Company profile
ARC Ride Global Limited
ARC Ride Global Limited is a Kenya-based electric mobility company headquartered in Nairobi. Founded in 2019 by British entrepreneur Joseph Hurst-Croft, the company designs, manufactures and assembles electric two- and three-wheelers tailored for African markets, operating a Battery-as-a-Service (BaaS) model built around an automated battery-swapping network. ARC Ride's batteries are described as open-architecture and interoperable across multiple motorcycle brands.
- Sector
- Consumer / Energy Storage (Battery), Automobiles
- Markets
- South Africa, Kenya
- Founded
- 2019
- Ownership
- Private
- Stage
- Scale-up
- Capital raised
- $53.3m
- Employees
- 11-50
- Business model
- B2C Rental/Leasing, Transactional, Manufacturing
Products and services
Corbett EV, Bidii Boda EV, LFP Battery Swap Pack, ARC Ride Battery Swap Station Network, ARC Ride BaaS Subscription & ARC Ride Mobile App
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 8 Sep 2026 | Novastar Ventures, Norrsken22 and partners invest USD 33.3 million in ARC Ride's operations in sub-Saharan Africa and South Africa | Venture Capital | $33.3m | Kenya |
| 17 Feb 2026 | International Finance Corporation's (IFC) Investment in Arc Ride's Operations in East Africa for USD 5 million | Venture Capital | $5m | South Africa |
| 1 Dec 2025 | Novastar Ventures Africa People and Planet Fund III Invest in ARC Ride's Operations in Kenya | Venture Capital | Undisclosed | South Africa |
Source: Partner Researchers.