Same deals, $102 million less cash: Africa’s logistics and transport funding in Q1 2025
TechCabal - Jun 05, 2025
Thirteen logistics and mobility startups raised funding in Q1 2025, matching the number of deals from Q1 2024. Total funding for these startups plummeted to $44.9 million, a 69% decrease from the previous year's $146 million.
African e-commerce startups raise $11.3M in Q1 as investor caution grows
TechCabal - May 21, 2025
Funding for African e-commerce startups fell to $11.3 million in Q1 2025 from $21.4 million in Q1 2024. Egypt's Taager raised $6.8 million in a Pre-Series B round led by Breyer Capital.
Taager Secures $6.75M to Expand AI-Powered Social E-Commerce in MENA
Tech In Africa - Feb 14, 2025
Taager secured USD 6.75 million in a Pre-Series B funding round led by Norrsken22. The funding round was oversubscribed and included participation from Endeavor Catalyst and Beltone VC.