Ampersand (Rwanda) Overview

  • Founded
  • 2014
Founded
  • Status
  • Private
  • Employees
  • 15
Employees
  • Latest Deal Type
  • Series A
  • Latest Deal Amount
  • $4M
Latest Deal Amount
  • Investors
  • 9

Ampersand (Rwanda) General Information

Description

Manufacturer of electric vehicles and charging systems designed to reduce CO2 emissions and improve profitability. The company's cargo and electric taxi motorcycles can be charged through solar panels and are compatible with battery swapping systems, enabling taxi drivers to reduce operational and capital costs.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Road
Other Industries
Energy Storage
Automotive
Other Commercial Products
Primary Office
  • Gorilla Motors
  • Kigali
  • Rwanda

Ampersand (Rwanda) Timeline

2018201920202021
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Ampersand (Rwanda) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series A) 15-Jun-2021 $4M 00.000 Completed Generating Revenue
5. Later Stage VC (Series A) 19-Aug-2020 Cancelled Generating Revenue
4. Grant 01-Jul-2020 000.00 Completed Generating Revenue
3. Debt - General 06-Mar-2020 000.00 Completed Generating Revenue
2. Seed Round 05-Jul-2019 $19.9K Completed Generating Revenue
1. Accelerator/Incubator 02-Sep-2014 $19.9K $19.9K Completed Startup
To view Ampersand (Rwanda)’s complete valuation and funding history, request access »

Ampersand (Rwanda) Executive Team (3)

Name Title Board Seat Contact Info
Joshua Whale Co-Founder & Chief Executive Officer
Andy Williams Chief Financial Officer
Alp Tilev Co-Founder & Chief Technology Officer
To view Ampersand (Rwanda)’s complete executive team members history, request access »

Ampersand (Rwanda) Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Ampersand (Rwanda) Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
The Ecosystem Integrity Fund Venture Capital Minority 000 0000 000000 0
TotalEnergies Ventures Corporate Venture Capital Minority 000 0000 000000 0
New Zealand Government Government 000 0000 000000 0
Shell Foundation Impact Investing 000 0000 000000 0
UK Innovation Agency Government 000 0000 000000 0
You’re viewing 5 of 9 investors. Get the full list »