Mobility 54

Mobility 54 Investment, established in 2019, is a venture capital firm based in Paris, France, formed as a joint venture between Toyota Tsusho Corporation and CFAO. The firm focuses on investing in mobility services and technology startups operating in Africa, aiming to support innovative solutions in the transportation sector across the continent.

21 past transactions

BasiGo

Series A in 2024
BasiGo is an e-mobility start-up focused on transforming public transportation in Kenya and Rwanda by providing electric buses as a cost-effective alternative to diesel. The company employs a pay-as-you-go model, which simplifies the transition for bus operators by including maintenance and battery charging in the financing plan. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven and safe battery technology. This approach not only addresses the rising costs of diesel fuel but also aims to make electric buses affordable and accessible to all bus owners, thereby promoting sustainable and efficient public transport solutions in the region.

BasiGo

Venture Round in 2024
BasiGo is an e-mobility start-up focused on transforming public transportation in Kenya and Rwanda by providing electric buses as a cost-effective alternative to diesel. The company employs a pay-as-you-go model, which simplifies the transition for bus operators by including maintenance and battery charging in the financing plan. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven and safe battery technology. This approach not only addresses the rising costs of diesel fuel but also aims to make electric buses affordable and accessible to all bus owners, thereby promoting sustainable and efficient public transport solutions in the region.

BasiGo

Seed Round in 2022
BasiGo is an e-mobility start-up focused on transforming public transportation in Kenya and Rwanda by providing electric buses as a cost-effective alternative to diesel. The company employs a pay-as-you-go model, which simplifies the transition for bus operators by including maintenance and battery charging in the financing plan. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven and safe battery technology. This approach not only addresses the rising costs of diesel fuel but also aims to make electric buses affordable and accessible to all bus owners, thereby promoting sustainable and efficient public transport solutions in the region.

Drive to Own

Venture Round in 2022
Drive to Own is a vehicle finance service designed to enable individuals to purchase private cars based on their income and budget. The company allows users to acquire ownership of vehicles without the burden of maintenance or insurance costs. Customers can prepay for miles to use the vehicle, facilitating a straightforward ownership experience without long-term commitments or complicated loan screenings. This innovative approach makes car ownership more accessible to a broader audience.

Waspito

Grant in 2022
Waspito Inc. is a healthcare technology company based in Douala, Cameroon, that has developed an e-health platform aimed at enhancing the accessibility and affordability of healthcare in Africa. Founded in 2020, Waspito provides a mobile application that connects users with a range of healthcare services, including online consultations with certified medical professionals from various specialties. Patients can engage in video consultations, receive electronic prescriptions, and access health tips, all from their devices. Additionally, the platform facilitates services for pharmacies and laboratories, including medication and laboratory delivery. Through these offerings, Waspito strives to streamline the healthcare experience for patients while supporting a collaborative ecosystem for healthcare providers.

Tugende

Series B in 2022
Tugende is a financial services company based in Kampala, Uganda, focused on empowering informal sector entrepreneurs and small to medium-sized enterprises. Founded in 2012, Tugende primarily assists motorcycle taxi drivers in transitioning from renting to owning their motorcycles within eighteen months, thereby enhancing their income, job security, and road safety. In addition to motorcycles, Tugende provides business assets such as special hire taxis, matatus, and boat engines, as well as supplementary assets for existing clients like smartphones and salon equipment. The company also offers a range of services, including care services for health and life insurance, safety training, and value-added services like genuine parts and maintenance support. By addressing the credit gap and facilitating asset ownership, Tugende helps clients achieve financial independence and sustainable livelihoods.

SparePap

Venture Round in 2022
Operator of automotive ecommerce platform intended to streamline the accessibility of specialized and ordinary vehicle spare parts. The company's marketplace provides convenient and effective access to buying and selling of spare parts and on-demand car maintenance services from qualified and vetted mechanics, enabling car owners to locate, compare prices and purchase replacement parts from trusted merchants verified by the company and merchants and service providers to reach a wider audience.

OnePort 365

Seed Round in 2022
OnePort 365 is a B2B digital freight forwarding platform that aims to streamline supply chains by providing comprehensive freight forwarding, customs brokerage, and warehouse management services. The platform enables users to book, manage, and track both international and local shipments efficiently. It features a personalized dashboard that offers instant competitive quotes and access to end-to-end supply chain services. By leveraging technology, OnePort 365 simplifies the freight forwarding process, allowing traders to manage their shipments effectively while eliminating time-consuming inefficiencies.

ETAP

Pre Seed Round in 2022
ETAP is a car insurance platform designed to simplify the process of purchasing and claiming car insurance. Utilizing advanced technology, the platform focuses on preventing fraud while delivering enhanced experiences and competitive pricing for customers. Key features include risk profile-based instant coverage, crash notifications, and emergency support. Additionally, ETAP offers flexible automated payment plans and provides insights into driving behavior through driver scores for each completed trip. Safe Driving Rewards are available for drivers who demonstrate safe driving practices, further incentivizing responsible behavior on the road.

Aceleron

Series A in 2022
Aceleron Limited is a UK-based company focused on transforming end-of-life lithium-ion batteries from electric vehicles into energy storage solutions. Founded in 2016 and headquartered in Hayes, the company collects discarded batteries, assesses their viability for reuse, and provides modular battery assembly hardware. Aceleron aims to facilitate a global transition to renewable energy by offering innovative storage technology that allows easy servicing and upgrading of battery packs, thereby reducing disposal costs. Its products are designed to be lightweight, portable, and reusable, enabling users, particularly in developing regions, to harness wasted battery resources for alternative energy production. Through continuous innovation and high-quality testing, Aceleron seeks to make a positive impact on communities worldwide by promoting sustainable battery technology.

