Alitheia Capital, Goodwell Investments Visit MAX Ibadan Facility

MAX, Africa’s leading mobility tech platform, recently received Alitheia Capital and Goodwell Investments to its state-of-the-art facility in Ibadan during its annual investee company meetup.

The visit highlights the ongoing collaboration between MAX, Alitheia Capital and Goodwell Investments, as these companies work towards accelerating the future of sustainable mobility in Africa. 

Speaking during the visit, Co-founder at MAX, Chinedu Azodoh,said: “We are thrilled to host Alitheia Capital and demonstrate how our Ibadan facility is at the forefront of our mission to revolutionize mobility across Africa. Investors like Alitheia have been instrumental in enabling us to expand our operations, and we are excited about the future opportunities this collaboration presents.” 

Alitheia Capital and Goodwell Investments, are foremost impact investment firms in Africa, and have been critical aspects of MAX’s growth journey, fueling MAX’s expansion across the continent, as the company ramps up production capacity, enhances its infrastructure for electric vehicle adoption, and creates local jobs. 

Co-founder and Managing Partner at Alitheia Capital, Tokunboh Ishmael, said: “MAX is a visionary company, addressing some of Africa’s most pressing transportation challenges with innovative and sustainable solutions. Our visit to the Ibadan facility showcases the potential of MAX, and we are confident that with continued investment, MAX will be able to scale its impact even further across Africa, creating lasting economic, environmental, and social value.” 

CEO of Goodwell Investments, Els Boerhof,  stated:  “Our investment in MAX, alongside Alitheia, reflects our confidence in MAX’s ability to revolutionize transportation across Africa while fostering inclusive economic growth. By providing cleaner, more efficient mobility solutions, MAX is not only transforming the future of transportation but also creating countless opportunities for drivers, entrepreneurs, and communities. We are proud to be part of this journey and look forward to seeing MAX’s continued impact on sustainable mobility and empowerment across the continent.”