ARC Ride Debt Financing
Amount Raised
$10M
Date Announced
Sep 08, 2026
1mo ago
Disclosed Investors
2
Linked Sources
4
ARC Ride Debt Financing round record, dated Sep 08, 2026, amount listed $10M, 2 disclosed investors.
$10M debt facility from British International Investment's Kinetic programme and Mirova, announced 8 Sep 2026 as part of ARC Ride's $33.3M financing package (the ~$23.3M Series A equity portion is funding 1506989; do not add the $33.3M package total on top of these two rows). Disrupt Africa and InsightEV present it as distinct from the $10M Mirova Gigaton Fund debt facility of Sept 2025 (funding 1462620). Closing date not disclosed.
proparco.fr
Kenya: Proparco invests USD 1.5 million in Arc Ride's funding round - Proparco, 8 Sep 2026 (USD 23M Series A + USD 10M debt)
disruptafrica.com
Kenya's ARC Ride secures $33.3m financing to scale electric mobility infrastructure - Disrupt Africa, 9 Sep 2026
launchbaseafrica.com
Inside ARC Ride's $33.3m Bet on Beating Petrol - Launch Base Africa, 11 Sep 2026 ($10M debt from BII Kinetic and Mirova)
techcabal.com
African startups raise $2.49B in 9 months as Q3 rebounds - TechCabal, 15 Oct 2026