Series A Electric Vehicles

$24M

Roam Electric

Kenya May 2024 East Africa

About this Deal

Roam raised $24M Series A for electric motorcycle manufacturing.

Investors

Lead: Equator Africa

Equator Africa DFC Factor[e] Ventures

Deal Details

Amount$24M

TypeSeries A

InstrumentEquity

SectorElectric Vehicles

FounderMale-led

StatusClosed

Company

Roam Electric
Startup · Nairobi

Other Companies in this Market

See all

Nation Media Group The media of record for East Africa

Standard Group PLC Kenya's oldest newspaper since 1902

Comcraft Group / Safal Group Kenya Industrial excellence from Kenya to the world

TPS Eastern Africa PLC (Serena Hotels) Refreshingly Serena

Naivas Limited Saves you money

Jubilee Holdings Limited East Africa's leading insurer since 1937

People in this Space

See all

Aga Khan Development Network Founder @ Jubilee Holdings Limited

Alibhai Mulla Jeevanjee Founder @ Standard Group PLC

Aga Khan IV (Prince Karim Al-Hussaini) Founder @ Nation Media Group

Aga Khan IV (Prince Karim Al-Hussaini) Founder @ TPS Eastern Africa PLC (Serena Hotels)

Gurcharan Singh Vohra Founder @ Sarova Hotels & Resorts

John Kinuthia Founder @ Quickmart Limited

Related News

See all

Mobile Money Agent Economics Are Quietly Breaking Mobile money in Africa runs on a foundation of approximately 300,000 M-Pesa agents, several hundred ...

Mobile Money Agent Networks: The Cash-In Cash-Out Economy Underpinning African Fintech Safaricom M-Pesa operates approximately 298,890 agents serving 35.82 million customers and KSh 38.29...

African BNPL Has a Retail Margin Problem Nobody Wants to Name The African BNPL market is projected to grow to USD 16.8 billion by 2031. The growth projections ass...

African Bank-Fintech Partnerships in 2026: The End of the Disruption Story Equity Bank operates across six African countries with over 19 million customers. Ecobank Group span...