What is Zembo?
Zembo is at the forefront of Africa's e-mobility revolution, providing commercial drivers, including motorbike taxi and delivery riders, with access to affordable electric motorbikes and efficient battery swap stations. The company's commitment to local design, manufacturing, and assembly ensures its products are precisely tailored to the needs of African riders. Beyond its innovative vehicle solutions, Zembo actively contributes to economic development through substantial job creation and fostering local innovation within the burgeoning e-mobility sector.
How much funding has Zembo raised?
Zembo has raised a total of $4.4M across 2 funding rounds:
Unspecified
$3.4M
Other Financing Round
$1M
Unspecified (2021): $3.4M with participation from Mobility 54 Investment, DOB Equity, and InfraCo Africa
Other Financing Round (2025): $1M led by Fmo
Key Investors in Zembo
Mobility 54 Investment
Mobility 54 Investment is a venture capital firm focused on mobility solutions in Africa, likely investing in companies that are developing innovative transportation technologies and services to address the continent's unique challenges.
DOB Equity
DOB Equity is an investment firm that focuses on innovative, scalable, and impactful companies in East Africa, supporting businesses that contribute to a sustainable and resilient society while ensuring long-term profitability.
InfraCo Africa
InfraCo Africa, part of PIDG, is a project development organization offering financial solutions to transform markets and create impact in areas such as sustainable development and infrastructure.
What's next for Zembo?
With this substantial enterprise-level backing and a recent strategic investment, Zembo is poised for accelerated expansion and operational scaling. The company is expected to further enhance its network of battery swap stations, broaden its electric motorbike fleet offerings, and deepen its market penetration across key African regions. This infusion of capital will likely fuel advancements in battery technology and charging infrastructure, solidifying Zembo's position as a leader in sustainable urban logistics and a key player in Africa's transition to electric mobility.
See full Zembo company page
