Founded in 2022 by former Tesla executive Michael Spencer, Zeno offers a vertically integrated solution that combines battery swapping stations, public fast chargers, home charging, a cloud-based operating system, and its Emara electric motorcycle. The company has already deployed more than 150 charge-point locations and operates in four East African cities, serving close to 1,000 motorbike and energy-subscription customers. Its technology claims to cut operating costs by 50% versus internal-combustion alternatives, and over 25,000 retail and fleet customers are on its waitlist. Zeno has completed development of three charging products, a proprietary battery system, and its first vehicle model. With offices in San Francisco, Nairobi, and Bangalore, the team includes alumni from Tesla, Ather, Zoom, and Ola Electric. New capital will be used to scale the charging network and ramp up Emara motorcycle production. Before the current round, the company had secured $9.5 million in seed funding led by Lowercarbon Capital.

Total raised

$35M

Funding rounds

3

Latest round

Series A

Latest activity

Mar 2026