SP

Startup Growth B2C

Spiro

Electric mobility for Africa

Tanzania , Dar es Salaam Founded 2019 501-1000 Website

Total Raised$140,000,000

StageGrowth

Operating Since2019 (7y)

About Spiro

Spiro (formerly M Auto) is an electric vehicle company that manufactures and distributes electric motorcycles and battery-swapping infrastructure across Africa. The company provides an affordable alternative to petrol-powered motorcycles for delivery riders and commuters.

Funding

Total Raised$140,000,000

Last Round$50,000,000Debt Facility · May 2024

Investors

AfreximbankGlobal Environment Facility

Funding History

Debt Facility May 2024

Lead: Afreximbank

Leadership & Team

Founder(s)Jules Samain

CEOJules Samain

Contact

spironet.com

Quick Facts

CountryTanzania

Founded2019

TypeStartup

ModelB2C

Team Size501-1000

Operating In

TanzaniaRwandaBeninTogoKenyaUgandaCameroonMorocco

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