ARC Ride raises $33.3 million to expand its battery-swapping model beyond Kenya

The Kenyan electric mobility startup has raised $33.3 million in asset-backed debt and equity to expand its battery-swapping network and electric motorcycle fleet across Africa.

Aggregated · originally by TechCabal

8 Sept 2026, 11:53 WAT · 3 min read

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ARC Ride raises $33.3 million to expand its battery-swapping model beyond Kenya

The Kenyan electric mobility startup has raised $33.3 million in asset-backed debt and equity to expand its battery-swapping network and electric motorcycle fleet across Africa.

ARC Ride raises $33.3 million to expand its battery-swapping model beyond Kenya

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