Zeno Raises $25 Million Series A to Expand Electric Mobility and…

Team S · 2026-03-05T14:51:00.000Z

Electric mobility and distributed energy startup Zeno has secured $25 million through a combination of Series A equity and debt financing, supporting its mission to accelerate sustainable transportation across emerging markets. The company develops integrated electric mobility solutions by combining vehicle design, battery technology, and charging infrastructure into a unified platform aimed at improving the efficiency of two- and three-wheel electric vehicles. Zeno focuses on building a comprehensive ecosystem for electric mobility that integrates charging infrastructure with vehicle and battery development. Its platform enables multi-modal charging options including battery swapping, public fast charging, and home charging solutions, designed specifically for electric two- and three-wheel vehicles. The $25 million Series A round, structured as equity and debt financing, was led by Congruent Ventures with participation from Active Impact and Lowercarbon. In addition, Trifecta Capital and Camber Road provided debt facilities as part of the financing structure. The funding reflects increasing investor confidence in electric mobility solutions aimed at emerging markets. Zeno currently operates in four cities across East Africa and has established a charging network of more than 150 charge point locations. The company plans to use the new capital to expand its electric mobility platform, strengthen its charging network, and scale operations in key markets where demand for affordable electric transportation is rising rapidly.

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Zeno Raises $25 Million Series A to Expand Electric Mobility and… | Newnex