African E-Mobility Startup Spiro Raises $215 Million at Near-$1 Billion Valuation

businessvctechstartups 2 posts · 2 accounts

African electric-mobility startup Spiro raised $215 million from European and African investors at a valuation close to $1 billion, the threshold for unicorn status.

Spiro owns more than 100,000 electric bikes. The company had previously raised $100 million in 2025 and secured $50 million of debt in 2026.

From the sources (2 posts)

@business

African electric-mobility startup Spiro raised $215 million backed by European and African investors as it nears $1 billion in value, or so-called unicorn status

@techmeme

African e-mobility startup Spiro, which owns 100K+ electric bikes, raised $215M at a near-$1B valuation, after raising $100M in 2025 and $50M debt in 2026 (@loniprinsloo1 / Bloomberg) (Visit Techmeme dot com for the link and full context!)

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