ARC Ride secures $33.3 million to revolutionize African e-mobility

Kenya-based electric mobility startup ARC Ride has successfully closed a $33.3 million financing round. This significant capital injection is dedicated to aggressively scaling its smart battery-swapping infrastructure and electric vehicle (EV) platform across the African continent, accelerating the transition to clean, affordable transport. The “Battery-as-a-Service” Advantage At the core of ARC Ride’s operations is a deep focus on the two- and three-wheeler transport sector, which serves as the