Automotive Startups in Africa
Step into the thriving world of Automotive startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in Automotive.
Cummulative Funding
$1.1B+
Total # of Companies
61
Total Deal Count
110
Total M&A Count
8
Total # of Investors
188
List of Automotive startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Hollard Insurance is an insurance agency selling house, car, business and funeral insurance. | Corporate | $ 327,000,000 | 1980 | |
Tracker Connect provides vehicle safety solutions such as vehicle tracking, stolen vehicle recovery systems, and fleet management | Private Equity | $ 234,427,264 | 1996 | |
Yassir is a transport service that uses smartphone app and allows everyone to book drivers and move around safely. | Series B | $ 217,690,000 | 2016 | |
Webuycars is South Africa's one-stop service to either SELL or BUY a vehicle. | Venture | $ 84,600,000 | 2001 | |
Ampersand makes better, cheaper, more powerful motorcycles for the millions of motorcycle taxis in East Africa. And they're electric. | Venture | $ 54,990,850 | 2014 | |
Roam provides accessible, low-cost, and low-emission transport solutions for the vast population across Kenya and the greater African continent. | Debt Financing | $ 41,500,000 | 2017 | |
Mogo is a Kenyan vehicle financing company. | Debt Financing | $ 17,000,000 | 2018 | |
Autochek Africa is a Nigerian Automotive Technology startup that builds solutions aimed at enabling commerce within the automotive sector. | Seed | $ 16,500,000 | 2011 | |
Revolutionizing the used-car market with trust and transparency. | Pre-seed | $ 12,600,000 | 2021 | |
Freight in Time is a homegrown logistics company with a global network, providing innovative end-to-end freight solutions. | Private Equity | $ 10,000,000 | 1998 | |
JET Motor Company is a Nigerian auto-manufacturer that designs and builds vehicles for African roads. | Venture | $ 9,000,000 | 2017 | |
Mobius designs, manufactures and sells vehicles built specifically for the African mass market. | Debt Financing | $ 6,000,000 | 2010 | |
Cars45 buys, sells, prices, and rates the condition of pre-owned autos. | Series A | $ 5,000,000 | 2016 | |
Peach Cars is a Kenyan e-commerce solution revolutionizing car ownership in sub-Saharan Africa. | Seed | $ 5,000,000 | 2020 | |
Odiggo is transforming the car-parts market in Egypt and the broader Middle East. | Seed | $ 3,213,000 | 2017 | |
FriendyM is an Egypt and MENA-focused Mobile App startup that offers car management and maintenance services. | Funding Round | $ 3,200,000 | 2016 | |
Matforce is a car dealership and energy equipment company focused on dimensioning, repair workshops, spare parts, leasing, and more. | Venture | $ 2,900,000 | 1968 | |
Mecho Autotech is a Nigerian On-demand auto repair and maintenance platform for individuals and businesses in Africa. | Seed | $ 2,275,000 | 2021 | |
CarZar is an online car buying service, empowering consumers to sell their second hand vehicle. | Venture | $ 1,500,000 | 2016 | |
getWorth is an information driven business that helps people to buy and sell cars for what they are really worth. | Venture | $ 1,400,000 | 2016 |
Founded
1980
Overview
Hollard Insurance is an insurance agency selling house, car, business and funeral insurance.
Last round
Corporate
Total raised
$ 327,000,000
Employee
1001-5000
Founded
1996
Overview
Tracker Connect provides vehicle safety solutions such as vehicle tracking, stolen vehicle recovery systems, and fleet management
Last round
Private Equity
Total raised
$ 234,427,264
Employee
1001-5000
Founded
2016
Overview
Yassir is a transport service that uses smartphone app and allows everyone to book drivers and move around safely.
Last round
Series B
Total raised
$ 217,690,000
Employee
51-200
Founded
2001
Overview
Webuycars is South Africa's one-stop service to either SELL or BUY a vehicle.
Last round
Venture
Total raised
$ 84,600,000
Employee
501-1000
Founded
2014
Overview
Ampersand makes better, cheaper, more powerful motorcycles for the millions of motorcycle taxis in East Africa. And they're electric.
Last round
Venture
Total raised
$ 54,990,850
Employee
1-10
Founded
2017
Overview
Roam provides accessible, low-cost, and low-emission transport solutions for the vast population across Kenya and the greater African continent.
Last round
Debt Financing
Total raised
$ 41,500,000
Employee
201-500
Founded
2018
Overview
Mogo is a Kenyan vehicle financing company.
Last round
Debt Financing
Total raised
$ 17,000,000
Employee
1,001-5,000
Founded
2011
Overview
Autochek Africa is a Nigerian Automotive Technology startup that builds solutions aimed at enabling commerce within the automotive sector.
Last round
Seed
Total raised
$ 16,500,000
Employee
51-200
Founded
2021
Overview
Revolutionizing the used-car market with trust and transparency.
Last round
Pre-seed
Total raised
$ 12,600,000
Employee
11-50
Founded
1998
Overview
Freight in Time is a homegrown logistics company with a global network, providing innovative end-to-end freight solutions.
Last round
Private Equity
Total raised
$ 10,000,000
Employee
251-500
Founded
2017
Overview
JET Motor Company is a Nigerian auto-manufacturer that designs and builds vehicles for African roads.
Last round
Venture
Total raised
$ 9,000,000
Employee
11-50
Founded
2010
Overview
Mobius designs, manufactures and sells vehicles built specifically for the African mass market.
Last round
Debt Financing
Total raised
$ 6,000,000
Employee
51-200
Founded
2016
Overview
Cars45 buys, sells, prices, and rates the condition of pre-owned autos.
Last round
Series A
Total raised
$ 5,000,000
Employee
11-50
Founded
2020
Overview
Peach Cars is a Kenyan e-commerce solution revolutionizing car ownership in sub-Saharan Africa.
Last round
Seed
Total raised
$ 5,000,000
Employee
11-50
Founded
2017
Overview
Odiggo is transforming the car-parts market in Egypt and the broader Middle East.
Last round
Seed
Total raised
$ 3,213,000
Employee
11-50
Founded
2016
Overview
FriendyM is an Egypt and MENA-focused Mobile App startup that offers car management and maintenance services.
Last round
Funding Round
Total raised
$ 3,200,000
Employee
2-10
Founded
1968
Overview
Matforce is a car dealership and energy equipment company focused on dimensioning, repair workshops, spare parts, leasing, and more.
Last round
Venture
Total raised
$ 2,900,000
Employee
51-200
Founded
2021
Overview
Mecho Autotech is a Nigerian On-demand auto repair and maintenance platform for individuals and businesses in Africa.
Last round
Seed
Total raised
$ 2,275,000
Employee
11-50
Founded
2016
Overview
CarZar is an online car buying service, empowering consumers to sell their second hand vehicle.
Last round
Venture
Total raised
$ 1,500,000
Employee
11-50
Founded
2016
Overview
getWorth is an information driven business that helps people to buy and sell cars for what they are really worth.
Last round
Venture
Total raised
$ 1,400,000
Employee
1-10