A Kenyan e-mobility startup focused on electric motorcycles and battery-swapping technology.
Arc Ride Secures $10 Million in Funding to Expand Electric Motorcycle Battery-Swapping Network Across Kenya
Arc Ride secured $10 million in debt financing from Mirova to expand its battery-swapping network. This investment marks Mirova's first entry into Africa's electric vehicle sector.
Kenyan EV startup Arc Ride secures $10M boost from French investor
Arc Ride secures $10 million in debt financing from Mirova to scale its battery-swapping network for electric motorcycles. Mirova's investment is the first from its Gigaton Fund into Africa's EV sector, indicating confidence in the continent's growing two-wheeler market.
