| Date | Title | Description |
| 21.04.2025 | Lori Systems raises at $5 million valuation, tweaks business model | Lori Systems, the Google-backed Kenyan logistics startup, raised $2 million at a steeply discounted $5 million valuation in 2024. The logistics startup, once valued at about $120 million, saw its valuation slashed to $5 million in the lates... |
| 04.04.2024 | Roam and Mogo Partner to Accelerate the Adoption of Electric Motorcycles in Kenya | Share this:
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| 19.06.2023 | Africa’s next leap forward (part 1): Agrifoodtech startups to watch, from Cupmena to Aerobotics | Editor’s note: Bioengineer and microbiologist Saron Berhane is an independent consultant and was the cofounder of Australian agtech startup BioScout.
The views expressed in this guest article are the author’s own and do not necessarily repr... |
| 16.08.2022 | Google’s third bet from its Africa Investment Fund is in logistics company Lori Systems | Lori Systems, an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other... |
| 16.08.2022 | African logistics company Lori Systems raises pre-Series B funding from Google | Image Source : Lori Systems
Lori Systems, an African digital logistics company, has recently secured an undisclosed amount of investment from Google, the third such investment by Google on the continent. The two companies Google had previou... |
| 16.08.2022 | Google Invests in Lori Systems | Lori Systems, a Nairobi, Kenya-based e-logistics company digitizing haulage and providing shippers with solutions to efficiently manage their cargo and transporters, received an investment from Google.
The amount of the deal was not disclos... |
| 06.09.2021 | Kibanda TopUp aims to boost the long-term resilience of Africa’s food vendors | Editor’s note: This is the first story from AFN Africa. Our coverage of Africa’s emerging agrifoodtech sector is supported by Dutch development bank FMO.
Growing up in Zambia’s capital Lusaka, Njavwa Mutambo witnessed first-hand the trouble... |
| 03.06.2021 | Kenya-based startup, Kibanda TopUp, raises $460k pre-seed | Share this article:
Kibanda TopUp, a Kenyan startup which aims at digitising the food supply chain for micro, small, and medium restaurants in Africa has closed a $460k pre-seed round to increase its customer base.
The round was led by US-b... |
| 12.11.2020 | New partnership to expand e-logistics technology solutions across Africa | In a reported first of its kind on the African continent, Imperial, a company focused on providing integrated market access and logistics solutions have announced an investment in and partnership with Lori Systems to allow the expansion of ... |
| 12.11.2020 | New partnership to expand e-logistics technology solutions across Africa | In a reported first of its kind on the African continent, Imperial, a company focused on providing integrated market access and logistics solutions have announced an investment in and partnership with Lori Systems to allow the expansion of ... |
| 18.06.2020 | Lori Systems, Twiga Foods included on WEF’s 100 New Technology Pioneers list | Kenyan tech startups Lori Systems and Twiga Foods have been included on the World Economic Forum’s (WEF) 2020 Technology Pioneers list which includes 100 tech firms from around the world.
WEF unveiled the list in a statement on Tuesday (16... |
| 18.06.2020 | Lori Systems, Twiga Foods included on WEF’s 100 New Technology Pioneers list | Kenyan tech startups Lori Systems and Twiga Foods have been included on the World Economic Forum’s (WEF) 2020 Technology Pioneers list which includes 100 tech firms from around the world.
WEF unveiled the list in a statement on Tuesday (1... |
| 20.05.2020 | Bullish On Africa: The case for a long-term view | “Unprecedented” might go down in history as the most used word in Q1 2020 but since, we brought together some of the best minds in the ecosystem for the “Bullish on Africa” conference, we have to use it once again.
On May 15, 2020, at 12 pm... |
| 07.04.2020 | Kenyan logistics platform Amitruck gains investment from GreenTec Capital | Share this:
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| 03.01.2020 | African Startups that Received Funding above $20Million in 2019 | Capital is the power nerve and brain box of every venture. It determines the lifespan of the venture and helps the business scale its market power to compete favorably with other startups in the market. In this piece, we take a cursory look... |
| 12.11.2019 | Here’s who won at the 2019 AppsAfrica Innovation Awards | The 2019 edition of the AppsAfrica Innovation Awards were held last night in Cape Town with 14 winners from across the continent scooping accolades.
The awards aim to showcase the best mobile and tech services launched across the continent... |
| 12.11.2019 | Here’s who won at the 2019 AppsAfrica Innovation Awards | The 2019 edition of the AppsAfrica Innovation Awards were held last night in Cape Town with 14 winners from across the continent scooping accolades.
The awards aim to showcase the best mobile and tech services launched across the continent,... |
| 12.11.2019 | Lori Systems, a logistics startup headed by SA man, nets ‘undisclosed’ Series-A round | Lori Systems — a Nairobi-based logistics startup started by a South African, Kenyan and Togolese — has secured a Series-A round led by Asian private equity firm Hillhouse Capital and Beijing-based Crystal Stream Capital.
Lori System’s tech-... |
| 12.11.2019 | Lori Systems, a logistics startup headed by SA man, nets ‘undisclosed’ Series-A round | Lori Systems — a Nairobi-based logistics startup started by a South African, Kenyan and Togolese — has secured a Series-A round led by Asian private equity firm Hillhouse Capital and Beijing-based Crystal Stream Capital.
