BASIGO RAISED US$6.6M TO BUILD ELECTRIC BUSES IN KENYA

BASIGO RAISED US$6.6M TO BUILD ELECTRIC BUSES IN KENYA

Electric buses start-up BasiGo has raised Sh804.5 million ($6.6 million) from international investors to build more electric buses, and charging points. The investment round was led by Mobility54, the corporate venture capital arm of Toyota Tsusho, Trucks VC, a transportation-focused venture capital fund in Silicon Valley, and Novastar Ventures, a global VC supporting entrepreneurs transforming markets in Africa. Others who participated are Moxxie Ventures, My Climate Journey (MCJ), Susquehanna Foundation, Keiki Capital, capitalize additional  The…

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