Electric vehicle manufacturer and battery swapping station operator in West and East Africa.
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Spiro assembles and manufactures electric vehicles and distributes them across West and East Africa. It operates battery charging and swapping stations. In a recent funding round, Spiro secured $50 million in debt funding from Afrieximbank to bolster its operational capacity and expand its reach across Africa. Spiro is also described as facilitating the adoption of electric two-wheelers through innovative battery-swapping solutions, addressing challenges with unreliable electricity supply and charging infrastructure.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Oct 29, 2025 | $100.0M | ||
| May 21, 2024 | $50.0M | ||
| Aug 14, 2023 | $60.0M | — |