Arc Ride Secures $10 Million in Funding to Expand Electric Motorcycle Battery-Swapping Network Across Kenya
Tech In Africa - Sep 23, 2025
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
Techpoint Africa - Sep 23, 2025
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.
Mirova Gigaton Fund Hits $282M for Emerging Market Clean Energy
Tech In Africa - Feb 08, 2024
Mirova's Gigaton Fund has raised $282 million in pledges, reaching over half of its $500 million target. The fund focuses on financing clean energy projects in developing nations, with a focus on sectors such as solar energy and electric mobility.