We are a company with a large network of seasoned technicians available for all your vehicle Repair and Maintenance needs.
Location: Nigeria, Lagos State, Yaba
Employees: 201-500
Total raised: $4.55M
Founded date: 2021
Investors 6
| Date | Name | Website |
| - | HoaQ | hoaq.co |
| - | Acuity VC | acuityvc.c... |
| - | Ingressive... | ingressive... |
| 29.08.2021 | Y Combinat... | ycombinato... |
| - | Cathexis V... | cathexis.v... |
| - | Tofino Cap... | tofinocap.... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 19.09.2023 | Seed | $2.4M | - |
| 09.02.2022 | Seed | $2.15M | Ingressive... |
Mentions in press and media 13
| Date | Title | Description |
| 19.09.2023 | Mecho Autotech, based in Nigeria, has raised $2.4 million in pre-Series A funding | Mecho Autotech, a Nigerian company that offers high-quality auto components as well as car maintenance and repair services, has closed a US$2.4 million pre-Series A funding round in order to launch a B2B distribution platform for aftermarke... |
| 18.09.2023 | Nigeria’s Mecho Autotech raised $2.4 M Pre-Series A funding for B2B distribution platform | Nigeria’s Mecho Autotech has closed a US $2.4 million pre-Series A funding round to start a B2B distribution platform for aftermarket spare parts. Mecho Autotech offers high-quality automotive spare parts as well as vehicle repairs and main... |
| 14.09.2023 | Mecho Autotech raises $2.4M, ventures into wholesale spare parts distribution | Mecho Autotech, a startup offering automotive spare parts, vehicle repairs and maintenance services, has raised a $2.4 million pre-Series A round. The firm targets the Nigerian market, where 90% of the country’s more than 12 million registe... |
| 14.09.2023 | Mecho Autotech raises $2.4 million to disrupt Nigerian $10 billion spare parts market | Nigeria, Africa’s largest economy, relies heavily on imported spare parts to keep its growing automotive sector running. A recent report from a reputable media outlet found that Nigeria spends a staggering $10 billion annually on imported v... |
| 14.09.2023 | Nigerian Startup Mecho Autotech raises $2.4 million in pre-Series A round | Mecho Autotech, a Nigerian startup that provides quality automotive spare parts, vehicle repairs and maintenance services has raised $2.4 million. Mecho Autotech, a Nigerian startup that provides quality automotive spare parts, vehicle repa... |
| 03.05.2023 | Mecho Autotech to launch version 2.0 of vehicle management app and new automotive spare parts marketplace in 3Q | This latest version of Mecho’s flagship product will provide even more flexible features and financing options, helping corporate fleet owners and individuals streamline the auto repairs and maintenance process. LAGOS, NIGERIA – EQS Newswir... |
| 29.09.2022 | How OFM intends to build Africa’s largest car inventory database and management system | Otunba Fawaz Motors (OFM) is a Nigerian B2B digital inventory database and management system of used cars which helps dealers, merchants, and middlemen in the African automotive industry better coordinate sales and make business easier. Fou... |
| 16.03.2022 | A fantastic February for African tech: Here’s what matters | After a dazzling January debut that saw Africa-focused tech startups raise over $430 million from roughly 60 announced deals, fundraising in February was similarly feverish. The shortest month of the year witnessed approximately 60 announce... |
| 10.02.2022 | How to crowdfund your wedding | Share this article: In 2016, 120,000 BTC was stolen from Bitfinex, a crypto exchange registered in the British Virgin Islands. At the time, the loot was worth about $76 million, but now it’s worth well over $4 billion. The good news is the ... |
| 09.02.2022 | Nigeria’s Mecho Autotech secures $2.15m seed to expand its vehicle maintenance services | Regular vehicle maintenance is not commonplace in Nigeria, despite the fact that around 90% of the over 12 million cars on roads are used vehicles. Even in instances where car owners are open to constant checks, existing service providers, ... |
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