Deal Street

2024 African Venture Capital Report

Coming Soon

African Startup Funding Tracker

US$2,286,189,000+

*Data updated daily at 18:00 EAT

Cameroonian Logistics Startup Swyft Secures Pre-Seed Funding
Cameroonian Logistics Startup Swyft Secures Pre-Seed Funding

Swyft, a Cameroon-based logistics tech startup, has received a pre-seed investment from the University of Michigan International Investment Fund (IIF) to scale its B2B and B2C delivery services across Africa.

Founded in 2019, the IIF backs SMEs in emerging markets. Swyft, which specializes in first-to-last mile logistics, will use the funding to expand operations and enhance its tech platform.

“This partnership validates our mission to modernize African logistics,” said Franck Batchadji, Swyft’s CEO. The IIF praised Swyft’s potential to transform delivery services in Cameroon and beyond.