CarZar gets $1.5m push from Vostok New Ventures

09 May 2017
South Africa-based auto startup CarZar has raised $1.5 million from Swedish investment firm Vostok New Ventures to advance techonlogy, boost marketing and expand its team.

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Adegoke Seun

Adegoke Seun has packed nine years experience in online journalism covering Business for EXCEED OMNI Media, AgroNigeria and Ventures Africa. He is a journalist, media entrepreneur and founder of, a leading entrepreneurship news and magazine site focused on Africa. He is committed to reporting startup trends, funding, business development and lifestyle. Reputed as a small and medium enterprise industry enabler, he advocates entrepreneurship development on the continent and conducts industry research to bridge knowledge gap. He is our West Africa analyst covering major markets like Nigeria, Senegal and Ghana.