Kenya’s Roam Opens Pre-Series B Round to Retail Investors

 

Kenya’s electric mobility pioneer Roam has announced the opening of its Pre-Series B funding round to retail investors, marking a significant step toward democratizing investment in Africa’s clean transportation revolution. The move comes as the company accelerates its mission to make electric mobility accessible and sustainable across the continent. By opening this round to smaller, individual investors, Roam aims to deepen public participation in Africa’s green transition while expanding its manufacturing and distribution capacity for electric motorcycles, buses, and charging infrastructure.

Founded in 2017, Roam (formerly known as Opibus) has established itself as one of Africa’s most promising electric vehicle (EV) startups, with operations centered in Nairobi. The company designs, manufactures, and deploys locally built electric motorcycles and mass transit buses tailored for African conditions. Roam’s decision to welcome retail investors in its upcoming Pre-Series B round reflects its commitment to inclusive growth—allowing ordinary investors to own a stake in a company at the forefront of Kenya’s clean mobility sector. This development is particularly significant in a market traditionally dominated by institutional and venture capital investors.

The new fundraising round is expected to fuel Roam’s expansion in production capacity, charging infrastructure, and regional distribution. The company recently unveiled Roam Move, its next-generation electric motorcycle designed for affordability and high performance, as well as Roam Rapid, an all-electric bus intended for urban mass transit systems. These vehicles are engineered to reduce emissions, cut fuel costs, and promote sustainable transport solutions across East Africa. The funds raised from retail investors will help Roam scale production to meet growing demand from both private consumers and public transport operators.

Kenya’s government has been a strong advocate of e-mobility, positioning the sector as a key pillar of its green growth and climate resilience agenda. Through policy incentives, tax breaks, and infrastructure development, the state has encouraged innovation in electric mobility to reduce dependence on imported fossil fuels. Roam’s leadership in the sector aligns with Kenya’s target to transition at least 5% of all registered vehicles to electric by 2025. The company’s commitment to local manufacturing also contributes to job creation and skills development in advanced automotive technology, positioning Kenya as a hub for sustainable transport innovation.

Opening the Pre-Series B round to retail investors represents more than a funding milestone—it is a statement of inclusion and trust in the power of collective investment. Platforms enabling micro-investments and crowdfunding have made it possible for ordinary Kenyans and international supporters to back high-impact ventures like Roam. The company’s transparency, strong ESG (Environmental, Social, and Governance) framework, and proven track record of innovation make it an attractive opportunity for socially conscious investors seeking long-term growth potential.

As global attention shifts toward clean energy and sustainable urban transport, Roam stands out as a trailblazer from Africa shaping the continent’s green future. Its expansion plans, supported by a diverse investor base, could set a precedent for how African startups engage the public in solving pressing climate and mobility challenges. By bridging technology, sustainability, and inclusivity, Roam’s Pre-Series B initiative not only propels Kenya’s e-mobility ambitions forward but also underscores Africa’s readiness to lead in the global transition toward zero-emission transportation.

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