Africa Angel Investors Network

Funding Tracker                 


Ampersand

Image

Electric motorbike company


Location: Rwanda
Website: https://www.ampersand.solar/
Sector: Logistics & Transport
Funding Stage: Grant, Venture Round, Venture Round, Series A, Venture Round,
Total Funding ($m): 25.1
# of Founders: 2
Founding Year: 2014
Funding Year: 2023
Status: Active
YearAmountStageInvestors
2020$0.6mGrantShell Foundation
2021$3.5mVenture RoundEcosystem Integrity Fund
2023$12mVenture RoundEcosystem Integrity Fund, Acumen Fund, Hard Edged Hope Fund, AlphaMundi, Societe Petroliere du Rwanda, Total Energies, Beyond Capital Ventures
2024$2mSeries AAHL Venture Partners, Everstrong Capital, Beyond Capital
2025$7mVenture Round Seedstars Africa Ventures and Gaia Impact, Rwanda Green Fund and Raspberry Syndicate, Ecosystem Integrity Fund, AHL Ventures, Acumen, and TotalEnergies
Josh Whale , Alp Tilev , ,
Grant $0.6m
Shell Foundation

Venture Round $3.5m
Ecosystem Integrity Fund

Venture Round $12m
Ecosystem Integrity Fund, Acumen Fund, Hard Edged Hope Fund, AlphaMundi, Societe Petroliere du Rwanda, Total Energies, Beyond Capital Ventures

Series A $2m
AHL Venture Partners, Everstrong Capital, Beyond Capital

Venture Round $7m
 Seedstars Africa Ventures and Gaia Impact, Rwanda Green Fund and Raspberry Syndicate, Ecosystem Integrity Fund, AHL Ventures, Acumen, and TotalEnergies


News
https://www.techinafrica.com/ampersand-secures-7-million-in-funding-to-expand-electric-motorcycle-fleet-in-east-africaampersand-an-africa-focused-electric-vehicle-ev-energy-company-has-successfully-closed-a-new-funding-round/