Breaking: Ex- Kobo360 CEO Cikü Mugambi joins Dutch investment firm
- Cikü Mugambi has joined DOB Equity as an Investment Director.
- Mugambi previously served as CEO of Kobo360, a logistics startup.
- Kobo360 raised approximately $79 million from investors but faced financial difficulties.
Cikü Mugambi's transition from Kobo360 to DOB Equity reflects a significant shift in her career, showcasing the challenges faced by startups in the logistics sector. Her expertise could be instrumental in revitalizing investment strategies in East Africa, but the situation at Kobo360 raises concerns about the sustainability of such ventures in a challenging economic environment.
