BasiGo

BasiGo Series A

Funding Round
BasiGoOctober 23, 20241y ago

Amount Raised

$24M

Date Announced

Oct 23, 2024

1y ago

Disclosed Investors

8

1 lead

Linked Sources

1

BasiGo Series A round record, dated Oct 23, 2024, amount listed $24M, 8 disclosed investors.

Notes

According to Jit Bhattacharya, CEO of BasiGo: “Since we founded BasiGo in 2021, our mission has been to create the future of clean, electric public transport in Africa. We are thrilled to have Africa50, a premier African infrastructure investment fund, recognize the potential of our mission. The combined equity and debt investment into BasiGo validates our business model and enables BasiGo to focus on scale and profitability. With BII’s support to expand our E-bus model in Rwanda, we are ready to deliver hundreds of modern, emissions-free electric buses across East Africa.”

Disclosed Investors (8)
Lead Investor
Africa50

Private Equity

Participating
CFAO Kenya

Venture Capital

SBI Investment

Private Equity

Moxxie Ventures

Venture Capital

Record Details
Date announced
October 23, 2024
Round
Series A
Amount raised
$24,000,000
Pre-money valuation
Post-money valuation
Disclosed investors
8
Lead investors
1
Linked sources
1