Michanic
Michanic is an on-demand auto mechanic platform that allows users to book car services or repairs conveniently.
Location: South Africa
Website: https://www.michanic.co.za/
Sector: Logistics
Funding Stage: Debt, Grant,
Total Funding ($m): 0.505
# of Founders: 1
Founding Year: 2018
Funding Year: 2024
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2022 | $0.4m | Debt | Multichoice |
| 2024 | $0.105m | Grant | DeveloPPP Ventures (by German Federal Ministry for Economic Cooperation and Development (BMZ)) |
Debt $0.4m
MultichoiceGrant $0.105m
DeveloPPP Ventures (by German Federal Ministry for Economic Cooperation and Development (BMZ))News
https://vc4a.com/blog/2024/12/12/developpp-ventures-selects-9-start-ups-in-nigeria-and-south-africa/