Spiro

Spiro
Africa's largest electric vehicle company, specializing in electric motorbikes and battery-swapping infrastructure.
About
What does Spiro do?
Spiro is the largest electric vehicle (EV) company in Africa, focusing on electrifying mobility across the continent. They provide electric motorbikes and operate an extensive battery-swapping network, aiming to make clean transportation affordable and accessible. The company also engages in vehicle assembly and aims to reduce fossil fuel dependency in Africa.
What is Spiro's valuation?
StartupHub estimates Spiro's effective valuation at $1.0B (range $707.8M to $1.3B, 39% confidence), based on comparable companies in the sector.
How much funding has Spiro raised?
Spiro has raised a total of $425M in funding. The most recent round on record is Funding Round.
Where is Spiro headquartered?
Spiro is headquartered in Dubai, United Arab Emirates.
When was Spiro founded?
Spiro was founded in 2018.
What industry does Spiro operate in?
Spiro operates in Electric Vehicle, Mobility, Battery Swapping, Sustainable Energy, Cleantech, Automotive.
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