Ampersand
Founded 2015 · 309 employees on LinkedIn · 9 known investors
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
Beyond CapitalDallas · $1M
Beyond Capital VenturesLos Angeles
Blue Haven Initiative
Ecosystem Integrity FundLafayette · $2M – $5M
Factor[e] VenturesFort Collins · $250K – $750K
AlphaMundi GroupreportedGeneva
Flagship PioneeringreportedCambridge · $500K – $10M
Rwanda Green FundreportedKigali
Shell FoundationreportedLondon
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.
In the news
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.