Zembo

Zembo Grant

Funding Round
Zembo•November 12, 2021•4y ago

Amount Raised

$3.4M

Date Announced

Nov 12, 2021

4y ago

Disclosed Investors

3

Linked Sources

1

Zembo Grant round record, dated Nov 12, 2021, amount listed $3.4M, 3 disclosed investors.

Notes

Zembo’s co-founder Étienne Saint-Sermin stated, “We’re delighted to continue creating electric boda bodas and charging stations for our consumers in collaboration with impact-focused institutions like InfraCo Africa, DOB Equity, and Mobility 54. Our donors support Zembo’s objective to boost earnings for Uganda’s ‘boda boda’ riders while also reducing air pollution, which is a driving reason for this relationship. We look forward to serving our consumers and making sustainable mobility a reality in Uganda.”

Disclosed Investors (3)
InfraCo Africa

Venture Capital

DOB Equity

Venture Capital

Mobility 54

Angel Investor

Record Details
Date announced
November 12, 2021
Round
Grant
Amount raised
$3,400,000
Pre-money valuation
—
Post-money valuation
—
Disclosed investors
3
Lead investors
0
Linked sources
1