Kenya's Sendy — with an on-demand platform that connects clients to drivers and vehicles for goods delivery — has raised a $20 million Series B led by Atlantica Ventures. Toyota Tsusho Corporation, a trade and investment arm of Japanese automotive company Toyota, also joined the round, reports Techcrunch. Sendy joins Zido, Swvl, Kobo360 and Lori as logistics companies that have raised funds very recently, demonstrating the dynamism in the African logistics market.
Kenya's Sendy — with an on-demand platform that connects clients to drivers and vehicles for goods delivery — has raised a $20 million Series B led by Atlantica Ventures. Toyota Tsusho Corporation, a trade and investment arm of Japanese automotive company Toyota, also joined the round, reports Techcrunch. Sendy joins Zido, Swvl, Kobo360 and Lori as logistics companies that have raised funds very recently, demonstrating the dynamism in the African logistics market.