E-Mobility Startups in Africa

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E-Mobility in Africa: Hype vs. Reality: Local leaders are cautiously optimistic about e-mobility, but infrastructure and affordability remain major challenges. Government initiatives and partnerships are crucial for growth. Watch for innovative solutions like swapping and leasing models to drive adoption.

Cummulative Funding

$6.2M+

Total # of Companies

3

Total Deal Count

4

Total M&A Count

0

Total # of Investors

3

List of E-Mobility startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

ARC Ride is providing the electric solution to mass-transportation in rapidly-growing African cities.

Venture

$ 5,000,000

2020

2.

IZI is transforming the way that people travel in Africa, by providing an affordable zero emission alternative.

Grant

$ 1,222,000

2023

3.

Ecobodaa is a Kenyan based eMobility startup which provides electric motorbike with zero emissions.

Funding Round

Undisclosed

2019

ARC Ride

Founded

2020

Overview

ARC Ride is providing the electric solution to mass-transportation in rapidly-growing African cities.

Last round

Venture

Total raised

$ 5,000,000

Employee

11-50

Founded

2023

Overview

IZI is transforming the way that people travel in Africa, by providing an affordable zero emission alternative.

Last round

Grant

Total raised

$ 1,222,000

Employee

2-10

Ecobodaa

Founded

2019

Overview

Ecobodaa is a Kenyan based eMobility startup which provides electric motorbike with zero emissions.

Last round

Funding Round

Total raised

$ 0

Employee

2-10

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