Designs and manufactures electric vehicles for the African mass market.
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Roam, formerly known as Opibus, is headquartered in Kenya. It designs and manufactures electric motorcycles and public transport vehicles tailored to the African market. Roam has manufactured thousands of vehicles and launched the largest electric motorcycle plant in East Africa. Roam secured $24 million in debt and equity financing and $10 million debt facility to expand local manufacturing in Kenya and scale up production. Roam's business is divided into 4 segments consisting, Roam Air (electric motorcycle), Roam Rapid (electric mass transit bus), Roam Move (electric urban transit bus), as well as energy and public charging systems.
| Date | Round | Amount | Lead |
|---|---|---|---|
| May 28, 2024 | $10.0M | ||
| Feb 19, 2024 | $24.0M | — |