Peach Tech Raises $11M Series A to Scale its Used Car Marketplace in Kenya

Peach Tech, the Nairobi-founded startup behind Peach Cars, has raised $11 million in a Series A round led by Suzuki Global Ventures (SGV), the venture capital arm of Suzuki Motor Corporation, Japan’s leading automaker with.....

✨ Key Highlights

Peach Tech has successfully raised $11 million in a Series A funding round, with investment led by Suzuki Global Ventures. This funding aims to expand its used car marketplace, Peach Cars, throughout Kenya.

Investment led by Suzuki Global Ventures, enhancing presence in Africa's mobility sector.
Key figures: Mike Sarchet, Senior Director at SGV, and Kaoru Kaganoi, Founder and CEO of Peach.
Funding will support national expansion, enhance trust infrastructure, and develop innovative automotive services.

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