Toyota
Automobile Business News Ride-hailing Technology

Toyota to Acquire Lyft’s Self Driving Division For $550m

Toyota Motor Corporation has agreed to acquire Level 5, the self-driving division of Lyft Inc. one of the largest ride-hailing

Toyota
Technology

Toyota Breaks Ground for “Woven City”, a Prototype City For The Future

Toyota Motor Corporation (Toyota) and Woven Planet Holdings, Inc. (Woven Planet), the Toyota Group company responsible for a wide range

Tugende
Business Funding Investment Mobility

Ugandan-based Tugende Closes $6.3m Toyota Tsusho-Backed Series A Investment Round

Tugende, a technology-enabled asset finance company operating in Uganda and Kenya, has announced the completion of a USD $6.3M Series

Apps Funding Innovation Investment Technology

Toyota to Boost Uber’s Self-driving Car Programme With $500 Million

Japanese carmaker Toyota is to invest $500m in the ride-hailing company Uber as the two companies expand their partnership in the development

Apps Business Funding Investment Technology Transport

Toyota Pumps $1Billion In Ridesharing Firm Grab

Toyota has pumped $1bn in South East Asia’s ridesharing firm Grab that values the ride-hailing company at $10bn following its

Venture Capital

Verod-Kepple Africa Ventures (VKAV) Closes its first fund at $60m

Verod-Kepple Africa Ventures (VKAV) has announced that it has closed its first fund at $60 million. Key institutional investors in

BasiGo
Electric Vehicle Funding Investment Venture Capital

BasiGo Secures $3m from CFAO For Scale-up

BasiGo, an electric bus company, has secured $3 million in equity funding from the CFAO Group. This investment aims to

Leapfrog Ventures
Funding Investment Venture Capital

LeapFrog Investments Plans to Hold Final Close of its $1bn Fund in Feb 2024

LeapFrog Investments, the Profit with Purpose firm, has raised a significant share of its Emerging Consumer Fund IV targeting $1

Sendy
Acquisition

Sendy, a Kenyan Loistics Startup, Plans Acquisituon After Ceasing Operations

Sendy, a Kenyan logistics startup that allows retailers to purchase FMCGs directly from manufacturers making plans to be acquired after

Venture Capital

Verod-Kepple Africa Ventures Raises $43m to Focus on Emerging Growth Stage Companies

Verod-Kepple Africa Ventures has raised US$43 million as part of its ongoing fundraising for its pan-African venture fund.  The fund’s