# Ampersand E-Mobility

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ampersand-e-mobility

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Kigali, Rwanda
- Website: www.ampersand.solar
- Total disclosed funding: $5.5M
- Latest round: Series A (Aug 29, 2024)
- Investors on record: 6

## About

Founded in 2015 and based in Kigali, Rwanda, Ampersand E-Mobility operates as an electric transport energy company. The company was founded by Josh Whale (CEO) and Alp Tilev (CTO). In August 2025, Ampersand E-Mobility raised an undisclosed amount of venture funding from new investors Seedstars Africa Ventures, Gaia Impact Fund, Raspberry Ventures, and Rwanda Green Fund, with participation from returning investors Ecosystem Integrity Fund, AHL Venture Partners, Acumen, and TotalEnergies. Other unspecified investors also participated in the round. Ampersand E-Mobility designs and manufactures electric motorcycles and charging systems in Africa. The firm’s motorcycles are designed to be affordable and are compatible with battery-swapping stations, allowing riders to quickly replace depleted batteries. The company will use the August 2025 funding to accelerate its technological development, expand its electric motorcycle fleet, and enlarge its battery-swapping infrastructure in East Africa.

## Funding rounds

- Series A, Aug 29, 2024, $2M — Acumen, Ecosystem Integrity Fund, AHL Venture Partners, Everstrong Capital, Beyond Capital, Hard Edged Hope Fund
- Series A, Aug 4, 2021, $3.5M — Ecosystem Integrity Fund

## Investors

- Ecosystem Integrity Fund (https://capitalatlas.ai/funds/ecosystem-integrity-fund) — Series A
- Acumen (https://capitalatlas.ai/funds/acumen) — Series A
- AHL Venture Partners (https://capitalatlas.ai/funds/ahl-venture-partners) — Series A
- Everstrong Capital — Series A
- Beyond Capital — Series A
- Hard Edged Hope Fund — Series A