List of Fundraising Achievements by Logistics and Mobility Startups in the First Half of 2025
In the first half of 2025 (H1 2025), African logistics and mobility startups raised a substantial amount of funding, totalling $115 million. This figure marks the sector's third most active deal period since 2019, as the broader African tech ecosystem saw deal flows worth $1.4 billion, a 78% increase from H1 2024.
One of the notable deals in the sector was Gozem's $30 million Series B round, which will be utilised for vehicle acquisition and market expansion. Other significant investments include Leta, a startup that secured a $5 million seed round, led by Speedinvest, with participation from Google's Africa Investment Fund and Equator VC.
Zero Carbon Charge, a company focusing on sustainable mobility solutions, secured a $5.6 million equity investment from the Development Bank of Southern Africa (DBSA). The capital will be used to finance the rollout of ultra-fast charging stations every 150km along national roads.
FutureRent, a provider of flexible, all-in-one vehicle access, secured $5.7 million in its first major funding round from a German family office. This funding will enable the addition of over 450 vehicles to its fleet, meeting the rising demand for its services.
Peach Cars, a digital marketplace for used cars based in Kenya, raised $11 million in Series A funding. MyNextCar, a South African fleet leasing provider, also raised $10 million in its first institutional funding round.
Kofa, a Nigerian logistics startup, raised $8.1 million in a funding round, while Sylndr, a Cairo-based startup, secured $15.7 million in a Series A funding round. Arc Ride, a transportation company, received $5 million from the UK's British International Investment (BII).
Taager, another startup in the sector, raised $6.75 million in a pre-Series B round, with the funds to be used for accelerating its expansion across the MENA region, enhancing AI-driven sales tools, and strengthening operations in its major markets.
The funding for these logistics and mobility startups in H1 2025 signifies a promising recovery in the sector, following a volatile period in previous years. Despite a slight decrease from the $217 million raised in H1 2024, the sector's resilience and growth potential are evident, contributing to the overall strength of the African tech ecosystem.
[1] Data source: TechCabal (https://techcabal.com/2025/07/15/african-startups-raised-1-4-billion-in-h1-2025/)
[2] Data source: Disrupt Africa (https://disrupt-africa.com/2025/07/20/african-startups-raised-1-4-billion-in-h1-2025-a-78-increase-over-h1-2024/)
- The funding for African logistics and mobility startups in H1 2025 totalled $115 million, with this sector experiencing its third most active deal period since 2019.
- Gozem, a notable startup in the sector, secured a Series B round of $30 million for vehicle acquisition and market expansion.
- Leta, another startup, secured a $5 million seed round, with significant participation from Google's Africa Investment Fund, Speedinvest, and Equator VC.
- Zero Carbon Charge, a company focusing on sustainable mobility solutions, secured a $5.6 million equity investment from the Development Bank of Southern Africa (DBSA) for ultra-fast charging station rollout.
- In the realm of fintech, FutureRent, a provider of flexible vehicle access, secured $5.7 million in its first major funding round, while Peach Cars, a digital marketplace for used cars, raised $11 million in Series A funding, demonstrating the intersection of technology, investment, and innovation in Africa's lifestyle, sports, and logistics landscape.
