Africa Angel Investors NetworkShift EV
Converts existing fuel-run vehicles into electric ones using its in-house designed and manufactured batteries.
Location: Egypt
Website: https://www.shift-ev.com/
Sector: Logistics & Transport
Funding Stage: Series A, Venture Round,
Total Funding ($m): 15.2
# of Founders: 2
Founding Year: 2020
Funding Year: 2023
Status: Active
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2022 | $9m | Series A | Union Square Ventures, Algebra Ventures, Wamda Capital, Oman Technology Fund |
| 2023 | $6.2m | Venture Round | n.a. |