Mauritius-based transport startup Vite raises pre-seed funding round

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Summary

Mauritius-based mobility startup Vite has raised a pre-seed funding round from Oui Capital to launch full operations after a highly successful beta testing period. Vite is the first app-based mobility company in Mauritius, which has just concluded a beta testing period that saw more than 6,500 app downloads and 500 completed trips. The pre-seed funding round secured from Oui Capital, an early stage technology venture fund launched one year ago that invests in promising technology startups across Sub-Saharan Africa, is designed to provide Vite with the financial and operational support necessary to launch full operations on Mauritius Island. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions. He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.

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Amount - Total raised
Date January 30, 2020 Announcement date
Investors Oui Capital Lead investors
Company http://www.viteapp.co Funded company

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