Fundraising Fox

Ampersand

Founded 2015 · 3 known investors

ampersand.solar ↗

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.

CleantechEnergyMobility & Transportation

Investors · 3

Beyond CapitalDallas · $1M
Beyond Capital VenturesLos Angeles
Ecosystem Integrity FundLafayette · $2M – $5M

In the news

Ampersand Secures $7 Million in Funding to Expand Electric Motorcycle Fleet in East Africa - Tech In Africatechinafrica.com · Aug 2025Ampersand Biomedicines Raises $65M in Series B Financingfinsmes.com · Mar 2025Ampersand Biomedicines Raises Series B Financing and Highlights Pipeline Advancementsglobenewswire.com · Mar 2025Major Investors Pour Significant Funding into Rwanda's Ampersand - Tech In Africatechinafrica.com · Oct 2023Ampersand Raises $4.7M in Seed Fundingfinsmes.com · Apr 2023

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, Ecosystem Integrity Fund.