Automotive Startups in Africa
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Automotive sector poised for growth as disposable incomes rise. Insurance and tracking tech gaining traction, driven by safety concerns. Yassir's entry shakes up ride-hailing landscape. Local leaders optimistic about sector's potential, citing infrastructure improvements and government support.
Cummulative Funding
$37.9M+
Total # of Companies
7
Total Deal Count
15
Total M&A Count
5
Total # of Investors
36
List of Automotive startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Autochek Africa is a Nigerian Automotive Technology startup that builds solutions aimed at enabling commerce within the automotive sector. | Seed | $ 16,500,000 | 2011 | |
JET Motor Company is a Nigerian auto-manufacturer that designs and builds vehicles for African roads. | Venture | $ 9,000,000 | 2017 | |
Cars45 buys, sells, prices, and rates the condition of pre-owned autos. | Series A | $ 5,000,000 | 2016 | |
Mecho Autotech is a Nigerian On-demand auto repair and maintenance platform for individuals and businesses in Africa. | Seed | $ 4,675,000 | 2021 | |
Fixit45 is an auto-tech company enabling efficient interactions across multiple aftermarket stakeholders. | Pre-seed | $ 1,900,000 | 2020 | |
Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment. | Funding Round | $ 850,000 | 2018 | |
Parkit is a technology company simplifying vehicle wash and care services in Africa. | Undisclosed | Undisclosed | 2018 |
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
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
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
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
$ 4,675,000
Employee
11-50
Founded
2020
Overview
Fixit45 is an auto-tech company enabling efficient interactions across multiple aftermarket stakeholders.
Last round
Pre-seed
Total raised
$ 1,900,000
Employee
201-500
Founded
2018
Overview
Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.
Last round
Funding Round
Total raised
$ 850,000
Employee
2-10
Founded
2018
Overview
Parkit is a technology company simplifying vehicle wash and care services in Africa.
Last round
Undisclosed
Total raised
$ 0
Employee
51-200