POZI Secures €650,000, Marking Gabon’s First International Venture Funding Milestone
POZI, a Gabon-based fleet management startup, has successfully secured €650,000 in seed funding, a landmark achievement as it represents the first instance of international venture capital investment in a tech startup originating from Gabon. This funding round was spearheaded by Saviu Ventures, a venture capital fund specializing in investments within Francophone Africa. EMSY Capital and business angel Chazai Wamba also participated in this significant investment.
Expansion Plans and Future Goals
Founded in 2020 by Loïc Kapitho and Thomas Leluc, POZI specializes in providing telematics and fleet management solutions. The company leverages data analysis and artificial intelligence to offer real-time insights into vehicle performance, anticipate potential risks, and streamline logistics operations for its clients. With the newly acquired capital, POZI intends to broaden its operational scope beyond Gabon, with an initial expansion slated for Côte d’Ivoire in 2025. The company currently manages over 2,500 vehicles for both local and international businesses. The startup has ambitious expansion goals, aiming to connect 35,000 vehicles across ten African countries. This funding round strategically positions POZI for significant regional growth in the coming years.
This investment signifies a crucial moment for Gabon’s tech ecosystem, highlighting its potential for global recognition and investment. The success of POZI could potentially pave the way for future innovation and investment in the region’s burgeoning tech industry.
Keywords
Related Keywords: Logistics startup, POZI, Gabon, venture funding, seed funding, international investment, African startup, logistics, 650, 000, funding round
