CC image courtesy of Miran Rijavec via flickr. https://www.flickr.com/photos/miran/4603130687

Ride-hailing startup Kai Senegal raises seed funding round

By Tom Jackson on August 30, 2021 News, West Africa

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.

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Tom Jackson

Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.