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Home » Redcity Wins N2 million in Niprotech “Pitch to Win” Preseed Competition

Redcity Wins N2 million in Niprotech “Pitch to Win” Preseed Competition

Joel Nwankwo by Joel Nwankwo
January 11, 2024
in Company News
Reading Time: 1 min read
0
redcity

Oyo-based proptech startup Redcity has emerged as the winner of the Niproptech N2 million proptech Pitch2Win competition. The Niproptech competition is known for highlighting the most promising proptech entrepreneurs across Nigeria. This project aimed to find novel approaches to pressing proptech problems that would result in progress.

Morountodun Obaigbo founded Redcity in 2022. She studied design engineering and worked for years as a product designer, design engineer, and business developer before launching Redcity to solve infrastructure problems in Africa.

Redcity is a proptech that allows users to customize and order modular structures via an online platform while developing these products using sustainable engineering techniques.

The platform provides access to commerce and remote communities and reestablishes socioeconomic communities after climate change disruptions. Since its establishment, the company has developed over 15 projects in Nigeria, Egypt, and South Sudan, and since its website launch in October 2023, it has seen almost 5,000 visitors across Africa.

Redcity has partnered with multiple sustainable companies, EV companies, and commerce companies in developing modular structures to help scale small businesses as well as in establishing sustainably engineered structures for sustainable and electric vehicle companies.

In addition, Redcity has partnered with multiple sustainable companies, EV companies, and commerce companies in developing modular structures to help scale small businesses as well as in establishing sustainably engineered structures for sustainable electric vehicle companies.

As for any plans for 2024, Redcity is concluding distribution partnerships in Kenya and Nigeria that will help the company scale up its operations and increase its available products.

 

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Joel Nwankwo

Joel Nwankwo

Joel Nwankwo is a tech journalist. He is passionate about telling stories as it relates to Africa's social and financial tech advancements. You can reach him at joel.nwankwo@techeconomy.ng

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