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Recently Funded|Amount: USD 3.5M|Industry: Renewable Energy Semiconductor Manufacturing

BasiGo Secures $3.5 Million in Seed Funding for Clean Electric Public Transport Solution in Africa

BasiGo

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11-50 employees employees (Est.)
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BasiGo, a pioneering e-mobility startup based in Nairobi, Kenya, is thrilled to announce the successful raising of $3.5 million in funding to accelerate its mission of transforming public transport in Africa through clean electric solutions. With a distinguished team of entrepreneurs who possess a wealth of experience in electric vehicle technology and renewable energy financing, BasiGo is uniquely positioned to lead Africa into a sustainable mobility future. The new funding will enhance our capacity to offer bus operators an integrated electric bus solution that is not only more affordable and convenient but also significantly more reliable compared to traditional diesel alternatives. Our electric buses, equipped with proven battery technology, promise all-day operation on a single charge, transforming the landscape of urban transport. Furthermore, our strategically located charging depots ensure bus operators benefit from guaranteed charging and expert maintenance every night. With our innovative Pay-As-You-Go financing model, we are committed to making the switch to electric mobility accessible for all, generating substantial savings compared to conventional diesel operations. This funding injection will enable us to expand our fleet, enhance our charging infrastructure, and accelerate the adoption of clean public transport across the continent. We are excited to lead the charge in making electric public transport a reality for bustling cities in Africa and invite partners and stakeholders to join us on this remarkable journey towards an inclusive, sustainable mobility revolution.
August 28, 2024

Buying Signals & Intent

Our AI suggests BasiGo may be interested in solutions related to:

  • Electric Buses
  • Charging Stations
  • Financing Solutions
  • Service Networks
  • E-Mobility Technology

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