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Spiro

Operating

SPIRO is accelerating the access of affordable, clean energy technology in the mobility sector.

Updated Source: SLA Startup IndexHow we verify →
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.

Capital growthrunning total of disclosed rounds
  1. $20MVentureVenture, $20M, $20M raised to date
  2. $60MDebt FinancingDebt Financing, $60M, $80M raised to date
  3. $50MDebt FinancingDebt Financing, $50M, $130M raised to date
  4. $100MVentureVenture, $100M, $230M raised to date
  5. $7MDebt FinancingDebt Financing, $7M, $237M raised to date
  6. $50MDebt FinancingDebt Financing, $50M, $287M raised to date
  7. $215MPrivate EquityPrivate Equity, $215M, $502M raised to date
  8. $55MPrivate EquityPrivate Equity, $55M, $557M raised to date
  9. $18MDebt FinancingDebt Financing, $18M, $575M raised to date

SLA Funding Index · grey is capital raised before each round

AnnouncedRoundLead · investorsAmount
21 Sep 2026Spiro Debt FinancingAfrica GoGreen Fund$18M
22 Jun 2026Spiro Private EquityNewTrails Capital$55M
01 Jun 2026Spiro Private EquityImpact Fund Denmark +1$215M
24 Feb 2026Spiro Debt FinancingAfrican Export-Import Bank +2$50M
28 Jan 2026Spiro Debt FinancingNithio Holdings$7M
21 Oct 2025Spiro VentureThe Fund for Export Development in Africa$100M
17 May 2024Spiro Debt FinancingAfrican Export-Import Bank$50M
02 Aug 2023Spiro Debt FinancingSociete Generale +1$60M
24 May 2022Spiro VentureAfrica Transformation and Industrialisation Fund$20M

Spiro founders & team

Full team →

Spiro competitorssame sector · similar funding

  • 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

All 20 Transportation startups in 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.