Leta Closes $5M Seed Funding to Expand AI-Powered Logistics Across Africa

Nairobi-based logistics technology startup Leta has raised $5 million in seed funding, accelerating its mission to optimize goods transportation across Africa using artificial intelligence. The round was led by Speedinvest, with participation from Google’s Africa Investment Fund and Equator, signaling strong investor confidence in AI-driven supply chain solutions.

Founded in 2021, Leta tackles high logistics costs and inefficiencies, particularly in last-mile delivery. The platform integrates with enterprise systems to optimize fleet management, automating vehicle selection, loading strategies, and dispatch planning. Since its pre-seed round in 2022, Leta has expanded from 500,000 to 4.5 million deliveries, managing 7,400 vehicles across five African countries. The new funding will support further expansion into Africa and the Middle East.

Featured image: Credit: Leta

AI Insider

Discover the future of AI technology with "AI Insider" - your go-to platform for industry data, market insights, and groundbreaking AI news

Subscribe today for the latest news about the AI landscape