Enda, a Nairobi, Kenya-based high-performance brand of running shoes, raised $1.1M in Series A funding.
The round was led by Talanton, a U.S. based impact investment fund focused on values aligned scale-up businesses in developing countries, and included several Kenyan angel investors.
Led by CEO Navalayo Osembo, Enda is a high-performance brand of running shoes designed to give customers the most from each workout and improve running consistently.
The company intends to use the funds to expand its product lines and distribution, as well as to partner with East African Breweries Limited (EABL) to create a locally-sourced running-inspired sneaker called Mwanzo. The new casual shoe is 80% sourced from Kenya.
FinSMEs
09/12/2021