
Spiro Adds $55m From a Chinese Backer, Taking Its Round to $270m
Spiro raised another $55m from China's NewTrails Capital, taking its round to $270m. Who funds Africa's EV infrastructure layer is the real story.
How people, goods, and payments move through African markets, from logistics networks to mobility platforms.

Spiro raised another $55m from China's NewTrails Capital, taking its round to $270m. Who funds Africa's EV infrastructure layer is the real story.
MobilityBattery-swapping keeps showing up in Africa's biggest EV deals. An explainer on the economics that make swapping, not charging, the model for the continent.
MobilityEthiopia's Dodai has closed a $13m Series A, led by BII and Japanese investors, to scale locally assembled electric motorbikes and battery swapping in Addis Ababa.
MobilityAngolan startup ANDA raised $1.2m from local fund BFA Asset Management to expand a drive-to-own model that helps motorcycle-taxi drivers own their vehicles.
MobilitySpiro has raised $215m led by Impact Fund Denmark and Equitane to grow its battery-swapping network across seven African markets. The bigger story is institutional capital betting on who owns the continent's EV infrastructure layer.