Kenyan Logistics Startup Leta Secures $5M to Scale AI-Powered Platform
- Leta raised $5 million in seed funding led by Speedinvest, with participation from Google’s Africa Investment Fund.
- The funding will enhance Leta's AI-driven logistics optimization platform, which aims to reduce costs and improve efficiency.
- Leta has expanded operations across Kenya, Nigeria, Uganda, Zambia, and Zimbabwe since its $3 million pre-seed funding in 2022.
Leta's innovative approach to logistics through AI and real-time data integration positions it well in a market ripe for disruption. However, as competition increases, it will be crucial for Leta to maintain its technological edge and effectively manage its rapid expansion to ensure sustainable growth.
