Equity funding · Kenya · Mobility

ARC Ride

ARC Ride raised $33.3m from Proparco, Novastar Ventures and Norrsken22.

Parties

• Proparco investor
• Novastar Ventures investor
• Norrsken22 investor

Sources (15)

• ARC Ride raises $33.3 million to expand its battery-swapping model beyond Kenya · TechCabal · 2026-09-08
• Novastar Ventures and Norrsken22 back ARC Ride’s $33.3m round · Africa Private Equity News · 2026-09-08
• Arc Ride raises $33.3m to expand battery-swapping network across Africa · Technext24.com · 2026-09-08
• ARC Ride Raises $33.3m to Expand Electric Motorcycles Across Africa · Techeconomy · 2026-09-08
• African EV Startup ARC Ride Raises $33 Million to Expand Battery-Swapping Network · Tech Labari · 2026-09-08
• Kenyan EV Startup Arc Ride Bags $33.3M to Power Africa’s Battery-Swapping Race · Launch Base Africa · 2026-09-08
• ARC Ride has raised $33.3 million as it expands into South Africa · Condia · 2026-09-08
• ARC Ride raises $33.3M to expand Africa battery-swap network · Dealroom · 2026-09-08
• Kenyan Electric Mobility Startup ARC Ride Secures $33.3 Million to Scale Battery-Swapping Infrastructure Across Africa · Tech In Africa · 2026-09-09
• Proparco invests $1.5m in ARC Ride · Africa Private Equity News · 2026-09-09
• ARC Ride raises $33.3M as battery swapping becomes central to its African electric mobility expansion · TechTrendsKE · 2026-09-09
• Kenya’s ARC Ride secures $33.3m financing to scale electric mobility infrastructure · - Disrupt Africa · 2026-09-09
• EV-Maker ARC Ride Raises US$33.3mn To Enter Four New Markets · The Kenyan Wall Street · 2026-09-09
• ARC Ride Secures $33.3M to Scale African E-Mobility · Serrari Group · 2026-09-10
• Arc Ride Raises $33.3M To Scale Battery-as-a-Service Model Across Sub-Saharan Africa · Tech Build Africa · 2026-10-17

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