COMPANY PROFILE

Spiro

Explore full profile

Electric mobility infrastructure for sustainable African transportation

Nairobi, KenyaFounded 2019Transportation

Valuation $500M–1B Latest valuation · 2026

Headcount 1–2k Current team size

Total funding $100–500M Disclosed equity funding

Unlock exact values

About Spiro

Spiro is a premier electric mobility and clean energy platform dedicated to driving the large-scale electrification of urban transport across Africa. The company provides eco-friendly electric motorcycles coupled with an expansive, smart battery-swapping network designed to bypass traditional grid reliability challenges. With a mission focused on energy sovereignty, environmental sustainability, and economic empowerment, the organization transforms informal urban transit by replacing high-emission, fossil-fuel vehicles with integrated green technology solutions.

Read full description

The platform primarily serves commercial motorcycle taxi operators, delivery fleets, and urban micro-mobility riders across high-growth African economies. Utilizing a sustainable Energy-as-a-Service model, the company generates recurring revenue through battery rentals and subscription-based or pay-per-swap charging fees. This strategy minimizes upfront capital barriers for lower-income operators, providing direct financial relief by significantly cutting daily fuel expenses and increasing individual take-home earnings.

A core differentiator is the automated, solar-ready, and IoT-enabled battery-swapping stations that allow drivers to exchange depleted batteries within minutes. Backed by dedicated technology centers, hundreds of engineers, and numerous proprietary patents, the platform utilizes advanced AI-driven energy analytics and local vehicle assembly facilities to optimize fleet performance. Additionally, its closed-loop infrastructure incorporates dedicated battery recycling and second-life energy storage systems, establishing a completely circular clean-energy ecosystem resilient to local regulatory shifts.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2019
Headquarters: Nairobi, Kenya
Employees: 1,205
Open positions: 13
Dealroom signal: 95.6/100
Industry: Transportation
Sub-industry: Vehicle Production
Sector: Transportation, Battery, E-Bike, Motorcycle, Sustainable Development Goals, Rumoured $1B, Climate Tech, Electric Mobility, EV Manufacturing
Technology: Hardware
Business model: Manufacturing
Client focus: b2b
Investment activity: 1 company, latest May 2026
Capital deployed: —
Preferred round: ACQUISITION
Links: Website LinkedIn

Latest news

Press, funding announcements and product moves mentioning Spiro.

See all news

Funding history

6 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VCOther financing	Jun 2026	$215M	$860M	Equitane · Impact Fund Denmark	↗
DEBTDebt	Feb 2026	$0	—	Nithio	↗

Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Spiro website traffic

Latest recorded traffic for Spiro is 43K monthly website visits, down 6.5% over the last three months. Spiro's team grew 34.9% over the past year.

Latest monthly visits43K 3-month web change-6.5% 1-year team growth+34.9%

Monthly website visitsOct 2022–Jul 2026

Explore monthly traffic historyTrack growth over time and compare with peersBook a demo

Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom

Lead EngineerBengaluru, Karnataka, India · Other · Sep 6, 2026 Deputy Plant ManagerBamako, Mali · Other · Sep 6, 2026 Head of EnergyKinshasa, Democratic Republic of the Congo · Other · Sep 6, 2026 Head of EnergyLower Kabete Road, Kitisuru location, Kitisuru ward, Kangemi division, Westlands, Nairobi, Kabete, Nairobi County, Nairobi, 00604, Kenya · Other · Sep 5, 2026 Store ManagerLomé, Maritime Region, Togo · Sales · Sep 5, 2026 Software ArchitectLower Kabete Road, Kitisuru location, Kitisuru ward, Kangemi division, Westlands, Nairobi, Kabete, Nairobi County, Nairobi, 00604, Kenya · Backend Development · Sep 5, 2026 Lead Central Planning and Control - GISKampala, Central Region, Uganda · Project Management · Sep 5, 2026 Technical Program ManagerLower Kabete Road, Kitisuru location, Kitisuru ward, Kangemi division, Westlands, Nairobi, Kabete, Nairobi County, Nairobi, 00604, Kenya · Project Management · Sep 5, 2026

8 distinct openings shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Company	Headquarters	Status	Employees	Total funding	Valuation
STShenzhen Dayu Zhixing TechnologyA company focusing on the R&D and sales of smart lithium-ion mopeds	Ningbo, China	Operational	—	$14M	$55M
FSFraisTechnology s.r.o.Multi-phase electric motors and innovative tilting three-wheeled electric motorcycles	Olomouc, Czechia	Operational
CYCyclopicDevelops electric transport technology such as a compact folding bike and a centre-less hollow wheel drive system	Dorchester, United Kingdom	Low Activity
ALAlsoDesigning small, vertically-integrated electric vehicles for urban and commercial use	Palo Alto, United States	Operational
TMTwenty Two MotorsTwenty Two Motors aim of making cutting edge EV technology affordable for the current generation	India	Acquired
EReROCKITEROCKIT is a pedal operated electric motorcycle	Hennigsdorf, Germany	Operational
SCScuterWorld-first MaaS provider based on fleets of proprietary and purpose-designed EVs	Rome, Italy	Operational
ZEZERONSpecializing in new energy heavy trucks	China	Operational