Arc Ride Raises $33.3m to Expand Battery-Swapping Network Across Africa

Kenya's ARC Ride Raises USD 33.3 M To Scale Electric Mobility Across Africa

Kenya-based ARC Ride has raised USD 33.3 M to expand its battery-swapping network, electric motorcycle fleet and mobility infrastructure across Africa.

Arc Ride raises $33.3m to expand battery-swapping network across Africa

Kenyan electric mobility company Arc Ride has successfully raised $33.3 million in funding, with Novastar Ventures and Norrsken22…

Arc Ride Raises $33.3M To Scale Battery-as-a-Service Model Across Sub-Saharan Africa

Kenyan electric mobility startup Arc Ride has raised $33.3 million in a funding round led by Novastar Ventures and Norrsken22 as it prepares to expand its battery-swapping network across sub-Saharan Africa. The Nairobi-based startup will use the capital to add more electric motorcycles, build out its battery infrastructure and expand into new markets, including South […]

African EV Startup ARC Ride Raises $33 Million to Expand Battery-Swapping Network

The Nairobi-based company will use the funding to add motorcycles, build swap stations and enter four new countries

ARC Ride has raised $33.3 million in new financing

ARC Ride, an electric mobility platform, has raised $33.3 million in new financing. The company will use the money to expand its battery swapping network and electric transport services across Africa.