Digital freight startup MVX raises US$1.3m seed round to fasten its service delivery

NIGERIA – MVX, digital freight and hauling company, has announced that it has raised a US$1.3 million seed round to step up its efforts to help shippers move their cargo faster. The company said it raised money for its seed round from Africa-focused firms Kepple Africa, The Continent Venture Partners, Founders Factory, Launch Africa, and Capital Oak. Some angel investors in the U.S, Japan, Nigeria, and South Africa also participated. “I decided to figure out how to solve that problem of finding vessels because there were too many intermediaries, which…

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