Kenya’s Leta Lands New Investment To Expand AI Logistics Platform

Nairobi-based logistics tech startup Leta has secured fresh strategic backing from Waarde Capital, joining a high-profile investor lineup that includes Speedinvest, Equator, and Google’s Africa Investment Fund. While the amount was undisclosed, the backing marks continued momentum after Leta’s USD 5 M seed round in March.

Founded by Nick Joshi in 2021, Leta is tackling one of Africa’s biggest cost burdens: logistics, which can make up as much as 80% of product prices. The startup’s AI-powered platform plugs into ERP and order systems to optimise routes, automate dispatching, and track freight in real-time, without requiring businesses to own fleets.

Since launching, Leta has scaled deliveries from 20,000 to 150,000 tons, grown its fleet from 2,000 to 7,400 vehicles, and now operates in seven markets, including Kenya, Ghana, Nigeria, and Uganda. Clients include KFC, Diageo, and EABL, with the platform powering over 4.5 million deliveries.

Waarde Capital, known for logistics bets in other emerging markets, sees Leta as “building the critical infrastructure layer for freight movement in Africa.” Leta is also testing embedded finance tools like fuel cards and vehicle financing, signaling a broader play in supply chain services.