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Shuttlers, a Nigerian innovative shared-mobility platform, has secured $4 million in funding for expansion.
The funding round was led by Verod-Kepple Africa Ventures, with follow-on investment from VestedWorld, EchoVC Partners, CMC 21 & Alsa, and SheEquity. Founded in 2016, Shuttlers offers a range of shared transportation options, including buses, vans, and cars, with routes that cover major cities and suburbs across Nigeria. Their app-based platform allows users to book rides in real-time, and the company is committed to providing safe, comfortable, and reliable services. The company aims to make transportation more accessible and affordable for all Nigerians.

Glint, a prominent Egyptian venture capital firm, has secured an initial $3 million for its second fund, targeting early-stage startups.

Malian agritech and climate-insurance startup, OKO, has secured a new round of investment led by Catalyst Fund, with backing from two of its earlier backers.

Botswana Tech Fund 1 has completed a $6.7 million first close, providing fresh venture capital for technology companies across Southern Africa and strengthening efforts to expand startup funding beyond Africa’s largest venture markets.