Google, Speedinvest back Kenya's Leta, which uses AI to make logistics cheaper | TechCrunch
Briefly

African businesses face steep logistics costs that significantly inflate prices of necessities. Nairobi's Leta utilizes AI to enhance delivery efficiency and reduce expenses, raising $5 million in seed funding to expand its logistics platform. By integrating with existing business software, it automates dispatch strategies and optimizes delivery routes based on live data, enabling businesses to move goods faster and decrease reliance on cumbersome manual processes. Its technology supports operations across key African markets, aiming to cut logistics costs that comprise a substantial portion of product expenses on the continent.
Nairobi-based logistics startup Leta aims to reduce logistics costs in Africa, where businesses pay excessively high transport fees, leveraging AI technology for efficiency.
With 75% of product costs attributed to logistics in Africa, Leta’s AI platform optimizes delivery routes and helps businesses significantly reduce their operating costs.
By integrating with existing business systems, Leta allows for real-time tracking and decision-making, ensuring goods are moved faster and at lower costs across the continent.
Leta’s recent $5 million seed funding round will accelerate its solution's scaling across Africa, addressing high logistics costs and inefficient manual processes.
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