Zeno raises $25M to speed up production of its battery-swap motorbikes

Zeno raises $25M to speed up production of its battery-swap motorbikes

The EV transition might have hit a hurdle in the U.S., but it’s not slowing down in East Africa, where several startups are vying for a piece of the burgeoning electric motorbike market.

Zeno is one of those companies, and this week it announced a $25 million Series A to expand its app-controlled battery-swap network and produce more of its Emara motorcycles.

About $20.5 million of the total was an equity fundraise, Zeno co-founder and CEO Michael Spencer told TechCrunch. It was led by Congruent Ventures with participation from Active Impact and Lowercarbon Ventures. The remaining $4.5 million is a debt facility from Camber Road and Trifecta Capital.

Zeno had previously raised a $9.5 million seed round led by Lowercarbon Ventures and Toyota Ventures.

Since emerging from stealth a-year-and-a-half ago, Zeno has built more than 800 of its Emara motorbikes and set up more than 150 charging locations across four countries in East Africa.

Two motorbikes with riders are parked in front of a lake.
The Zeno Emara has a long seat to carry passengers and cargo.Image Credits:Zeno /

Motorbikes are a cornerstone of transportation in the region, and Zeno is betting that it can attract riders by offering 50% lower operating costs than internal combustion bikes. The company said more than 25,000 retail and fleet customers are waiting to get their hands on an Emara, and it’s producing about 70 to 80 bikes per week. The new round will be used to fulfill that demand. 

The Emara can drive about 100 kilometers (60 miles) on a single charge and can carry up to 250 kilograms (550 pounds), Zeno says. The bike sells for about $1,300 without a battery, and about $2,000 with.

Techcrunch event

San Francisco, CA | October 13-15, 2026

The bike provides 8 kilowatts of peak power, about the same as a 150 cc internal combustion engine, but because all of its torque is available from a standstill, it can go up steep hills fully laden — a boon for bodaboda operators, who routinely ferry passengers and cargo on bikes.

Customers who forgo the battery at purchase can subscribe to a monthly or pay-per-use plan. They can charge the bikes at home or at one of Zeno’s swap stations. 

Similar to Slate Auto in the U.S., Zeno is selling a range of accessories and wraps so buyers can customize their rides.

To sweeten the deal, Zeno also plans to offer a battery dock that homes and businesses can use to power lights and appliances. The dock is currently being prototyped, Spencer said, and about a dozen customers are testing the product.

If Zeno can commercialize the battery dock, it could entrench itself in the region’s electrical infrastructure. Much of East Africa’s power grid is in poor shape, which has provided an opening for companies to provide more modular power products. Some are helping develop mini- and microgrids, while others like Zeno are betting that portable, modular batteries will find a permanent niche. 

When Spencer co-founded the company, he drew inspiration from his previous employer, Tesla, and its first master plan, which sought to deploy EVs and clean power at scale. The idea, he told me in 2024, “has more legs and more room to run with lower hurdles in emerging markets.”

Tim De Chant is a senior climate reporter at TechCrunch. He has written for a wide range of publications, including Wired magazine, the Chicago Tribune, Ars Technica, The Wire China, and NOVA Next, where he was founding editor.

De Chant is also a lecturer in MIT’s Graduate Program in Science Writing, and he was awarded a Knight Science Journalism Fellowship at MIT in 2018, during which time he studied climate technologies and explored new business models for journalism. He received his PhD in environmental science, policy, and management from the University of California, Berkeley, and his BA degree in environmental studies, English, and biology from St. Olaf College.

You can contact or verify outreach from Tim by emailing tim.dechant@techcrunch.com.

View Bio

Sponsorluk
Sponsorluk
Upgrade to Pro
Choose the Plan That's Right for You
Sponsorluk
Sponsorluk
Reklam
Read More
Download the Telestraw App!
Download on the App Store Get it on Google Play
×