Logistics startup Gokada filed for Chapter 11 bankruptcy protection in 2024
[....]Gokada, one of Nigeria’s most prominent last-mile delivery companies, filed for Chapter 11 bankruptcy protection in October 18, 2024.
Despite raising $5.3 million in a 2019 Series A round, Gokada has struggled financially. Per its October filing, the company’s total liabilities are $5.2 million—it owes $1.8 million to 20 of its largest creditors who are not insiders— on assets worth $560,000 ($64,000 in cash.)[...]
https://techcabal.com/2025/01/....08/gokada-filed-for-
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