Mobility
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Ride-hailing start-up Gozem signs $10m deal with IFC
This enables moto-taxi drivers to purchase or rent electric bikes with the ultimate goal of increasing their take-home income. In…
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Online Used-Car Retailer Sylndr Has Raised $12.6M For It’s Pre-seed Round Led By RAED Ventures, With Participation From Algebra Ventures, Nuwa Capital, 1984 Ventures, Global Founders Capital, and Others
Sylndr, an Egypt-based online marketplace for used cars, has raised a $12.6 million pre-Seed round, led by RAED Ventures, with…
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Union Square Ventures Leds Egyptian Electric Mobility startup Shift EV’s Series A Funding Round
Founded in 2020 by Aly El Tayeb and Amr Helmy, Shift EV converts existing fuel-run vehicles into electric ones utilising its in-house…
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Nigerian Mobility Fintech Startup Moove Raises $105m Series A2 Round To Scale Globally
Nigeria-based mobility fintech startup Moove has raised US$105 million in an oversubscribed Series A2 round to scale to seven new…
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Electric Vehicle Technology Company BasiGo Secures US$4.3m To Commercialize Its Business
KENYA – BasiGo, an electric vehicle technology and financing company bringing electric bus services to sub-Saharan Africa, has announced a US$4.3 million Seed funding…
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Nigeria’s Mecho Autotech Raises $2.15m Seed Funding
Nigerian vehicle repair and maintenance startup Mecho Autotech has raised a US$2.15 million seed funding round to expand its capacities…
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Egypt’s Swvl Raises Additional $21.5m PIPE Funding Ahead Of Nasdaq Listing
Egyptian mobility company Swvl has raised an additional US$21.5 million in private investment in public equity (PIPE) deal as part…
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Aceleron Secures Investment Deal From Mobility 54 To Accelerate Battery Innovation In Africa
AFRICA – Aceleron, a pioneer in sustainable battery technology, has secured an investment deal with Mobility 54 Investment SAS, a subsidiary of…
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Kenyan Bus-Travel Platform QuickBus Raises Seed Funding From Abu Dhabi
A Kenyan online platform for reviewing and buying bus tickets in Africa has completed a seed round. Beyond ticketing, QuickBus…
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South Africa’s Planet42 Gets $30M For Its Car Subscription Service, Mexico Expansion
Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription…
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