By
Dennis Musau
Technology Correspondent
Nation Media Group
Electric motorcycle company Spiro has raised $215 million (Sh27.8 billion) in fresh funding to expand its battery-swapping network, local manufacturing and enter new African markets.
With the new funding, Spiro plans to expand local production capabilities across vehicle manufacturing, battery-swapping infrastructure, maintenance services and technology development.
By
Dennis Musau
Technology Correspondent
Nation Media Group
Electric motorcycle company Spiro has raised $215 million (Sh27.8 billion) in fresh funding to expand its battery-swapping network, local manufacturing and enter new African markets.

Spiro raises $215 million as race for Africa's EV market heats up

African EV firm Spiro raises $215 million for electric mobility expansion

Africa’s largest electric mobility company Spiro raises 215 million, edges closer to unicorn status

Spiro acquires Coexlion and plans first African R&D centre in Kenya - electrive.com

Africa’s Electric Motorcycle Manufacturers Get Ready for the Next Phase as Adoption of Electric Motorcycles Accelerates - CleanTechnica

EV-maker Simple Energy raises Rs 250 crore, eyes IPO in FY28 second half - The Economic Times

👨🏿🚀TechCabal Daily – Spiro acquires Coexlion | TechCabal

Simple Energy raises Rs 250 crore in equity & debt

Post SME IPO, Maxvolt unveils $73 million bet on South India expansion, BESS and lithium recycling

Pakistan commuters switch to EV scooters as petrol prices soar

Spiro has raised $215 million in equity funding as it pushes deeper into a capital-intensive race to electrify urban transport.

African electric mobility company Spiro has raised $215 million in equity financing to expand its battery-swapping and electric…

Spiro said the acquisition would help it build most of its technology, design and manufacturing capability in-house and within…

Spiro, widely regarded as Africa’s largest electric mobility company, has raised $215 million in a new investment round as it…

African electric mobility company Spiro has acquired motorcycle engineering specialist Coexlion to strengthen product development…

Support CleanTechnica's work through a Substack subscription or on Stripe. I’ve been following the African electric motorcycle…