Naspers Foundry puts R42m into Cape Town transport start-up
Company leads the fundraising project with Cathay AfricInvest Innovation Fund and SBI Investment
07 June 2021 - 10:00
Naspers is moving further into the mobility and transport sector, as its SA-focused venture arm invested $3m (R42m) into a Cape Town-based start-up specialising in creating digital maps of informal transport routes.
On Monday, Naspers said it led a R201m investment round in WhereIsMyTransport through its Foundry unit, with Cathay AfricInvest Innovation Fund and SBI Investment...
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