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Gabonese logistics startup POZI secured €650,000 in its first international venture funding round, which is great news for the young company. This funding will help POZI grow and start working in new countries, beginning with Côte d’Ivoire in 2025. It’s quite an achievement because POZI is one of the first tech startups from Gabon to get this kind of money from international investors.
POZI secured €650,000 in its first funding round, and the money came from a group led by Saviu Ventures. Other investors like EMSY Capital and a business angel named Chazai Wamba also joined in. This shows that people believe in POZI’s ideas and want to support its growth.
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This Gabon-based fleet management startup POZI has developed a smart system to help companies manage their vehicles better. Using data and artificial intelligence, POZI gives real-time updates on how vehicles are performing. Businesses can see where their vehicles are, how fast they’re going, and if they need repairs. This helps companies save money by fixing problems early and planning deliveries in a smarter way.
Currently, POZI is managing over 2,500 vehicles for different companies. But with this new €650,000 in funding, POZI wants to connect 35,000 vehicles across ten African countries by 2030. This shows how big their plans are and how much they want to help improve transport and logistics in Africa.
It’s important to understand that venture capital money for African startups has dropped a lot in recent years. From $4.6 billion in 2022 down to $2.2 billion in 2024, and Central Africa only got a tiny part of that. So POZI’s success in securing €650,000 in its first international venture funding round is a big deal. It gives hope and shows that investors still see potential in startups from smaller markets like Gabon.
Expanding into Côte d’Ivoire is a smart move for POZI. The transport and logistics sector there is growing fast. By entering this market, POZI can build a stronger network of connected vehicles, which will help many businesses work better across the region.
What makes POZI special is how their system helps companies save money on vehicle repairs and downtime. Instead of guessing when a truck needs fixing, their telematics give clear data, helping managers make better decisions. This is especially useful in Africa, where road conditions and infrastructure can be challenging.
Since it started in 2020, POZI has worked with companies in oil and gas, construction, and logistics. Their technology is designed to handle the unique road and traffic issues in Africa. With the €650,000 raised, POZI will improve its platform, hire more people, and open offices to support customers in new countries.
Saviu Ventures, the main investor, does more than just give money. They help POZI find the right staff and build local partnerships. Together with EMSY Capital and Chazai Wamba, POZI now has a strong team behind it that believes in their mission.
The €650,000 POZI secured in its first funding round isn’t just good for the company; it also shows Gabonese startups can compete on a bigger stage. Gabon’s economy mostly depends on oil, but companies like POZI are opening the door to new technology businesses. This can encourage more founders to build startups that solve real problems.
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As Africa’s trade continues to grow, especially with the African Continental Free Trade Area (AfCFTA), better fleet management and logistics technology will be very important. POZI’s data-driven system can help companies across borders save money, work safer, and plan better. The data collected may also help countries improve roads and protect the environment in the long run.
In summary, POZI secured €650,000 in its first international venture funding round at just the right time. This money will help the startup reach new markets and show how African businesses can use smart technology. POZI is on track to change how transportation works in Africa, one vehicle at a time.
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