Spiro secures another $55 million three weeks after $215 million raise
- Spiro secured an additional $55 million equity investment from NewTrails Capital.
- The total funding raised by Spiro now stands at $557 million.
- Spiro announced a record $215 million equity raise earlier this month.
TechTrendsKE - Jun 22, 2026
Spiro Secures $55M Additional Backing from Chinese Investor NewTrails Capital
Spiro, a leading electric motorcycle and battery-swapping company in Africa, has secured an addition
Spiro's recent funding and leadership changes position it strongly for growth in the electric mobility sector in Africa. The strategic partnership with NewTrails Capital could enhance its operational capabilities and market reach, but it will be crucial to monitor how effectively Spiro can leverage this investment to scale its infrastructure and compete in a rapidly evolving market.
