Ampersand Accelerates: $2 Million to Revolutionize Electric Mobility in Rwanda

Ampersand, a Rwandan startup specializing in electric transportation, has just reached a new milestone in its development. The company recently raised an additional $2 million, adding to the $19.5 million obtained the previous year. This new financial input comes notably from AHL Venture Partners and Everstrong Capital, two renowned investment funds, while Beyond Capital Ventures has strengthened its participation. Founded in 2016 by John Whale, Ampersand has set out to revolutionize transportation in East Africa by offering mobility solutions that are both economical and environmentally friendly. The company currently focuses…

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