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Taeillo

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Taeillo is a Nigerian Afro-urban furniture that specializes in creating contemporary and African-inspired designs using technology and craftmanship [1]. Taeillo is Founded by Jumoke Dada in 2018 [2].

History and Founding

Taeillo was established in Lagos, Nigeria in 2018[3] [4]. Jumoke Dada, the founder and creative director, drew inspiration from her Nigerian heritage and her passion for design to create a brand that celebrates local artistry.

Funding

Taeillo has raised about $3 million in funding over three rounds, starting from a $365, 000 pre-seed round in 2019 [5]. Its first round was backed by Montane Capital, Co-Creation Hub (CcHub) and B-Knight. By January 2021, CcHub throw in another $150, 000 investment in form of a convertible note [6]. Taeillo’s latest investment is a $2.5 million seed fund[7] raised in December 2022 from Lagos-based investor, Aruwa Capital Management, to help it scale its existing operations in Kenya [8] [9].

Events, Awards & Recognition

In December 2018. Taeillo showcases aspiring design talent in Furniture, Textile and Lighting Design [10].

- In February 2020, Taeillo setup an augmented reality exhibition at Lagos social media week [1][2]

- In October 2021, Taeillo exhibition at Eko Design series in the Lagos Design Week [11].

- In June, 2022, Taeillo gets featured on CNN Inside Africa [12]


References

  1. ^ "Taeillo: Meet The Furniture Company Leveraging Tech to Reshape the Face of Contemporary Design".
  2. ^ "Meet Jumoke Dada, craftsman who makes afro-urban furniture".
  3. ^ "How Taeillo is using AR/VR to change the experience of furniture shoppers in Africa".
  4. ^ "Taeillo is the concept of a home that reflects African beauty".
  5. ^ "Taeillo's Funding History".
  6. ^ "We are an innovation centre dedicated to accelerating the application of social capital and technology for economic prosperity".
  7. ^ "Nigerian startup Taeillo raises funding to scale its online furniture e-commerce platform".
  8. ^ "Nigerian startup Taeillo raises funding to scale its online furniture e-commerce platform".
  9. ^ "Taeillo raises $2.5 million fund from new partnership with Aruwa Capital".
  10. ^ "Creatives Cocoon Mentoring Program by Taeillo will showcase aspiring design talent in Furniture, Textile and Lighting Design".
  11. ^ "HIGHLIGHTS FROM EKO DESIGN EXHIBITION".
  12. ^ "Designed in Africa".