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BasiGo: Electric bus provider offering electric buses and charging infrastructure for public transport in East Africa, focused on electrification.
BasiGo is a Nairobi, Kenya-based e-mobility technology company that provides electric buses and charging infrastructure to public transport operators through a mileage-based subscription financing model. The enterprise enables local transit owners to match the upfront costs of traditional diesel vehicles while paying a daily fee that covers battery leasing, charging, and maintenance. Operating with approximately 80 employees, the company manages a fleet of 64 active electric buses that have transported over eight million passengers across East Africa. The firm has secured over $50 million in total equity and debt funding, backed by recognizable investors including Africa50, British International Investment, and Novastar Ventures. To support its goal of deploying 1,000 buses by 2025, the organization established Kenya's first dedicated electric bus assembly line in partnership with Associated Vehicle Assemblers. BasiGo was founded in 2021 by Jit Bhattacharya and Jonathan Green.
BasiGo has raised $50.8M across 8 funding rounds.
BasiGo has raised $50.8M in total across 8 funding rounds.
BasiGo is an African e-mobility company that builds and finances electric buses and supporting charging and service infrastructure to help bus operators replace diesel fleets with low‑carbon alternatives using a pay‑as‑you‑drive financing model[2][1].
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: BasiGo addresses a large, tangible emissions and mobility problem in African cities through an integrated product + financing model that has shown initial operational traction and drawn climate/development capital; the company’s next phase will test whether that model scales cost‑effectively across multiple markets and can catalyze a local e‑mobility ecosystem[2][6][3].
BasiGo has raised $50.8M in total across 8 funding rounds.
BasiGo's investors include Metanoia, Novastar Ventures, Pipeline Angels, Trucks Venture Capital, CFAO, British International Investment.
BasiGo has raised $50.8M across 8 funding rounds. Most recently, it raised $24.0M Series A in October 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2024 | $24.0M Series A | Metanoia, Novastar Ventures, Pipeline Angels, Trucks Venture Capital | |
| Jul 11, 2024 | $230K Grant | ||
| Apr 11, 2024 | $3.0M Other Equity | CFAO | |
| Dec 8, 2023 | $5.0M Debt | British International Investment | |
| Nov 15, 2022 | $6.6M Other Equity | ||
| Nov 1, 2022 | $7.0M Seed | Novastar Ventures, Trucks Venture Capital | |
| Feb 1, 2022 | $4.0M Seed | Novastar Ventures | Trucks Venture Capital |
| Nov 2, 2021 | $1.0M Pre-Seed |