BasiGo logo — Creating the future of clean, electric public transit in Afr...

BasiGo

Creating the future of clean, electric public transit in Africa

Founded 2021 Kenya Nairobi, Kenya 93 employees Grant Total: $546.90M Transportation, Automotive

General Information

Company Name BasiGo
Founded Year 2021
Location Kenya Nairobi, Kenya +1
Employees 93
Industries Transportation, Automotive
Funding Stage Grant
Social

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About BasiGo

**BasiGo** is an early-stage e-mobility startup headquartered in Nairobi, Kenya that is working to redefine the public transportation landscape in Africa. The company's mission is encapsulated in its slogan, which is to "Create the future of clean, electric public transit in Africa." With a team comprising seasoned entrepreneurs with extensive experience in electric vehicle technology, mobility in Africa, and renewable energy financing, BasiGo is dedicated to catalyzing an inclusive and sustainable mobility revolution on the continent. One of BasiGo's primary offerings is an Electric Bus solution designed to be more affordable, convenient, and reliable than traditional diesel alternatives. This solution comprises of electric buses that can operate all day on a single charge, facilitated by proven and safe battery technology. Additionally, the company provides strategically positioned charging depots located close to bus routes, offering guaranteed charging and expert preventative maintenance services every night. Moreover, BasiGo offers innovative Pay-As-You-Go financing to make the electric buses more accessible and cost-effective for operators compared to diesel buses. The latest milestone for BasiGo includes a significant KES397.00M Venture Round investment on 26 March 2024 from key investors such as Mobility 54 Investment SAS and CFAO Kenya. With a focus on the transportation industry, BasiGo represents a promising opportunity in the sustainable mobility sector, poised to make a significant impact on public transit in Africa.

Taxonomy: e-mobility, electric vehicles, public transportation, Africa, sustainable mobility, electric bus technology, clean energy, transportation innovation, pay-as-you-go financing, climate change, clean transportation, renewable energy financing, electric bus infrastructure, sustainable transportation

Funding Rounds & Investors (11)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1 •••• •••• 09 Jul 2024
Venture Round •••••• 2
Investor Investor
26 Mar 2024
Debt Financing •••••• 1
Investor
06 Dec 2023
Grant •••••• 1 •••• •••• 08 Nov 2023
Non Equity Assistance •••••• 1
Investor
31 Jul 2023

View All 11 Funding Rounds

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FAQ About BasiGo

Creating the future of clean, electric public transit in Africa
BasiGo was founded in 2021.
BasiGo is headquartered in Nairobi, Kenya.
BasiGo operates in the following industries: Transportation, Automotive.
BasiGo has approximately 93 employees.
BasiGo has completed 11 funding rounds, raising a total of $546.90M. The latest funding stage is Grant.
Top alternatives and competitors to BasiGo include Optare PLC, Rollyy, CTtransit, SWAP, EVCS. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
BasiGo and Optare PLC are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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