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MAX, the company aiming to build Africa's largest mobility-tech platform, has secured $8.0M in new capital. This funding comes as MAX continues its work providing commercial drivers with vehicle subscriptions for high-performance and low-emission vehicles across the continent.
The company's broader mission is to empower 100 million Africans by giving them tools to create wealth, a significant undertaking within the region's rapidly evolving transportation landscape.
Is 2026 proving to be a story of resilience? At this same time last year (January-May 2025), we tracked $1.056B. This year, the ecosystem is almost neck and neck with $1.044B raised so far. May just added its part, and here’s what happened.
Africa’s startups raised $124M in May 2026, led by a mix of large loans and equity deals. We tracked deals across fintech, logistics, housing, and healthcare. NALA secured $50M in debt to scale its stablecoin-powered cross-border payment infrastructure. LemFi is mid-raise on a $34.8M (€30M) round to expand financial services for immigrants. MAX $8M in debt to grow its EV fleet and battery-swap
CodarHQ
Codar is a technology driven institute invested in empowering people with skills essential to launch a lucrative career in tech .
$1.5M Unknown
17 days ago
Dangote Industries Limited
Driving Africa’s economic growth through industrial excellence and empowering lives.
$2.5B Unknown
24 days ago
Superb Group
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Largest funding rounds in Automotive on Signalbase right now.
| # | Company | Round | Amount | Date |
|---|---|---|---|---|
| 1 |  CHABOT MOBILITY South Korea | Series c | $12.0B | 1y ago |
| 2 |  Cruise United States | Unknown | $8.9B |
Companies that recently closed a Unknown round.
| # | Company | Round | Amount | Date |
|---|---|---|---|---|
| 1 |  duppla Colombia | Unknown | $60.0M | 11d ago |
| 2 |  Atomic One Spain | Unknown | $6.4M | 11d ago |
$14.6M Series a
27 days ago
| 1y ago |
| 3 |  Waymo United States | Unknown | $5.6B | 1y ago |
| 4 |  BYD China | Unknown | $5.6B | 1y ago |
| 5 |  WeRide United States | Unknown | $5.1B | 2y ago |
| 3 |
 Walaw Canada |
| Unknown |
| $1.5M |
| 14d ago |
| 4 |  InvestiFi United States | Unknown | $20.0M | 14d ago |
| 5 |  Cashea | Unknown | $100.0M | 15d ago |
Contacts, investors, buying intent signals & tech stack.
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Start free trialGbolahan F.
Vice President, International Growth and Expansion
Georgeta D.
Chief Financial Officer
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Traxtion
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CargoX
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SURFF Company Inc.
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