Fundraising Fox
Ampersand
Founded 2015 · 309 employees on LinkedIn · 9 known investors
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Ampersand builds electric motorcycles, battery packs, swap stations, and AmperOps fleet management software for motorcycle taxi (boda) drivers in Africa, operating a battery-swapping network for commercial e-motos. It serves drivers in markets including Rwanda and Kenya, offering electric two-wheeler transport that costs less to power than petrol.
Investors · 9
How we know: the VCSheet dataset · Not right? Tell us
How we know: Beyond Capital Ventures's portfolio page · press coverage · Not right? Tell us
How we know: Blue Haven Initiative's portfolio page · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: Factor[e] Ventures's portfolio page · Not right? Tell us
How we know: press coverage · Not right? Tell us
How we know: press coverage · Not right? Tell us
How we know: press coverage · Not right? Tell us
How we know: press coverage · Not right? Tell us
Funding
SEC filings, press & company announcements- Undisclosed amountSeedApr 2023Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Founder mafia
2 people who came through Ampersand went on to found or lead other companies.
Frequently asked questions
- What does Ampersand do?
- Ampersand builds electric motorcycles, battery packs, swap stations, and AmperOps fleet management software for motorcycle taxi (boda) drivers in Africa, operating a battery-swapping network for commercial e-motos. It serves drivers in markets including Rwanda and Kenya, offering electric two-wheeler transport that costs less to power than petrol.
- Who are Ampersand's investors?
- Ampersand's investors include Beyond Capital, Beyond Capital Ventures, Blue Haven Initiative, Ecosystem Integrity Fund, Factor[e] Ventures, AlphaMundi Group, Flagship Pioneering, Rwanda Green Fund and 1 more.