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Mecho Autotech raises $2.4M, ventures into wholesale spare parts distribution

From TechCrunch

By Tage Kene-Okafor

September 14, 2023

Mecho Autotech raises $2.4M, ventures into wholesale spare parts distribution

Mecho Autotech, a startup offering automotive spare parts, vehicle repairs and maintenance services, has raised a $2.4 million pre-Series A round. The firm targets the Nigerian market, where 90% of the country’s more than 12 million registered cars (mainly used) require regular maintenance to avoid recurring breakdowns. Its primary business connects vehicle owners (individuals and […]

Most Recent

Colossal Biosciences reportedly in talks to raise new capital at $20B–$30B valuation

Colossal Biosciences reportedly in talks to raise new capital at $20B–$30B valuation

The de-extinction startup is looking to double or triple its previous valuation, according to the report.

Jul 20, 2026

Natural raises $30M to reinvent payments for AI agents — and take on Stripe

Natural raises $30M to reinvent payments for AI agents — and take on Stripe

The one-year-old startup aims to reinvent financial architecture for autonomous AI transactions.

Jul 20, 2026

Inference startup Infinity raises $15M from Touring Capital, OpenAI and Anthropic researchers

Inference startup Infinity raises $15M from Touring Capital, OpenAI and Anthropic researchers

AI infrastructure company Infinity announced Monday a $15 million raise at a $100 million valuation from investors including Touring Capital, Principal VC, and researchers from companies such as OpenAI and Anthropic.

Jul 20, 2026

StrictlyVC returns to New York City September 10 to celebrate a huge year for the city’s startup community

StrictlyVC returns to New York City September 10 to celebrate a huge year for the city’s startup community

For the first time since 2024, StrictlyVC is coming back to New York City — and we're bringing the kind of access you’d expect from an under-wraps event to the whole startup, VC, and dealmaking community.

Jul 20, 2026

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Mecanizou, now with $14.5M, plans to expand auto parts marketplace in São Paulo

Mecanizou, now with $14.5M, plans to expand auto parts marketplace in São Paulo

Mecanizou provides auto parts and the price following input of a car's basic information. Mechanics can purchase the parts in one click and receive the parts in one hour.

Mar 21, 2023

UVeye’s ‘MRI for cars’ system lands startup $100M from GM, CarMax

UVeye’s ‘MRI for cars’ system lands startup $100M from GM, CarMax

UVeye’s automated vehicle inspection technology may have started out as a system to detect security threats, but the six-year-old Israeli startup has found deep interest and investment from the automotive sector. The company, which uses a combination of computer vision and machine learning to create a system that can quickly and accurately inspect vehicles, has […]

May 9, 2023

Tingit is building a marketplace for ‘zero-effort’ repairs, starting with fashion

Tingit is building a marketplace for ‘zero-effort’ repairs, starting with fashion

Do you have a much-loved jacket with a torn sleeve or pair of grubby kicks gathering dust at the back of your closet? Tingit, a startup out of Lithuania, wants to help people restore their used clothing to their former glory with its newly launched repairs marketplace. The platform lets you use your phone to snap and upload a quick video of distressed items to get a quote for repair or restoration. If you’re happy with the quote, you can pay through Tingit’s app and then mail your stuff to the

Aug 23, 2024

Yelp just spent $80M on a site for car repair estimates

Yelp just spent $80M on a site for car repair estimates

Yelp, which made a name for itself giving restaurant recs, just bought an auto services website. In the company’s earnings report on Thursday, Yelp revealed that it agreed to buy RepairPal, a site for car repair estimates, for $80 million in cash. The acquisition is expected to close by the end of the year, subject to customary closing conditions. “We believe RepairPal will accelerate our broader services efforts by expanding our offerings in the multi-billion dollar U.S. auto services advertis

Nov 7, 2024

Most Recent

Colossal Biosciences reportedly in talks to raise new capital at $20B–$30B valuation

Colossal Biosciences reportedly in talks to raise new capital at $20B–$30B valuation

The de-extinction startup is looking to double or triple its previous valuation, according to the report.

Jul 20, 2026

Natural raises $30M to reinvent payments for AI agents — and take on Stripe

Natural raises $30M to reinvent payments for AI agents — and take on Stripe

The one-year-old startup aims to reinvent financial architecture for autonomous AI transactions.

Jul 20, 2026

Inference startup Infinity raises $15M from Touring Capital, OpenAI and Anthropic researchers

Inference startup Infinity raises $15M from Touring Capital, OpenAI and Anthropic researchers

AI infrastructure company Infinity announced Monday a $15 million raise at a $100 million valuation from investors including Touring Capital, Principal VC, and researchers from companies such as OpenAI and Anthropic.

Jul 20, 2026

StrictlyVC returns to New York City September 10 to celebrate a huge year for the city’s startup community

StrictlyVC returns to New York City September 10 to celebrate a huge year for the city’s startup community

For the first time since 2024, StrictlyVC is coming back to New York City — and we're bringing the kind of access you’d expect from an under-wraps event to the whole startup, VC, and dealmaking community.

Jul 20, 2026

Similar Posts

Mecanizou, now with $14.5M, plans to expand auto parts marketplace in São Paulo

Mecanizou, now with $14.5M, plans to expand auto parts marketplace in São Paulo

Mecanizou provides auto parts and the price following input of a car's basic information. Mechanics can purchase the parts in one click and receive the parts in one hour.

Mar 21, 2023

UVeye’s ‘MRI for cars’ system lands startup $100M from GM, CarMax

UVeye’s ‘MRI for cars’ system lands startup $100M from GM, CarMax

UVeye’s automated vehicle inspection technology may have started out as a system to detect security threats, but the six-year-old Israeli startup has found deep interest and investment from the automotive sector. The company, which uses a combination of computer vision and machine learning to create a system that can quickly and accurately inspect vehicles, has […]

May 9, 2023

Tingit is building a marketplace for ‘zero-effort’ repairs, starting with fashion

Tingit is building a marketplace for ‘zero-effort’ repairs, starting with fashion

Do you have a much-loved jacket with a torn sleeve or pair of grubby kicks gathering dust at the back of your closet? Tingit, a startup out of Lithuania, wants to help people restore their used clothing to their former glory with its newly launched repairs marketplace. The platform lets you use your phone to snap and upload a quick video of distressed items to get a quote for repair or restoration. If you’re happy with the quote, you can pay through Tingit’s app and then mail your stuff to the

Aug 23, 2024

Yelp just spent $80M on a site for car repair estimates

Yelp just spent $80M on a site for car repair estimates

Yelp, which made a name for itself giving restaurant recs, just bought an auto services website. In the company’s earnings report on Thursday, Yelp revealed that it agreed to buy RepairPal, a site for car repair estimates, for $80 million in cash. The acquisition is expected to close by the end of the year, subject to customary closing conditions. “We believe RepairPal will accelerate our broader services efforts by expanding our offerings in the multi-billion dollar U.S. auto services advertis

Nov 7, 2024