Roam, an EV startup based in Kenya, has raised $24 million in a Series A round, including up to $10 million debt commitment from the U.S. International Development Finance Corporation (DFC), to scale the production of electric motorcycles and buses.
Equator, an Africa-focused climate tech VC fund, led the round, which also had the participation of several investors, including At One Ventures, TES Ventures, Renew Capital, The World We Want, and One Small Planet.
The investment comes…
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