Zeno Secures New Funding to Scale EV Production
Zeno has raised $25 million in new funding. The investment includes Series A equity and venture debt financing. The equity round was led by Congruent Ventures.
Other investors also joined the round. Advantedge Founders invested $2 million. Debt financing came from Trifecta Capital and Camber Road. Earlier, Zeno had raised $9.5 million in seed funding led by Lowercarbon Capital.
Mission: Build Electric Mobility in East Africa
Zeno aims to expand electric mobility across East Africa. The company already operates in four cities in the region. It offers the Emara electric motorcycle along with advanced battery systems.
In addition, the company develops charging solutions. These charging systems support electric two-wheelers and three-wheelers. As a result, riders can access reliable power for daily transport.
Benefits for Riders and Urban Transport
The new funding will help Zeno expand its charging network. It will also increase vehicle production. This is important because the company reports a waitlist of more than 25,000 customers.
More production means faster deliveries for riders. Expanded charging infrastructure will also improve convenience. Together, these steps can support cleaner and cheaper urban transport in East Africa.
