British International Investment (BII)
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The UK's development finance institution, investing in sustainable businesses across Africa and South Asia.
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Kenyan Electric Mobility Startup ARC Ride Secures $33.3 Million to Scale Battery-Swapping Infrastructure Across Africa
Tech In Africa - Sep 09, 2026
ARC Ride raised $33.3 million in a funding round to expand its battery-swapping network. The funding was led by Novastar Ventures and Norrsken22, with participation from several development finance institutions.
Novastar VenturesNorrsken22International Finance Corporation (IFC)Arc RideBritish International Investment (BII)
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