M

Mecho Autotech Seed

Funding Round
Mecho Autotech•February 9, 2022•4y ago

Amount Raised

$2.2M

Date Announced

Feb 09, 2022

4y ago

Disclosed Investors

6

Linked Sources

1

Mecho Autotech Seed round record, dated Feb 09, 2022, amount listed $2.2M, 6 disclosed investors.

Notes

Iyinoluwa Aboyeji, Future Africa’s founder and general partner, said his fund’s thesis was to back founders solving hard problems in large markets. “With over 12 million cars on our roads and more on the way, leveraging technology to bring order to vehicle maintenance and repair is overdue. We are delighted to work with the Mecho Autotech team as they brilliantly execute on building out the vehicle repair value chain across Africa and create new and decent highly skilled auto repair jobs,” he said.

Disclosed Investors (6)
Future Africa

Venture Capital

HO

Venture Capital

CA

Venture Capital

V8 Capital

Venture Capital

Silver Squid

Private Equity

TE

Venture Capital

Record Details
Date announced
February 9, 2022
Round
Seed
Amount raised
$2,150,000
Pre-money valuation
—
Post-money valuation
—
Disclosed investors
6
Lead investors
0
Linked sources
1