/Companies

ARC Ride

9 known investors

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Novastar Fund III (NVIII) portfolio company.

Founders & leadership

KBKarl Boyce
Karl BoyceCo-FounderKarl Boyce founded ARC Power, an off-grid and on-grid electricity developer operating in East and Southern Africa with projects in Rwanda and Mozambique.

Investors · 9

Also in the syndicate · 3

International Finance Corporation (IFC)Musashi SeimitsuTalanton

Funding

SEC filings, press & company announcements

$33.3M disclosed across 1 round · 2026

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Frequently asked questions

What does ARC Ride do?
Novastar Fund III (NVIII) portfolio company.
Who founded ARC Ride?
ARC Ride was founded by Karl Boyce.
Who are ARC Ride's investors?
ARC Ride's investors include Novastar Ventures, British International Investment, International Finance Corporation, Mirova, Norrsken22, Proparco.
How much funding has ARC Ride raised?
ARC Ride has disclosed $33.3M raised across 1 round.