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.
The Emerging Africa & Asia Infrastructure Fund (EAAIF), under the management of Ninety One, has committed $45 million in funding to CrossBoundary Energy.
Google has unveiled the latest cohort of startups selected for the 2024 Google for Startups Accelerator Africa program, reinforcing its commitment to fostering Africa’s growing tech ecosystem.
The strategic investment marks a significant milestone for GoSolr and paves the way for accelerated growth and expansion in the country’s clean energy landscape.
© 2021 Empower Africa. All rights reserved.