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ARC Ride
Kenya · Mobility
ARC Ride provides electric two- and three-wheeler mobility with a battery-swapping network for commercial riders and fleet operators.
Product and customers
Riders use an app to locate a station, scan a cabinet, and exchange a depleted battery for a charged one in about a minute, avoiding long charging stops and lowering vehicle costs. The Nairobi-born company has expanded across sub-Saharan Africa and operates a large swap network.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Funding | $33.3M | Norrsken22 — LeadNovastar Ventures — LeadBritish International Investment — ParticipantInternational Finance Corporation — ParticipantMirova — ParticipantMusashi Seimitsu — ParticipantProparco — ParticipantTalanton — Participant |
Investors
Norrsken22Led FundingNovastar VenturesLed FundingBritish International InvestmentJoined FundingInternational Finance CorporationJoined FundingMirovaJoined FundingMusashi SeimitsuJoined FundingProparcoJoined FundingTalantonJoined FundingCoverage
Sep 8, 2026ARC Ride · FundingSimilar companies
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