Zembo

Seed Round in 2021
Zembo is a company focused on providing affordable electric motorcycles specifically designed for motorcycle taxi drivers in Africa, particularly in Uganda's boda-boda market. The business model includes a battery swapping system that allows drivers to exchange discharged batteries for fully charged ones at designated swap stations. This innovative approach not only ensures that customers have access to reliable transportation but also promotes environmental sustainability by offering an eco-friendly alternative with no carbon emissions or noise.

Autochek

Seed Round in 2021
Autochek is an automotive technology company founded in 2020 and based in South Africa. It operates online platforms that connect buyers and sellers in the automotive sector, facilitating smoother transactions. The company focuses on enhancing commerce within this industry by providing digital solutions that improve access to auto loans, quality maintenance, aftersales services, and warranty solutions. Its marketplace aims to create a better system for coordinating and maintaining vehicle records, making it easier for car buyers and sellers to engage in the automotive market. Through these initiatives, Autochek seeks to modernize the way automotive transactions are conducted.

Kamtar

Series A in 2021
Kamtar is an online logistics platform operating in West Africa that facilitates the transportation of goods by connecting verified drivers and their trucks with customers. It aims to address the significant challenges associated with transport in the region by streamlining the process. The platform allows load providers to easily connect with a network of independent transporters, select appropriate vehicle types, and book transportation services directly. This direct connection enhances transparency in delivery operations and helps reduce costs by eliminating intermediaries and the need for negotiation in delivery services. Kamtar's mission is to simplify logistics and improve the efficiency of goods transportation in West Africa.

Kai Senegal

Seed Round in 2021
Kai Senegal is a digital ride-hailing app that connects customers with drivers and a fleet management solution that allows private owners and institutional investors to buy and maintain high-quality vehicles.

AiCare

Angel Round in 2021
AiCare specializes in telematics technology that transforms motion data into actionable insights, enhancing personalized engagement and promoting safer and more sustainable mobility experiences. The company serves various sectors within the mobility landscape, including auto insurance, asset finance, fleet management, car manufacturing, and road safety. By equipping motor insurance companies with detailed automobile driving and driver behavior data, AiCare enables accurate risk assessments and the development of value-added services. This approach allows insurers to evaluate accident risk more effectively, ultimately leading to improved insurance products tailored to individual driver profiles.

Touch Group

Venture Round in 2021
Touch Group provides a single-account, multichannel, and modular payment solution. Their device manages all the transactional needs of their customers. They offer payment acceptance, digital credit, real-time reporting, service distribution, mass payments, invoicing, cash-flow management, money transfer, and intercontinental settlement services.

AiCare

Convertible Note in 2021
AiCare specializes in telematics technology that transforms motion data into actionable insights, enhancing personalized engagement and promoting safer and more sustainable mobility experiences. The company serves various sectors within the mobility landscape, including auto insurance, asset finance, fleet management, car manufacturing, and road safety. By equipping motor insurance companies with detailed automobile driving and driver behavior data, AiCare enables accurate risk assessments and the development of value-added services. This approach allows insurers to evaluate accident risk more effectively, ultimately leading to improved insurance products tailored to individual driver profiles.

Data Integrated

Venture Round in 2020
Data Integrated Limited is an information and communications technology (ICT) company based in Nairobi, Kenya, founded in 2012. The company specializes in developing applications for transport management services, primarily aimed at bus operators. Its offerings include real-time access to public transport schedules, smart solutions to enhance operational efficiency, and digital ticketing systems that facilitate cashless transactions on buses. Additionally, Data Integrated provides payroll solutions to streamline financial operations for small and medium-sized enterprises (SMEs). By focusing on improving payment efficiency and promoting financial inclusion, the company addresses key challenges faced by both transport operators and users.

Tugende

Series A in 2020
Tugende is a financial services company based in Kampala, Uganda, focused on empowering informal sector entrepreneurs and small to medium-sized enterprises. Founded in 2012, Tugende primarily assists motorcycle taxi drivers in transitioning from renting to owning their motorcycles within eighteen months, thereby enhancing their income, job security, and road safety. In addition to motorcycles, Tugende provides business assets such as special hire taxis, matatus, and boat engines, as well as supplementary assets for existing clients like smartphones and salon equipment. The company also offers a range of services, including care services for health and life insurance, safety training, and value-added services like genuine parts and maintenance support. By addressing the credit gap and facilitating asset ownership, Tugende helps clients achieve financial independence and sustainable livelihoods.

Teliman

Series A in 2020
Teliman operates an on-demand motorcycle-taxi service in Bamako, Mali, addressing the challenges of inadequate public transportation in the city. By connecting urban commuters with trained, equipped, and insured professional drivers, Teliman offers a safer and more efficient transport option. The company provides a comprehensive mobility solution that includes a mobile application, call centers, and quality motorcycles equipped with GPS and insurance coverage for both passengers and drivers. With the support of Toyota Tsusho Corporation and local investors, Teliman is committed to enhancing mobility in Mali and West Africa, striving to create shared value for a community where over 600,000 passengers face daily commuting difficulties.
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