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moves money Innovation Village | Technology, Product Reviews, Business October 15, 2026

Nithio backs Nigerian e-mobility platform MAX in $29 million Series B3 extension

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Clean energy fintech investor Nithio has injected an undisclosed amount of capital into MAX , a Nigerian electric mobility company, extending the startup’s Series B3 funding round to a total of $29 million. Founded in 2015 and headquartered in Lagos, MAX operates a comprehensive electric vehicle (EV) and battery subscription platform serving 20 cities across West and Central Africa. An Integrated Hardware and Software Ecosystem MAX targets the fragmented African commercial transport sector by pr

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