Sabi raised $38 million in Series B funding from, among others, Norrsken22, the growth-stage investor based in Stockholm but focused on Africa, CommerzVentures, the fintech investor based ; in Frankfurt, U.S.-based growth-stage funds Fluent Ventures and Proof VC and pan-African early-stage investors CRE Venture Capital and Janngo Capital

Sabi is the B2B e-commerce company based in Nigeria. It proposed a B2B digital marketplace, an inventory management tool, sales order management and digital ledger tools, and a payment reconciliation tool. Sabi relies on technology to help with verification and management of guarantees and traceability, and then with procurement and aggregation