ARC Ride raises $33.3M in funding to expand its electric mobility platform across sub-Saharan Africa. The round was led by Novastar Ventures and Norrsken22.
Amount Raised
$33.3 Million
Round Type
Venture
KenyaTransportationAutomotiveElectric VehicleInvestors
Description
ARC Ride, based in Nairobi, Kenya, has raised $33.3M in funding. The financing was led by Novastar Ventures and Norrsken22, with other participants including IFC and British International Investment. The funds will help accelerate the company's expansion in sub-Saharan Africa and enhance its electric vehicle fleet and infrastructure. ARC Ride aims to strengthen battery-swapping capabilities to benefit riders in the region.
Quick answer
Arc Ride raised $33.3 Million in a funding round, dated September 8, 2026. Investors: Ifc, British International Investment, Talanton, Proparco, Musashi Seimitsu, Novastar Ventures and Norrsken22. Arc Ride is based in Kenya.
- How much did Arc Ride raise?
- Arc Ride raised $33.3 Million in a funding round on September 8, 2026.
- Who invested in Arc Ride?
- Ifc, British International Investment, Talanton, Proparco, Musashi Seimitsu, Novastar Ventures and Norrsken22 are named as investors in this round.
- What does Arc Ride do?
- Arc Ride is a Kenyan e-mobility startup focused on electric motorcycle solutions.
- Where is Arc Ride based and how big is it?
- Arc Ride is based in Kenya. Fundz records about 91 employees.
- Who are the decision-makers at Arc Ride?
- Fundz holds 3 contacts at Arc Ride, including the Executive Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as Arc Ride that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $400M (Debt Financing) on October 9, 2026.
- Konwert India Motors raised an undisclosed amount (Pre-Series A) on October 23, 2026.
- Rivian Automotive raised $1B (Debt Financing) on October 7, 2026.
- Drivn Transition Private Limited raised $4.7M (Seed) on September 23, 2026.
- Drivn raised $4.7M (Seed) on September 21, 2026.
- Depotcharge raised $3.1M (Pre-Seed) on September 15, 2026.
Who to call at Arc Ride, and when
A new round usually means Arc Ride is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Arc Ride raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Arc Ride, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Arc Ride. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Arc Ride raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Arc Ride raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.