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SPIRO logo — Time 100 Influential Company 2024 | Africa's Largest EV Play...

SPIRO

Time 100 Influential Company 2024 | Africa's Largest EV Player | 15M battery swaps | 340,000,000 KM driven

Founded 2014 Kenya Nairobi, Kenya 385 employees Series Unknown Total: $185.00M Transportation, Automotive

General Information

Company Name SPIRO
Founded Year 2014
Location Kenya Nairobi, Kenya +1
Employees 385
Industries Transportation, Automotive
Funding Stage Series Unknown
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About SPIRO

SPIRO is Africa's largest EV player, with a staggering 8 million battery swaps and 220 million clean kilometers driven. The company is on a mission to accelerate the access to affordable, clean energy technology in the mobility sector through excellent customer service and continued agility. Founded in 2019 and based in Kenya, SPIRO is currently establishing manufacturing and assembling facilities to become the first company to manufacture e-bikes and batteries in Africa. This move is poised to address import-export imbalances, spur economic growth, and foster sustainable development in the region. As the largest EV company in Africa, SPIRO is uniquely dedicated to driving Africa's clean industrialization through e-mobility technologies. The company's different motorcycle models, designed around swappable batteries and linked to an extensive charging infrastructure, are tailored to provide clean transport solutions to local market challenges. In addition, SPIRO recently secured a $60.00M debt financing investment on 05 August 2023, with contributions from Société Générale and GuarantCo.

Taxonomy: EVs, e-mobility, battery swaps, clean energy, sustainable development, economic growth, African market, e-bikes, battery technology, charging infrastructure, local market challenges, industrialization, import-export imbalances

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series Unknown •••••• 4 •••• •••• 22 Jun 2026
Debt Financing •••••• 1 •••• •••• 17 May 2024
Debt Financing •••••• 2
Investor Investor
05 Aug 2023
Venture Round •••••• 1
Investor
24 May 2022

Latest News

View All
Spiro takes $55M from China’s NewTrails as it nears a $1bn valuation — Thenextweb
Spiro takes $55M from China’s NewTrails as it nears a $1bn valuation
Thenextweb Jun 22, 2026
Google says it has passed its $1bn Africa investment target — Thenextweb
Google says it has passed its $1bn Africa investment target
Thenextweb Jul 02, 2026

SPIRO Alternatives & Competitors

SPIRO vs
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LOHUM
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SPIRO vs
SUN Mobility
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FAQ About SPIRO

Time 100 Influential Company 2024 | Africa's Largest EV Player | 15M battery swaps | 340,000,000 KM driven
SPIRO was founded in 2014.
SPIRO is headquartered in Nairobi, Kenya.
SPIRO operates in the following industries: Transportation, Automotive.
SPIRO has approximately 385 employees.
SPIRO has completed 4 funding rounds, raising a total of $185.00M. The latest funding stage is Series Unknown.
Top alternatives and competitors to SPIRO include STIMA, LOHUM , SUN Mobility, AutoX, Aceleron. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SPIRO and STIMA 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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