INCUBATE AFRICAIt's African Tech for Us
September 24, 2021
Funding and Acquisitions

Ride-hailing startup Kai Senegal raises seed funding round

  • August 30, 2021
  • 1 min read
Ride-hailing startup Kai Senegal raises seed funding round

Ride-hailing service Kai Senegal has raised a round of seed funding from Mobility 54, the corporate venture capital arm of Toyota Tsusho Corporation, to help it scale.

Founded in 2018, Kai Senegal is a technology-driven ride-hailing platform that connects customers to drivers via its app, as well as listing various commercial motor vehicles for sale.

The startup has now raised a round of seed funding from Mobility 54, the corporate venture capital arm of Toyota Tsusho Corporation, and VC firm CFAO Group, in order to help it scale.

Mobility 54 is a regular investor in African mobility startups, having also backed the Ivory Coast-based Moja Ride and Kenya’s Data Integrated within the last year.

About Author

Jessy Lesley

Jessy Lesley covers startups and investment activities in Kenya and Africa You can hit him up at jessy@incubateafrica.net

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