Basigo

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Electric mobility startup


Location: Rwanda
Website: https://www.basi-go.com/
Sector: Logistics & Transport
Funding Stage: Pre-Seed, Seed, Venture Round, Grant, Debt, Debt, Venture Round, Debt, Grant, Series A,
Total Funding ($m): 74.35
# of Founders: 2
Founding Year: 2022
Funding Year: 2024
YearAmountStageInvestors
2021$1mPre-SeedClimate Capital, Third Derivative, Angel Investors
2022$4.3mSeedNovastar Ventures, Moxxie Ventures, Nimble Partners, Spring Ventures, Climate Capital, Third Derivative
2022$6.6mVenture RoundNovastar Ventures, Mobility 54, Trucks.vc
2023$1.5mGrantUSAID
2023$5mDebtBritish International Investment (ex CDC)
2024$0.75mDebtDEG (Germany)
2024$3mVenture RoundCFAO Group
2024$10mDebtU.S. International Development Finance Corporation (DFC)
2024$0.2mGrantIreme Invest
2024$42mSeries ABritish International Investment (BII), Africa50
Jit Bhattacharya, Sapna Shah, ,
Pre-Seed $1m
Climate Capital, Third Derivative, Angel Investors

Seed $4.3m
Novastar Ventures, Moxxie Ventures, Nimble Partners, Spring Ventures, Climate Capital, Third Derivative

Venture Round $6.6m
Novastar Ventures, Mobility 54, Trucks.vc

Grant $1.5m
USAID

Debt $5m
British International Investment (ex CDC)

Debt $0.75m
DEG (Germany)

Venture Round $3m
CFAO Group

Debt $10m
U.S. International Development Finance Corporation (DFC)

Grant $0.2m
Ireme Invest

Series A $42m
British International Investment (BII), Africa50



News

https://techpoint.africa/2024/10/23/basigo-funding-deliver-electric-buses/