Spiro
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News
Battery Swapping Built Kenya’s Electric Motorcycle Market. Scaling It Is Another Story
Kenya’s battery swapping network has become one of the country’s biggest electric mobility success stories. Riders can replace depleted motorcycle…
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Startups
Spiro Secures $55M Additional Backing from Chinese Investor NewTrails Capital
Spiro, one of Africa’s leading electric motorcycle and battery-swapping companies has secured an additional $55 million equity investment from NewTrails…
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News
Spiro Wants More of Its Electric Motorcycles Built in Africa
Spiro’s plan to manufacture most of its electric vehicle components in Africa marks an important shift in the continent’s emerging…
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News
Spiro Appoints Former Indofast Energy Boss Anant Badjatya as Group CEO
Spiro, a leading African electric mobility company, has appointed former Indofast Energy CEO Anant Badjatya as its new Group Chief…
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News
Spiro Raises $215 Million as Investors Double Down on African EV Infrastructure
Electric mobility company Spiro has secured $215 million in fresh equity financing, providing one of the largest capital injections seen…
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Startups
Spiro Acquires UK Engineering Firm Coexlion to Build First African R&D Centre in Nairobi
Spiro has acquired UK-based engineering and design firm Coexlion for an undisclosed sum, with plans to establish its first African…
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News
Spiro Raises US$50 Million to Expand Battery-Swapping Network
Spiro, the continent’s leading electric mobility company, has successfully raised $50 million in debt financing to aggressively expand its battery-swapping…
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News
The Money Keeps Coming, Just Not for Everyone, as Clean Energy Firms Pull Ahead in Kenya’s Startup Race
Venture capital tends to carry a story about expansion. More deals, more founders, more ideas entering the market. Yet the…
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News
Spiro Raises Record $100M to Accelerate Electric Mobility Across Africa
Spiro, the African electric two-wheel transportation company, has announced a landmark $100 million investment round, marking the largest-ever single investment…
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News
Spiro Launches Africa’s First All-Women EV Assembly Line
Electric vehicle (EV) company Spiro has launched an all-women assembly line for motor and charger production. The company says this…
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Startups
Electric vehicle dealer Spiro taps $50m debt facility at Afreximbank
Spiro, the African electric vehicle company has signed a US$50 million debt facility with the African Export-Import Bank (Afreximbank). This…
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