[b]Kenya’s logistics startup Amitruck raises fund to expand its customer base across[/b

Kenyan logistics startup Amitruck has raised an undisclosed investment led by Dynamo Ventures with participation from Plug and Play Ventures along with several angel investors.


The pre-seed funding will be used to expand the startup’s reach and customer base in East Africa.

In a press statement to Ventureburn, Barry Large from Dynamo Ventures who previously was a board director at Sennder explains that the startup has great potential for incremental growth.

“We are excited to be investing in Amitruck given the momentum it has achieved over the last 12 months particularly in light of the challenges associated with COVID-19. We see many similarities between Amitruck and Sender which we invested in at a very similar stage of their lifecycle and believe Amitruck has the potential to become equally as successful”.

Read more...https://media.getfundedafrica.com/2021/02/16/kenyas-logistics-startup-amitruck-raises-fund-to-expand-its-customer-base-across-east-africa/