Zimi secures $3.1 million investment led by the Development Bank of Southern Africa
South African e-mobility pioneer Zimi, an innovative technology provider building a comprehensive electric vehicle (EV) ecosystem tailored for commercial fleets, has officially closed an R50 million ($3.1 million USD) capital injection. The funding round was anchored and led by the Development Bank of Southern Africa (DBSA), marking a significant institutional milestone for the country’s transition toward clean logistics. The capital will be used to scale Zimi’s asset and charging infrastructure