Zeno, an electric motorbike company focused on battery-swapping technology in East Africa, has secured $25 million in Series A funding. The round, which includes $20.5 million in equity and a $4.5 million debt facility, was led by Congruent Ventures and saw participation from Active Impact and Lowercarbon Ventures. This capital will accelerate the production of Zeno's Emara motorcycles and expand its app-controlled battery-swap network.
Amount: $25.0M
