New Investments
Nigerian Automotive Startup Mecho Autotech Raises $2.4M Pre-Series A for Expansion
Founded in 2021, the company provides a platform that connects vehicle owners with workshops that handle vehicle repairs and maintenance.
The company’s pre-Series A funding will be used to expand its wholesale spare parts distribution business.
The Nigerian automotive market is expected to grow at a CAGR of 10% over the next five years.
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