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StartupSeries AB2C

Roam Electric

Electric motorcycles and buses for Africa

Kenya Nairobi Founded 2017 201-500 Website
Total Raised$34.0MSee the rounds
StageSeries A
Operating Since2017 (9y)

About Roam Electric

Roam (formerly Opibus) designs and manufactures electric motorcycles and buses for the African market. The company's vehicles are optimized for African road conditions and offer significantly lower operating costs compared to petrol alternatives, supporting motorcycle taxi drivers and public transit.

Funding

Total Raised$34.0M
Last Round$24.0MSeries A

Rounds

Series AMay 1, 2024
$24.0M

Lead: Equator Africa

Investors

Equator AfricaDFCFactor[e] VenturesEcosystem Integrity Fund

Leadership & Team

Founder(s)

CEO

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Quick Facts

CountryKenya
Founded2017
TypeStartup
ModelB2C
Team size201-500
Operating in
KenyaUganda

Registry Identifiers

lei984500B50C2A0CBC5E11