Nigerian Startup MAX Raises $24M to Scale Electric Mobility Across Africa
By I-STRATA Research, Tech and Innovation
Africa first integrated EV and battery subscription platform secures major funding to accelerate clean energy infrastructure.
Nigerian startup MAX, Africa first integrated electric vehicle and battery subscription platform, has raised US$24 million in funding to accelerate the continent transition to clean, affordable, and inclusive mobility.Funding DetailsThe funding round combines equity investment from Equitane DMCC, Novastar, Endeavor Catalyst, and other global investors, alongside asset-backed and climate-focused debt from the Energy Entrepreneurs Growth Fund (EEGF) managed by Triple Jump and additional develop...
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