Automobile Startups in Africa

Overview Powered by AI

Local auto market abuzz with potential. Players like Sylndr driving innovation with used car financing. Business leaders optimistic, seeing growing demand for affordable mobility solutions. Infrastructure improvements and government support fueling industry growth.

Cummulative Funding

$32.7M+

Total # of Companies

3

Total Deal Count

11

Total M&A Count

1

Total # of Investors

29

List of Automobile startups in Africa

Add Startup
StartupOverviewLast roundTotal raisedFounded
1.

Revolutionizing the used-car market with trust and transparency.

Debt Financing

$ 20,000,000

2021

2.

Hakki Africa is a Kenya-based FinTech startup that provides microfinance services for small and medium-sized enterprises.

Venture

$ 12,700,000

2018

3.

AUTO24.africa is the continent's premier destination for certified pre-owned vehicles.

Funding Round

Undisclosed

2008

Sylndr

Founded

2021

Overview

Revolutionizing the used-car market with trust and transparency.

Last round

Debt Financing

Total raised

$ 20,000,000

Employee

11-50

Founded

2018

Overview

Hakki Africa is a Kenya-based FinTech startup that provides microfinance services for small and medium-sized enterprises.

Last round

Venture

Total raised

$ 12,700,000

Employee

11-50

Founded

2008

Overview

AUTO24.africa is the continent's premier destination for certified pre-owned vehicles.

Last round

Funding Round

Total raised

$ 0

Employee

51-200

Browse Automobile industry stats