Roam, a Nairobi-based electric vehicle firm, is crowdfunding millions of dollars to accelerate the growth of electric mobility in Africa.
The raise is being conducted on Crowdcube, Europe’s largest and the world’s frst equity crowdfunding platform.
Roam is making available a limited allocation of its upcoming Pre-Series B fundraising round on a first-come, first-served basis.
“We’ve proven that electric mobility is possible, affordable, and scalable in Africa,” said Filip Lövström, CEO and Co-Founder, Roam. “This crowdfunding campaign is about inclusion. We want anyone within our community, and supporters of our mission, to now be able to join us on our continued journey as a shareholder.”
The campaign targets the African motorcycle market, one of the world’s largest and fastest-growing mobility sectors, valued at over $15 billion annually. Investors have the opportunity to be part of a defning clean technology shift, helping to reduce emissions, cut fuel dependency, and empower millions of entrepreneurs across Africa. The journey continues by scaling Roam’s fagship motorcycle and expanding its charging network.
Roam has built a solid growth path, supported by global partners like Bolt, Hitachi, DHL, TotalEnergies, Wells Fargo, and M-KOPA. The company operates from Roam Park in Nairobi, which has an annual production capacity of over 50,000 motorcycles and is powered by Kenya’s 80% renewable energy grid. The company’s momentum is fueled by partners like M-KOPA, Africa’s largest Pay-As-You-Go fnancier, which makes the Roam electric motorcycle accessible through daily micro-payments.
Roam motorcycles are also being used for ride-hailing by drivers for Bolt and Uber, offering a sustainable alternative for urban transport. To support its vehicles, Roam is building a solar-powered charging infrastructure supported by TotalEnergies and European grants. This network already spans across Kenya, with the capacity to serve thousands of riders daily, and is ready to scale across borders.