Max

Crowdsourced platform for local delivery
Location: Nigeria
Website: https://www.max.africa/
Sector: Logistics & Transport
Funding Stage: Series A Venture Round Series B Venture Round
Total Funding ($m): $63M
# of Founders: 3
Founding Year: 2015
Funding Year: 2021
Status: Active
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2019 | $7m | Series A | Novastar Ventures, Yamaha Motor, Breakthrough Energy Ventures, Zrosk Investment Management, and Goodwell Investments |
| 2020 | $1m | Venture Round | Issuance of a ?400 million ($1 million) 1-year fixed-rate notes series 1 Bond |
| 2021 | $31m | Series B | Lightrock, Global Ventures, Novastar Ventures, Proparco |
| 2022 | $24m | Venture Round | n.a. |
| Adetayo Bamiduro, Chinedu Azodoh, Guy-Bertrand Njoya, |
Series A $7m
Novastar Ventures, Yamaha Motor, Breakthrough Energy Ventures, Zrosk Investment Management, and Goodwell Investments
Venture Round $1m
Issuance of a ?400 million ($1 million) 1-year fixed-rate notes series 1 Bond
Series B $31m
Lightrock, Global Ventures, Novastar Ventures, Proparco
Venture Round $24m
n.a.