Ox Delivers East Africa Ltd raises £425k for electric truck logistics

Purpose-built electric trucks are the core of a transport-as-a-service model developed by Ox Delivers East Africa Ltd, which has raised an estimated £425k. The London-based company reached an estimated post-money valuation of £3.7m following the round.

Founded in 2024, the business targets smallholder farmers, local entrepreneurs, and businesses across East Africa and the broader Global South. These solutions aim to improve market access in regions with challenging road infrastructure by offering affordable and reliable logistics.

The firm is registered as a holding company and employed four people during the year ended 31 October 2025. This recent capital injection follows documentation filed in August (with an allotment date also in August).