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.
Google, Speedinvest back Kenya’s Leta, which uses AI to make logistics cheaper
African businesses pay up to four times the global average for logistics, with logistics costs comprising 75% of product costs. Leta, a Nairobi-based logistics SaaS provider, has raised $5 million in seed funding to scale its AI-powered platform.
Oze raises undisclosed round from Visa, and German DFI, DEG
Oze announces a new undisclosed investment round from Visa and DEG. The startup previously raised $3 million in a pre-series A round led by Speedinvest.
Oze Secures Investment from Visa and DEG in latest funding round
Oze secured investment from Visa and DEG to expand its AI-powered digital lending solutions. The funding will help scale Oze's Lending Management System across more markets.
Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi
Khazna raised $16 million in pre-Series B funding. User base grew from 150,000 to over 500,000 in less than a year.
