Roam
Designs and develops electric mobility products for emerging markets, with a focus on electric motorcycles and electric buses for the East African market.
Location: Kenya
Website: https://www.roam-electric.com/
Sector: Logistics & Transport
Funding Stage: Grant, Debt, Debt, Debt, Series A, Debt,
Total Funding ($m): 25.64
# of Founders: 4
Founding Year: 2017
Funding Year: 2022
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2022 | $0.83m | Grant | DEG (Germany) |
| 2022 | $0.26m | Debt | Lendahand |
| 2023 | $0.42m | Debt | Lendahand |
| 2023 | $0.13m | Debt | Lendahand |
| 2024 | $14m | Series A | Equator VC, At One Ventures, TES Ventures, Renew Capital, The World We Want, One Small Planet |
| 2024 | $10m | Debt | U.S. International Development Finance Corporation (DFC) |
Grant $0.83m
DEG (Germany)Debt $0.26m
LendahandDebt $0.42m
LendahandDebt $0.13m
LendahandSeries A $14m
Equator VC, At One Ventures, TES Ventures, Renew Capital, The World We Want, One Small PlanetDebt $10m
U.S. International Development Finance Corporation (DFC)News
https://techcabal.com/2024/02/14/kenyan-ev-startup-roam-secures-24m-to-scale-production/