A climate fintech company providing debt financing solutions for sustainable energy projects.
Nigerian E-Mobility Startup MAX Secures Nithio Funding, Raises Series B3 Round to $29 Million
MAX secured $29 million in Series B3 funding from Nithio to accelerate its expansion in Africa. The investment will help MAX provide affordable and environmentally friendly transportation solutions.
EV Startup Spiro Secures $50 Million to Scale Its Operations in Africa
Spiro secured $50 million in debt financing to scale its operations. The funding comes from a consortium including Afreximbank, Nithio, and Africa Go Green Fund.
EV Startups Spiro and ARC Ride Raise New Capital As Electric Motorcycles Sees Growth
Spiro secured a $7 million senior debt facility from climate fintech Nithio. ARC Ride is attracting a $5 million equity investment from the International Finance Corporation (IFC).
