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MAX Secures $8.0M

Recently funded · $8.0M UnknownTransportation, Logistics, Supply Chain and StorageNGView source

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MAX, the company aiming to build Africa's largest mobility-tech platform, has secured $8.0M in new capital. This funding comes as MAX continues its work providing commercial drivers with vehicle subscriptions for high-performance and low-emission vehicles across the continent.

The company's broader mission is to empower 100 million Africans by giving them tools to create wealth, a significant undertaking within the region's rapidly evolving transportation landscape.

Is 2026 proving to be a story of resilience? At this same time last year (January-May 2025), we tracked $1.056B. This year, the ecosystem is almost neck and neck with $1.044B raised so far. May just added its part, and here’s what happened.

Africa’s startups raised $124M in May 2026, led by a mix of large loans and equity deals. We tracked deals across fintech, logistics, housing, and healthcare. NALA secured $50M in debt to scale its stablecoin-powered cross-border payment infrastructure. LemFi is mid-raise on a $34.8M (€30M) round to expand financial services for immigrants. MAX $8M in debt to grow its EV fleet and battery-swap

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