CHF 1M to address the tech-talent crisis

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04.05.2023
Kudah Mushambi, co-founder and CEO of Adaire

Adaire Technology Services provides organisations worldwide access to software development, data science, and back-office services via remote teams based in Windhoek, Namibia. The startup has raised CHF 1M in a seed financing round led by Swiss angel investor Nicolas Thomet to accelerate its growth, expand its services and create impact.

Based in Winterthur with offices in Germany and Namibia, Adaire Technology Services aims to address the “war for talent” in the DACH market by entering the exploding technology outsourcing market with remote teams. The company provides software development, data science, and back-office services to its clients worldwide via remote teams based in Windhoek, Namibia. Its team of senior and experienced developers and technology experts leverage the latest technology to help businesses deliver the latest innovations, transform their operations, streamline processes, and achieve their goals.

Through its services, Adaire covers two main segments: The immediate fields of traditional technologies/tasks such as Java, Python, PHP, Graphic Design and Data Entry. “These are usually known projects that are either slowed or paused because of the lack of talent, yet there are many existing, skilled and experienced developers in Namibia, surrounding regions and Africa at large”, says Kudah Mushambi, co-founder and CEO of Adaire.

To cater to emerging fields in Data Science, Cyber Security, and Legacy Tech (COBOL), for which companies rapidly need capacity, Adaire is launching a skills development Academy for adults in partnership with Swiss Universities to reskill/unlock this next wave of talent. The Academy seeks to leverage its entry into the outsourcing market to grow the incomes, participation, representation and reputation of African software developers and technologists.

Having demonstrated success in delivering high-quality solutions that meet the needs of its clients, Adiare is now braced for further growth. Currently, 15 people in Namibia and one in Germany and Switzerland serve ten customers; eight from Switzerland and two from Germany.

The seed funds will enable the company to scale its activities beyond Namibia to Ghana in Q3 2023 to serve as its next R&D center in Africa and another undisclosed region at the beginning of next year. The fund will also enable the company to grow its sales, marketing and customer success teams in Switzerland and Germany.

“Given the stark predictions of the talent gap that Switzerland and Germany face and the clear underutilisation of an enormous talent pool in Africa, the opportunity presented to solve issues faced by both regions is clear. We are thrilled to have the support of our new investors to expand our service offering and refine our customer-centric service delivery model,” said Kudah.

Angel investor Nicolas Thomet led the financing round. “I am impressed by the technical expertise that Adaire has assembled, feedback from its current customers, and the innovative approach used to solve pressing problems using well-understood building blocks,” said Nicolas. “Innumerable recent press and industry reports speak to the problems Adaire seeks to solve, and its approach to doing so while unlocking a talent pool largely unused by our market at scale is well poised to solve problems faced in two regions. I am excited to be part of Adaire’s journey.”

(Press release/RAN)
Photo credits Martin Rütsche

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