South African-founded startup WhereIsMyTransport, has raised $201 million (about $14.5 million) in a Series A round. The company actively present in South Africa and Mexico aims to continue its expansion across emerging markets with this new round of funding.
Naspers, through its investment arm, Naspers Foundry, led the founding round with participation from Cathay AfricInvest Innovation Fund, and Japan’s SBI Investment. Of the total amount raised, Naspers Foundry is committing R42 million (about $3 million).
WhereIsMyTransport, a mobility technology company that maps formal and informal public transport networks has clients including Johannesburg commuter rail system Gautrain, and Transport for Cape Town. As of last year, the company has mapped 34 cities with over 100,000 users in Africa.
WhereIsMyTransport is funded by 13 investors. Naspers, Cathay AfricInvest Innovation Fund, and SBI Investment join Global Brain Corporation and Google as the most recent investors.
“Mobility remains an obstacle for billions of people in high-growth markets across the world. Our investment in WhereIsMyTransport is a testimony of our belief that great innovation and tech talent is found in South Africa, and with the right backing and support, these businesses can provide solutions to local challenges and can improve the lives of ordinary people in South Africa and abroad,” said Phuthi Mahanyele-Dabengwa, Naspers CEO.
solange che
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...
Mobile phones have become essential tools for work, education, payments and staying connected across...
Authorities suspended the roaming use of Starlink kits that do not comply with national regulations. The government cited security, traceability,...
Mali approved the creation of an annual national AI forum to drive youth employment. Authorities aim to connect training, innovation, and...
Africa’s animal feed production rose 11.5% in 2025, far above the 2.9% global average. Aquaculture feed recorded the fastest growth, driven...
PostCom connects buyers and sellers through Uganda’s national postal system The platform integrates online trade with postal logistics for...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...