Nigerian automotive startup Fixit45 raises $1.9M to expand into East Africa

Fixit45 is an auto-tech company enabling efficient interactions across multiple aftermarket stakeholders. These stakeholders include a vast network of automobile service providers, specialized technical teams, spare parts suppliers, and end-consumers. Here are details of Fixit45’s latest funding round :

🚀 Launch

2020

🏭 Industry

Automotive

🧠Management

Goodluck Ikporo, Pankaj Bohhra, Odusina Abiodun

💸 Funding & Investors

  • Investment (September 2023) : $1.9 million (Pre-seed). The funding is a mix of equity and working capital.
  • Investors : led by Launch Africa Ventures, with the participation from Soumobroto Ganguly and Dave Delucia, along with a diverse group of angel investors.

🎯 Funding purpose

East-Africa expansion (Kenya, Uganda)

🌐 Country HQ

Nigeria (Lagos)

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