Spiro has secured an additional $55 million equity investment from Chinese early-stage investor NewTrails Capital, bringing a funding round announced earlier this month to $270 million.

Spiro has secured an additional $55 million equity investment from Chinese early-stage investor NewTrails Capital, bringing a funding round announced earlier this month to $270…

Spiro has taken $55M from Chinese investor NewTrails Capital, lifting its disclosed funding past $550M as it nears a $1bn valuation.

The electric motorcycle company plans to deepen local manufacturing and expand its battery-swapping network across new African markets.