Lease-to-own electric motorbikes for East African boda boda riders
Arc Ride is an East African electric motorbike startup providing e-bikes to boda boda riders via a lease-to-own model, making EV adoption accessible without upfront cost. Received $5M equity from the IFC (World Bank Group) in early 2026 as institutional confidence in Africa's e-mobility sector surged alongside Spiro's mega-rounds.
Founded
2021Founders
UndisclosedValuation
UndisclosedElectric motorcycles and battery-swapping infrastructure for East Africa
Electric buses and pay-as-you-drive infrastructure for East Africa
Ultra-efficient clean cookstoves manufactured in Kenya