Spiro

United Arab Emirates · Mobility

Spiro supplies electric motorcycles and operates battery-swapping networks across Africa.

Product

Riders exchange depleted batteries for charged ones at swap stations, combining vehicle access with an ongoing energy service. Spiro assembles vehicles through facilities in Uganda, Kenya, Nigeria and Rwanda.

The business is led by founder Gagan Gupta and group CEO Anant Badjatya. Its holding company is headquartered in Dubai, while its vehicle and energy operations serve African markets.

Funding history

1 round · 1 with disclosed amounts
AnnouncedRoundAmountInvestors
Debt extension$18MAfrica Go Green Fund — Participant
Sourcescygnumcapital.com ↗lei.bloomberg.com ↗