Same deals, $102 million less cash: Africa’s logistics and transport funding in Q1 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.
- Gozem secured a $30 million Series B round, backed by notable investors including SAS Shipping Agencies Services and Al Mada Ventures.
The drastic decline in funding for logistics and mobility startups in Q1 2025 raises concerns about the sustainability of investor interest in the sector. While the number of deals remains stable, the significant drop in total funding suggests that investors are becoming more cautious and may prioritize efficiency over high-value investments. This trend could hinder innovation and growth unless startups adapt to the changing landscape by focusing on profitability and scalable business models.
