MAX.NG
OperatingMAX (Metro Africa Xpress) is an integrated electric vehicle and battery subscription platform for commercial drivers in West and Central Africa.
- Delivery
- Lagos, Nigeria
- Series B
- Founded 2015
- maxdrive.ai ↗
- Total raised
- $96.2M
- disclosed
- Last round
- Series B
- Rounds
- 13
- since 2015
- Investors
- 19
- on record
- Employees
- 11-50
About MAX.NG
MAX (Metro Africa Xpress) describes itself as Africa's first integrated electric vehicle and battery subscription platform. Founded in 2015 and headquartered in Lagos, Nigeria, it started as a motorcycle delivery and motorcycle-taxi hailing business and has evolved into an electric mobility platform.
MAX combines OEM vehicle and battery partnerships (including Spiro and NOVR, and TailG and Kofa in Ghana), solar-PV powered charging and battery-swapping infrastructure, IoT-enabled fleet management, digital payments and financing. Through daily subscription pricing with zero upfront cost, commercial transport operators ("MAX Champions") get access to income-generating electric two- and three-wheelers bundled with insurance, maintenance and training.
As of October 2026 the company reports supporting more than 60,000 Champions, facilitating over 1 billion trips and operating in 20 cities across Nigeria, Ghana and Cameroon. These figures are company-reported.
MAX.NG funding13 rounds
All 13 rounds →MAX.NG has raised $96.2M across 13 disclosed rounds. The latest is a Series B announced 12 Oct 2026.
- $100KConvertible NoteConvertible Note, $100K, $100K raised to date
- $1MVentureVenture, $1M, $1.1M raised to date
- $7MVentureVenture, $7M, $8.1M raised to date
- $100KVentureVenture, $100K, $8.2M raised to date
- $1MDebt FinancingDebt Financing, $1M, $9.2M raised to date
- $31MSeries BSeries B, $31M, $40.2M raised to date
- $24MVentureVenture, $24M, $64.2M raised to date
- $24MVentureVenture, $24M, $88.2M raised to date
- $8MDebt FinancingDebt Financing, $8M, $96.2M raised to date
SLA Funding Index · grey is capital raised before each round · 4 undisclosed rounds not drawn
Who has invested in MAX.NG
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 12 Oct 2026 | MAX.NG Series B | Nithio Holdings | Not disclosed |
| 13 May 2026 | MAX.NG Debt Financing | Triple Jump | $8M |
| 16 Jan 2026 | MAX.NG Debt Financing | Energy Entrepreneurs Growth Fund | Not disclosed |
| 16 Jan 2026 | MAX.NG Venture | Novastar Ventures +2 | $24M |
| 25 Feb 2022 | MAX.NG Venture | Not disclosed | $24M |
| 19 Dec 2021 | MAX.NG Series B | Lightrock +3 | $31M |
| 29 Sep 2020 | MAX.NG Debt Financing | Not disclosed | $1M |
| 08 Jun 2020 | MAX.NG Venture | Harambe Entrepreneur Alliance | $100K |
| 14 Jun 2019 | MAX.NG Venture | Novastar Ventures +4 | $7M |
| 30 Aug 2017 | MAX.NG Non-equity Assistance | XL Africa | Not disclosed |
| 29 Mar 2016 | MAX.NG Venture | Not disclosed | $1M |
| 29 Sep 2015 | MAX.NG Convertible Note | Amadeo Brenninkmeijer +1 | $100K |
| 21 Sep 2015 | MAX.NG Seed | Techstars +1 | Not disclosed |
MAX.NG founders & team
- Adetayo BamiduroCo Founder
- Chinedu AzodohCTO
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Frequently asked about MAX.NG
- Where is MAX.NG based and when was it founded?
- MAX.NG is headquartered in Lagos, Nigeria and was founded in 2015.
- Who founded MAX.NG?
- MAX.NG was founded by Adetayo Bamiduro (Co Founder).
- How much funding has MAX.NG raised?
- MAX.NG has raised $96M across 13 disclosed rounds. Its latest, a Series B, was announced on Oct 12, 2026.
- Who has invested in MAX.NG?
- Backers include Nithio Holdings, Triple Jump, Energy Entrepreneurs Growth Fund, Novastar Ventures and 15 others.
- What sector is MAX.NG in?
- MAX.NG operates in Delivery, Transportation and Supply Chain Management.
