Battery Startups in Africa
Overview Powered by AI
Battery market in East Africa facing intense competition. Local players like ABM struggling against imports from Asia. Local manufacturing lacks scale and cost competitiveness. Sector consolidation expected as smaller players seek alliances or exit.
Cummulative Funding
$22.4M+
Total # of Companies
3
Total Deal Count
8
Total M&A Count
0
Total # of Investors
9
List of Battery startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
ARC Ride is providing the electric solution to mass-transportation in rapidly-growing African cities. | Debt Financing | $ 15,000,000 | 2020 | |
Associated Battery Manufacturers East Africa is the only largest battery and solar-power manufacturer in Kenya | Funding Round | $ 7,200,000 | 1963 | |
enee.io increases access to reliable and affordable energy by improving the life and efficiency of energy systems. | Seed | $ 250,000 | 2019 |
Founded
2020
Overview
ARC Ride is providing the electric solution to mass-transportation in rapidly-growing African cities.
Last round
Debt Financing
Total raised
$ 15,000,000
Employee
11-50
Founded
1963
Overview
Associated Battery Manufacturers East Africa is the only largest battery and solar-power manufacturer in Kenya
Last round
Funding Round
Total raised
$ 7,200,000
Employee
501-1000
Founded
2019
Overview
enee.io increases access to reliable and affordable energy by improving the life and efficiency of energy systems.
Last round
Seed
Total raised
$ 250,000
Employee
2-10