February 19

ROAM Secures $24 Million in Series a Funding to Expand Electric Motorcycle and Bus Production

By Scooter Doll

Kenya-based electric mobility company ROAM has successfully completed a Series A funding round totaling $24 million in equity and debt to expand local production and further electrify mobility across Africa.

ROAM is a growing Kenyan company with origins in Sweden that remains relatively young, recently eclipsing a mere five years of existence. In that short time, we’ve covered much of the company’s progress in developing, designing, and manufacturing all-electric Air motorcycles and buses, plus sustainable fast-charging technologies to support them.

Photo courtesy of Clopin clopant.

Source: Electrek (link opens in a new window)

Technology, Transportation
decarbonization, electric vehicles