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Africa Go Green Fund injects $18M into Spiro, doubling total commitment to $36M for African electric mobility expansion.
Amount Raised
$18 Million
Round Type
Venture - Series Unknown
NairobiManufacturingInvestors
Description
Africa Go Green Fund (AGG), a climate-focused debt fund managed by Cygnum Capital, has injected an additional $18 million into Spiro, an African electric mobility company. This new capital doubles AGG's total financing commitment to Spiro to $36 million, building on an initial $18 million debt facility closed in December 2025. The fresh financing will support the deployment of more electric motorcycles and expansion of battery-swapping infrastructure in Uganda and Rwanda. Spiro operates across seven African markets.
Fundz sees it the moment Spiro raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
Based on industry dataSpiro raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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