SPIRO, Africa's largest EV company and a Time 100 Influential Company 2024, has secured $215.0M in new investment. The capital infusion, backed by Impact Fund Denmark and Equitane, will accelerate the company's mission to provide affordable, clean energy technology in the mobility sector.
The funding is set to support SPIRO's ambitious plans to establish the continent's first e-bike and battery manufacturing facilities. This move aims to address import-export imbalances and unlock economic growth through e-mobility, deploying swappable battery motorcycles and an extensive charging infrastructure built for local market challenges.















