Weekly DigestSeptember 9, 20260

ARC Ride Raises $33.3 Million to Expand Electric Mobility Network in Africa

Electric mobility company ARC Ride has raised $33.3 million from venture capital firms, development finance institutions and impact investors as it seeks to expand battery-swapping infrastructure and electric two- and three-wheelers across Africa. The financing was led by Novastar Ventures and Norrs

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ARC Ride Raises $33.3 Million to Expand Electric Mobility Network in Africa

Source: TechMoran  ·  Kenya

Electric mobility company ARC Ride has raised $33.3 million from venture capital firms, development finance institutions and impact investors as it seeks to expand battery-swapping infrastructure and electric two- and three-wheelers across Africa. The financing was led by Novastar Ventures and Norrs…

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Part of the Africa Dev Week of September 09, 2026 weekly digest.

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