Novastar Ventures and Norrsken22 Back ARC Ride’s $33.3 Million Round
ARC Ride has closed a $33.3 million financing round led by Novastar Ventures and Norrsken22, capital the Kenyan electric mobility startup will use to expand its battery swapping network across four new African markets while adding 5,000 electric motorcycles to its existing fleet. The round combines a $23 million Series A equity component with $10…
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