About Mami Wata
Mami Wata is a company based in Cape Town (South Africa) founded in 2017 by Selema Masekela and Nick Dutton.. Mami Wata has raised $1.67 million across 1 funding round. Mami Wata offers products and services including Tees, Shirts, Shorts and Trunks, Sweatshirts and Hoodies, and Surfboards.
- Headquarter Cape Town, South Africa
- Founders Selema Masekela, Nick Dutton
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.67 M (USD)
in 1 rounds
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Latest Funding Round
$1.67 M (USD), Seed
Apr 27, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of Mami Wata
Mami Wata offers a comprehensive portfolio of products and services, including Tees, Shirts, Shorts and Trunks, Sweatshirts and Hoodies, and Surfboards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Surf-themed t-shirts inspired by African culture for everyday wear
Casual shirts with cultural motifs for men and women
Beachwear shorts designed for surfing activities
Comfortable hoodies featuring African surf designs
Surfboards for recreational use with cultural branding
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Funding Insights of Mami Wata
Mami Wata has successfully raised a total of $1.67M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.67 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.7M
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First Round
First Round
(27 Apr 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Seed - Mami Wata | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Mami Wata
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mami Wata
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mami Wata Comparisons
Competitors of Mami Wata
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Mami Wata
When was Mami Wata founded?
Mami Wata was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Mami Wata located?
Mami Wata is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Who is the current CEO of Mami Wata?
Nick Dutton is the current CEO of Mami Wata. They have also founded this company.
Is Mami Wata a funded company?
Mami Wata is a funded company, having raised a total of $1.67M across 1 funding round to date. The company's 1st funding round was a Seed of $1.67M, raised on Apr 27, 2021.
What does Mami Wata do?
Mami Wata was founded in 2017 in Cape Town, South Africa. Operations focus on the fashion sector, where multi-category products such as apparel, accessories, and surfboards for men and women are provided through an online platform. Sustainable materials sourced from Africa are incorporated, along with recyclable packaging, to support environmental practices in the brands supply chain.
What products or services does Mami Wata offer?
Mami Wata offers Tees, Shirts, Shorts and Trunks, Sweatshirts and Hoodies, and Surfboards.