
Spiro
OperatingSPIRO is accelerating the access of affordable, clean energy technology in the mobility sector.
- Transportation
- Nairobi, Kenya
- Debt Financing
- Founded 2019
- spironet.com ↗
- Total raised
- $575M
- disclosed
- Last round
- $18M
- Debt Financing
- Rounds
- 9
- since 2019
- Investors
- 10
- on record
- Employees
- 501-1000
About Spiro
SPIRO is a Time 100 Influential Company 2024. Our mission is to accelerate the access of affordable, clean energy technology in the mobility sector through excellent customer service and continued agility. Currently building manufacturing and assembling facilities, SPIRO will be the first company to manufacture e-bikes and batteries in Africa, helping to solve import-export imbalances, unlocking economic growth and sustainable development. SPIRO is the largest EVs company in Africa and is uniquely focused on Africa’s clean industrialization through e-mobility technologies. Designed around swappable batteries and connected to SPIRO ’s extensive charging infrastructure, our different motorcycle models deliver clean transport built-for-purpose to address local market challenges.
Spiro funding9 rounds
All 9 rounds →Spiro has raised $575M across 9 disclosed rounds. The latest is a $18M Debt Financing announced 21 Sep 2026.
- $20MVentureVenture, $20M, $20M raised to date
- $60MDebt FinancingDebt Financing, $60M, $80M raised to date
- $50MDebt FinancingDebt Financing, $50M, $130M raised to date
- $100MVentureVenture, $100M, $230M raised to date
- $7MDebt FinancingDebt Financing, $7M, $237M raised to date
- $50MDebt FinancingDebt Financing, $50M, $287M raised to date
- $215MPrivate EquityPrivate Equity, $215M, $502M raised to date
- $55MPrivate EquityPrivate Equity, $55M, $557M raised to date
- $18MDebt FinancingDebt Financing, $18M, $575M raised to date
SLA Funding Index · grey is capital raised before each round
Who has invested in Spiro
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 21 Sep 2026 | Spiro Debt Financing | Africa GoGreen Fund | $18M |
| 22 Jun 2026 | Spiro Private Equity | NewTrails Capital | $55M |
| 01 Jun 2026 | Spiro Private Equity | Impact Fund Denmark +1 | $215M |
| 24 Feb 2026 | Spiro Debt Financing | African Export-Import Bank +2 | $50M |
| 28 Jan 2026 | Spiro Debt Financing | Nithio Holdings | $7M |
| 21 Oct 2025 | Spiro Venture | The Fund for Export Development in Africa | $100M |
| 17 May 2024 | Spiro Debt Financing | African Export-Import Bank | $50M |
| 02 Aug 2023 | Spiro Debt Financing | Societe Generale +1 | $60M |
| 24 May 2022 | Spiro Venture | Africa Transformation and Industrialisation Fund | $20M |
Spiro founders & team
Full team →- Mansoor Ali Khan - Al BuhariFounder and Chairman
- Kaushik BurmanCEO & Board Director
- Kaushik BurmanCEO & Board Director
Spiro competitorssame sector · similar funding
- MooveLagos, Nigeria
- Gotion Power MoroccoKénitra, Morocco
More Transportation startups in Kenya
- GoPay
GoPay provides cashless payments and AI tools for public transport and small businesses. · Kenya
- Trans Boda Limited
Trans Boda Limited is an electric motorcycle company at the forefront of the transition into sustainable transportation in Kenya. · Kenya
- Fleetsimplify
Monetizing ride-sharing vehicles made effortless · Kenya
- eWAKA
eWAKA Mobility Limited is Africa’s foremost electromobility company, which is set to revolutionise emobility across the continent. · Kenya
- NopeaRide
An electric taxi and ride-hailing service in Nairobi. · Kenya
- Twende Carpool
Twende Carpool is a Travels platform that developed a mobile app that connects people traveling in the same direction. · Kenya
Frequently asked about Spiro
- Where is Spiro based and when was it founded?
- Spiro is headquartered in Nairobi, Kenya and was founded in 2019.
- Who founded Spiro?
- Spiro was founded by Mansoor Ali Khan - Al Buhari (Founder and Chairman).
- Who is the CEO of Spiro?
- Kaushik Burman is Spiro's CEO & Board Director.
- How much funding has Spiro raised?
- Spiro has raised $575M across 9 disclosed rounds. Its latest, a $18M Debt Financing, was announced on Sep 21, 2026.
- Who has invested in Spiro?
- Backers include Africa GoGreen Fund, NewTrails Capital, Impact Fund Denmark, Equitane and 6 others.
- What sector is Spiro in?
- Spiro operates in Transportation, Manufacturing and MaaS.