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# Congolese Web3 startup Jambo raises $30 million in Series A
- URL: https://www.techloy.com/congolese-web3-startup-jambo-raises-30-million-in-series-a/
- Published: 2022-05-13T10:23:23.000Z
- Updated: 2022-12-08T00:36:21.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Crypto, Web3, Congo

[Jambo,](https://jambo.technology/) a Congo-based startup building a Web3 user acquisition platform has raised $30 million in its Series A funding round from [Paradigm,](https://www.paradigm.xyz/) an investment firm focusing on crypto/web3 companies. 

- Launched in 2021, Jambo combines education, collective access to play-to-earn games and a curated network of web3 applications on its super app to attract millions of African youths to web3\.
- The startup last raised $7.5 million in its seed round in February 2022 from Coinbase (COIN), and Alameda Research among others.
- The latest funding round marks Paradigm's first investment in Africa after it launched a $2.5 billion crypto fund in November 2021\.