Lori System’s tech... |
| 11.11.2019 | AppsAfrica Award Winners announced in Cape Town | Share this:
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| 08.11.2019 | African logistics startup Lori Systems raises Series A led by Chinese investors | African on-demand trucking logistics company Lori Systems has raised a Series A round led by Chinese investors Hillhouse Capital and Crystal Stream Capital.
Other participating investors included Nigeria and U.S.-based EchoVC, Flexport CEO ... |
| 08.11.2019 | African logistics platform Lori closes nearly $30m led by Hillhouse, Crystal Stream | Premium
Lori Systems, an African logistics platform that connects cargo owners with truck fleets, has secured nearly $30 million in a Series A round of financing led by Hillhouse Capital Group and China’s Crystal Stream Capital.
Continue re... |
| 09.10.2019 | AppsAfrica Innovation Awards Finalists Announced | Share this:
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| 03.10.2019 | Infographic: The 120 tech companies that operate in Africa’s logistics sector | A new report based on data gathered in the second and third quarter of the year has identified 120 tech companies that operate in Africa’s logistics sector.
The report, titled Digitising Logistics in Africa, is based on a study conducted by... |
| 03.10.2019 | Infographic: The 120 tech companies that operate in Africa’s logistics sector | A new report based on data gathered in the second and third quarter of the year has identified 120 tech companies that operate in Africa’s logistics sector.
The report, titled Digitising Logistics in Africa, is based on a study conducted b... |
| 30.09.2019 | Lori Systems officially announces Nigeria expansion | Lori Systems, a Kenya-based logistics startup is formally announcing its expansion into Nigeria, Chief Operating Officer Uche Ogboi, told TechCabal.
Ogboi spoke to TechCabal on the sidelines of the TCMobility Townhall last Friday. Ogboi, wh... |
| 19.12.2018 | Endeavor selects eight African entrepreneurs to join organisation | Endeavor, a non-profit organisation that supports high-impact entrepreneurs around the world, has selected eight African entrepreneurs to join the prestiguous organisation.
The selection was made at Endeavor’s 84th International Selection P... |
| 19.12.2018 | Endeavor selects eight African entrepreneurs to join organisation | Endeavor, a non-profit organisation that supports high-impact entrepreneurs around the world, has selected eight African entrepreneurs to join the prestiguous organisation.
The selection was made at Endeavor’s 84th International Selection ... |
| 06.09.2018 | Lori Systems is launching a service with the Kenyan government for last-mile haulage from railroads | For Lori Systems chief executive and co-founder Josh Sandler, deals like the one between his company and the Kenyan government to solve last-mile solutions around the national railroad are about far more than just logistics.
Sandler, whose ... |
| 05.09.2018 | Announcing Startup Battlefield at Disrupt SF 2018 | Every year, TechCrunch chooses an elite cohort of startups to compete in Startup Battlefield — TechCrunch’s premier global startup launch competition. This year’s selection was the most competitive in Startup Battlefield history and we’re e... |
| 14.11.2017 | Africa Roundup: Lori Systems wins BFX Africa, Andela raises $40M, Jumia lends to SMEs, Safaricom launches incubator | Jake Bright Contributor
Jake Bright is a writer and author in New York City. He is co-author of The Next Africa.
More posts by this contributor
African fintech startup Chipper Cash raises $30M backed by Jeff Bezos
Nigeria’s Autochek raises ... |
| 13.10.2017 | Kenyan startup Lori Systems wins TechCrunch Battlefield Africa | Nairobi-based logistics platform Lori Systems won the inaugural edition of TechCrunch Startup Battlefield Africa which was held in Nairobi, Kenya on Wednesday.
The Kenyan startup came first in the productivity and utility category and was s... |
| 13.10.2017 | Kenyan startup Lori Systems wins TechCrunch Battlefield Africa | Nairobi-based logistics platform Lori Systems won the inaugural edition of TechCrunch Startup Battlefield Africa which was held in Nairobi, Kenya on Wednesday.
The Kenyan startup came first in the productivity and utility category and was ... |
| 11.10.2017 | Kenyan startup, Lori Systems wins $25,000 at the first TechCrunch Startup Battlefield Africa | Share this article:
Earlier this year, the first ever edition of TechCrunch Startup Battlefield Africa was announced. Among many applications, 15 African companies were selected from the following categories:
Productivity and Utility: WeCas... |
| 11.10.2017 | Lori Systems wins Best of Show at Startup Battlefield Africa | At the very beginning, there were 15 startups coming from all around Africa. After an incredibly fierce competition in Nairobi, Kenya, here are the winners of TechCrunch’s first ever Startup Battlefield Africa.
Startups participating in the... |
| 09.10.2017 | These are the 15 startups participating in Startup Battlefield Africa | On Wednesday, October 11 at 9:00 AM EAT in Nairobi, Kenya, the first Startup Battlefield Africa kicks off and is available for viewing with this livestream. TechCrunch is honored to host this event and here’s the startups presenting at the ... |
| - | African Startups that Received Funding above $20Million in 2019 | Capital is the power nerve and brain box of every venture. It determines the lifespan of the venture and helps the business scale its market power to compete favorably with other startups in the market. In this piece, we take a cursory look... |
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| - | Lori Heinel oversees $3.5 trillion as investment chief for State Street Global Advisors. She told us where she's starting to put her historically large cash holdings to work. | Lori Heinel has cash to deploy, but is watching for 3 signs from the economy before she dives in. State Street Global Advisors This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
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