim Nabuuma Kaliisa, a co-founder and shareholder in the company confirmed that her company is currently in the final stages of processing the relocation.
“Delaware is the ideal choice for a startup like Solerchil Technologies. The state has favourable regulations which offer tech startups a unique advantage for developing innovative financial solutions. It’s a sweet spot for our Buy Now, Pay Later solution,” says Nabuuma.
She adds: “The availability of several opportunities, including potential investments, makes the state perfect for our new businesses.”
Nabuuma also maintains that opening the new headquarters in the US won’t affact their operations in Europe, the Middle East, and Africa as they seek to simplify the food supply chain between suppliers and retailers.
Currently, the Food Center has over 300 merchants making use of the Buy Now Pay Later solution daily, and thousands of buyers transacting on the platform.
She says the proceeds of the pre-seed funding will be used towards further developing its digital credit technology and extending its services across Africa, Europe, and the Middle East, supporting the growth of the B2B commerce space.
UG Standard understands that the Dover offices will be the company’s hub for business support, marketing, and implementation and that the company also plans to recruit more staff for its Lille and Dubai offices ahead of a $15M seed funding round.