09/09/2026
ARC Ride has raised KES $33.3 million in a funding round led by Novastar Ventures and Norrsken22 to accelerate battery-swapping infrastructure and expand access to affordable electric bikes across Africa.
The company plans to scale across Kenya, Ghana, Uganda, South Africa and other sub-Saharan African markets.
ARC Ride has raised KES $33.3 million to expand battery-swapping infrastructure and affordable electric bikes across sub-Saharan Africa.