Led by Silicon Badia, with participation from RZM Investment, Flat6Labs, and Saudi Angel Investors, this funding will fuel Roboost’s regional expansion ambitions.
Roboost has carved a niche with its game-changing SaaS solution and AI operations copilot.
The platform boasts a number of features like pre-delivery tech, precision auto-dispatching, and “smart routes” based on text addresses setting new standards in delivery automation.
The $3 million investment will fuel its expansion across the MENA region, capturing the vast potential of the delivery market.
Diversification is also on the horizon, with Roboost planning to venture into e-commerce and middle-mile solutions, offering tailor-made automation for businesses of all sizes.
Hossam Shafick, Investor at Silicon Badia, expressed his confidence:
“Our investment reflects our belief in Roboost’s vision and capabilities. We are thrilled to support their journey towards regional and global leadership.”
Roboost’s success story is a testament to the power of AI in revolutionizing logistics.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
VitruvianMD, a promising South African medtech startup focusing on innovative healthcare solutions, has raised $1.25 million in funding.
The funding round attracted participation from Norrsken Accelerator, Acquired Wisdom Fund (AWF), Hustle Fund, Voltron Capital, Microtraction, Ajim Capital, HoaQ, Bold Angel Fund, Shivdasani Family and other angel investors.
EchoVC, a leading pan-African venture capital firm dedicated to empowering underrepresented founders and underserved markets, has announced the launch of its latest pre-seed fund, EchoVC Eco Pilot Fund I.
Register Now
© 2021 Empower Africa. All rights reserved.