Spiro raises $215 million in a funding round led by Impact Fund Denmark and Equitane to expand its EV and battery-swapping infrastructure across Africa.
Amount Raised
$215 Million
Round Type
Funding Round
Investors
Description
African EV platform Spiro has raised $215 million to enhance its battery-swapping network and increase manufacturing capacity. The funding will also support technology development and expansion into new markets. Founded by Gagan Gupta, Spiro operates over 100,000 electric motorcycles and aims to meet rising demand for transportation in African cities.
Quick answer
Spiro raised $215 Million in a Funding Round round, dated June 1, 2026. Investors: Equitane and Impact Fund Denmark.
- How much did Spiro raise?
- Spiro raised $215 Million in a Funding Round round on June 1, 2026.
- Who invested in Spiro?
- Equitane and Impact Fund Denmark are named as investors in this round.
Source: Fundz verified event record.
Who else raised in Energy and Transportation around the same time
Companies in the same sectors as Spiro that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $550M (Series C) on May 1, 2026.
- EV24.africa raised an undisclosed amount on July 16, 2026.
- Tyred raised $3.4M (Seed) on July 16, 2026.
- NexiGO raised $2.3M (Pre-Seed) on July 14, 2026.
- Ampol raised $296M (Funding Round) on July 13, 2026.
- LetzRyd raised $4M (Series A) on July 12, 2026.
Who to call at Spiro, and when
A new round usually means Spiro is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Spiro raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Spiro, from your own LinkedIn network
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Fundz sees it the moment Spiro raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Spiro 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.
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