Kofa

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Offers a smart solution to convert gas-powered motorbikes to electric vehicles (EVs), while also providing customers with additional applications for the battery


Location: Ghana
Website: https://www.kofa.co/
Sector: Logistics & Transport
Funding Stage: Venture Round, Debt, Pre-Series A,
Total Funding ($m): 16.1
# of Founders: 1
Founding Year: 2021
Funding Year: 2023
Status: Active
YearAmountStageInvestors
2023$n.amVenture RoundMercy Corps Ventures, Shell Foundation, FCDO, Wangara Green Ventures, Angel Investors
2024$8mDebtShell Foundation and TEA
2025$8.1mPre-Series AE3 Capital, Ghana’s Injaro Investment Advisors, Shell Foundation, UK Government’s Transforming Energy Access (TEA), Richard Thwaites
Erik Nygard , , ,
Venture Round $n.am
Mercy Corps Ventures, Shell Foundation, FCDO, Wangara Green Ventures, Angel Investors

Debt $8m
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Pre-Series A $8.1m
E3 Capital, Ghana’s Injaro Investment Advisors, Shell Foundation, UK Government’s Transforming Energy Access (TEA), Richard Thwaites



News
https://launchbaseafrica.com/2025/04/30/kenyas-e3-capital-leads-8-1m-investment-in-ghanaian-cleantech-firm-kofa/