South African startup RNR secures $640k in funding for its breakdown management services
- RNR, a South Africa-based breakdown management startup, has secured ZAR12 million (US$640,000) in funding to bolster its team and scale its operations across Southern Africa.
- HAVAÍC, a prominent South African venture capital firm, spearheaded the startup’s funding round in February 2023, raising ZAR10 million (US$555,000).
- Through its extensive network of certified mechanics, electricians, and service facilities across the country, the company provides breakdown support to truck fleet managers and vehicle OEMs.
RNR's recent funding round and impressive growth in breakdown volume and income highlight the demand for their breakdown management services in Southern Africa's transport and logistics market. With their advanced technology and extensive network, RNR is well-positioned to capitalize on this opportunity and expand their operations further.
