Africa: EV Maker Spiro Bags Fresh $55m From Newtrails Capital
Spiro raised an additional $55 million from NewTrails Capital, bringing its latest funding round to $270 million as the electric motorcycle and battery-swapping company expands across Africa. The investment follows a $215 million equity raise announced earlier this month. Spiro’s total disclosed funding now stands at about $557 million, making it one of Africa’s most…