Ampersand
Electric motorbike company
Location: Rwanda
Website: https://www.ampersand.solar/
Sector: Logistics & Transport
Funding Stage: Grant Venture Round Venture Round Series A Venture Round
Total Funding ($m): $25.1M
# of Founders: 2
Founding Year: 2014
Funding Year: 2023
Status: Active
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2020 | $0.6m | Grant | Shell Foundation |
| 2021 | $3.5m | Venture Round | Ecosystem Integrity Fund |
| 2023 | $12m | Venture Round | Ecosystem Integrity Fund, Acumen Fund, Hard Edged Hope Fund, AlphaMundi, Societe Petroliere du Rwanda, Total Energies, Beyond Capital Ventures |
| 2024 | $2m | Series A | AHL Venture Partners, Everstrong Capital, Beyond Capital |
| 2025 | $7m | Venture Round | Seedstars Africa Ventures and Gaia Impact, Rwanda Green Fund and Raspberry Syndicate, Ecosystem Integrity Fund, AHL Ventures, Acumen, and TotalEnergies |
| Josh Whale , Alp Tilev , , |
Grant $0.6m
Shell Foundation
Venture Round $3.5m
Ecosystem Integrity Fund
Venture Round $12m
Ecosystem Integrity Fund, Acumen Fund, Hard Edged Hope Fund, AlphaMundi, Societe Petroliere du Rwanda, Total Energies, Beyond Capital Ventures
Series A $2m
AHL Venture Partners, Everstrong Capital, Beyond Capital
Venture Round $7m
Seedstars Africa Ventures and Gaia Impact, Rwanda Green Fund and Raspberry Syndicate, Ecosystem Integrity Fund, AHL Ventures, Acumen, and TotalEnergies