Kenya’s EV Pioneer ARC Ride Drives Forward with $10 Million Boost from Mirova
Mirova, a sustainability-focused investment firm based in Paris, has committed $10 million to ARC Ride, a Kenyan electric mobility startup. This marks Mirova’s inaugural investment...
Mirova, a sustainability-focused investment firm based in Paris, has committed $10 million to ARC Ride, a Kenyan electric mobility startup. This marks Mirova’s inaugural investment in Africa’s electric vehicle sector. The capital injection comes from Mirova’s $282 million Gigaton Fund, which targets climate-driven ventures in emerging economies. This funding will support ARC Ride’s expansion of...