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Nigerian Auto-Tech Startup Fixit45 Raises $1.9 Million Pre-Series Funding For  Expansion

New Investments

Nigerian Auto-Tech Startup Fixit45 Raises $1.9 Million Pre-Series Funding For Expansion

Nigerian auto-tech startup Fixit45 has raised $1.9 million in a pre-seed funding round for expansion.

The round was supported by several notable investors, including Launch Africa Ventures, Soumobroto Ganguly, and David DeLucia, along with several angel investors.

Fixit45 is a mobile app that provides on-demand car maintenance and repair services.

The app allows users to schedule appointments with verified mechanics who come to their location to perform the necessary services.

Fixit45 also offers various other services, such as car wash, roadside assistance, and spare parts delivery.

The company was founded in 2022 by three entrepreneurs: CEO Olumide Soyombo, COO Tolulope Olanrewaju, and CTO Samuel Olatunji.

Soyombo is a former engineer at Google and Microsoft, while Olanrewaju and Olatunji have both worked in the Nigerian auto industry.

The pre-seed funding round will be used to expand Fixit45’s operations in Nigeria and other African markets.

The company also plans to use the funds to develop new products and services, such as a subscription-based car maintenance service.

The investment in Fixit45 is a sign of the growing interest in the African auto-tech sector.

In recent years, there has been a surge in the number of startups developing innovative solutions to address the challenges of car ownership in Africa.

According to a report by Disrupt Africa, the African auto-tech sector is expected to reach $5 billion by 2025.

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 ROAM Introduces Kenya’s First All-Electric Shuttle Bus Built Entirely In The Country

Key Developments

ROAM Introduces Kenya's First All-Electric Shuttle Bus Built Entirely In The Country

ROAM, a Kenyan electric vehicle (EV) company, has introduced the Move, an all-electric shuttle bus that is the first of its kind to be built entirely in Kenya.

The Move is a zero-emission vehicle designed to provide a comfortable and efficient transportation solution for urban and rural communities.

The Move is equipped with a 170 kWh battery pack that gives it a range of up to 200 kilometers on a single charge.

It can accommodate up to 51 passengers and features ergonomic seats, spacious aisles, and a low-floor entry for easy access.

The bus is also equipped with various safety features, including a collision warning system, lane departure warning system, and automatic emergency braking system.

ROAM has partnered with several local companies to develop and produce the Move, including Kenya Vehicle Manufacturers (KVM), Associated Vehicle Assemblers (AVA), and East African Portland Cement (EAPCC). The bus is assembled at KVM’s factory in Thika, Kenya.

The Move is a significant development for Kenya’s transportation sector.

It is the first all-electric shuttle bus to be built in Kenya, and it represents a significant step forward for the country’s efforts to reduce its carbon footprint.

The Move is also expected to create jobs in the local economy and support the growth of Kenya’s EV industry.

In addition to its environmental and economic benefits, the Move also offers several advantages over conventional diesel-powered shuttle buses.

Electric buses are quieter and cleaner and require less maintenance than diesel buses. This makes them a more attractive option for operators and passengers alike.

ROAM plans to deploy the Move on several routes in Kenya in the coming months. The company is also exploring opportunities to export the bus to other African countries.

The introduction of the ROAM Move is a major milestone for Kenya’s transportation sector and the country’s efforts to combat climate change.

It is a testament to the country’s growing expertise in EV technology and its commitment to sustainable development.

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