Ampersand

Rwanda
Kigali, Kigali, Rwanda

Company profile

Ampersand company profile

Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. As of January 2024, 2000 Ampersand customers are covering 1.5 million km a week in Nairobi and Kigali.

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
251-500 employees
Revenue range
$10M-$100M
Founded
2016-01-01, Year

Headquarters

Country code
RW
Continent
Africa

Capital profile

Funding and company signals

Funding rounds
18
Total equity funding
$18M
Last funding
Series Unknown / 2025-08-16
Last equity funding
Series Unknown
Investors
25
Lead investors
7
Founders
4
Articles
8

Founders and investors

Founders

Alp TilevEmmanuel HakizimanaJosh WhaleOlaf Lange

Lead investors

Africa GoGreen FundBritish International InvestmentEcosystem Integrity FundFONERWAImpactAssetsShell FoundationU.S. International Development Finance Corp

Investors

AcumenAfrica GoGreen FundBritish International InvestmentEcosystem Integrity FundU.S. International Development Finance Corp