Page 13 - Dynamo Ventures News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Kenyan logistics platform Amitruck will obtain an undisclosed pre-seed investment as part of an operation led by two U.S. companies, Dynamo Ventures,

AmiTruck founder and CEO Mark Mwangi The deal is in partnership with Dynamo Ventures and Plug and Play Ventures with the funds being used to expand Amitruck business across East Africa. Amitruck has secured an ‘undisclosed’ investment led by US – based Dynamo Ventures with participation from Plug and Play Ventures and a collection of strategic angel investors after completing the Google for Startups Accelerator Africa late last year. The secured funds will be used to expand its business across East Africa. The company has since had a positive outlook in the year, growing revenues by ov...

Share: Autonomous vehicle startup Gatik is already proving its technology can work in middle-mile delivery, but now it is adding a fully electric vehicle to the mix. The company on Wednesday announced its electrification strategy, which includes the use of fully electric autonomous box trucks. The first vehicles will hit the roadways this month in New Orleans. "Helping our customers as they meet their ambitious emissions targets is a key pillar of our long-term strategy. Our electric autonomous box trucks are defining a new frontier in sustainability while continuing to offer the cost reducti...