The June round’s final close
The new investment from NewTrails Capital takes Spiro’s equity round to $270 million, following the $215 million announced on June 1. This entry records the additional $55 million.
Local production at larger scale
Spiro will accelerate its manufacturing and supply-chain localization, including work with Chinese suppliers. The company combines vehicles, batteries, payments and service networks, and had deployed 100,000 electric motorcycles across seven African markets.