An AI-powered logistics startup in Kenya that optimizes delivery routes and provides real-time shipment tracking.
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.
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.
