# Spiro funding: rounds and investors > Spiro has raised $508M across 5 rounds since 2025. Investors include AfricaGoGreen Fund, Fund for Export Development in Africa (FEDA) and Afreximbank. Source: https://millionrounds.com/company/spiro (Millionrounds; every figure on the page links to its filing or article) Kenya · [Funded startup](https://millionrounds.com/companies) # Who invested in *Spiro* 5 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Automotive & EVs Cleantech Energy Logistics Raised 2 months ago Follow Spiro and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fspiro) Funding summary Updated 5 Nov 2026 **$508M** raised across 5 rounds since 2025, from 17 sources **$100M** Growth **$215M** Growth **$125M** Round - **Latest round:** Debt, $18M Sept 2026 - **Led by:** AfricaGoGreen Fund - **Biggest round:** $215M Growth · Jun 2026 - **Investors:** 13 (5 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2026 **$100M** Growth **$50M** Debt **$215M** Growth **$125M** Round **$18M** Debt - **First round:** Growth, $100M - **Biggest round:** $215M - **Usual gap between rounds:** 3 months ## The rounds - **Sept 2026** Debt **$18M** *1 returning* [AfricaGoGreen Fund](https://millionrounds.com/fund/africa-go-green-fund) Lead Reported by Disrupt Africa and 1 other - **Jul 2026** Round **$125M** *2 new* *3 returning* [Afreximbank](https://millionrounds.com/fund/afreximbank) Lead [NewTrails Capital](https://millionrounds.com/fund/newtrails-capital) Lead [AfricaGoGreen Fund](https://millionrounds.com/fund/africa-go-green-fund) [Nithio](https://millionrounds.com/fund/nithio) [FEDA](https://millionrounds.com/fund/feda) Reported by Disrupt Africa and 2 others - **Jun 2026** Growth **$215M** *2 new* *1 returning* [Impact Fund Denmark (formerly IFU)](https://millionrounds.com/fund/impact-fund-denmark) [Fund for Export Development in Africa (FEDA)](https://millionrounds.com/fund/fund-for-export-development-in-africa-feda) [Equitane](https://millionrounds.com/fund/equitane) Reported by Disrupt Africa and 3 others - **Feb 2026** Debt **$50M** *6 new* [Societe Generale](https://millionrounds.com/fund/societe-generale-2) [AfricaGoGreen Fund](https://millionrounds.com/fund/africa-go-green-fund) [Nithio](https://millionrounds.com/fund/nithio) [Afreximbank](https://millionrounds.com/fund/afreximbank) [African Export-Import Bank](https://millionrounds.com/fund/african-export-import-bank-afreximbank) [Africa Go Green Fund managed by Cygnum Capital](https://millionrounds.com/fund/africa-go-green-fund-managed-by-cygnum-capital) Reported by Disrupt Africa and 3 others - **Oct 2025** Growth **$100M** *3 new* [Fund for Export Development in Africa (FEDA)](https://millionrounds.com/fund/fund-for-export-development-in-africa-feda) Lead [Afreximbank's Fund for Export Development in Africa (FEDA)](https://millionrounds.com/fund/afreximbank-s-fund-for-export-development-in-africa-feda) Lead [The Fund for Export Development in Africa (FEDA)](https://millionrounds.com/fund/the-fund-for-export-development-in-africa-feda) Reported by Disrupt Africa and 3 others ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Growth** 2025 **Debt** 2026 **Growth** 2026 **Round** 2026 **Debt** 2026 [AfricaGoGreen Fund](https://millionrounds.com/fund/africa-go-green-fund) L [Fund for Export Development in Africa (FEDA)](https://millionrounds.com/fund/fund-for-export-development-in-africa-feda) L [Afreximbank](https://millionrounds.com/fund/afreximbank) L [Nithio](https://millionrounds.com/fund/nithio) [Afreximbank's Fund for Export Development in Africa (FEDA)](https://millionrounds.com/fund/afreximbank-s-fund-for-export-development-in-africa-feda) L [NewTrails Capital](https://millionrounds.com/fund/newtrails-capital) L [Societe Generale](https://millionrounds.com/fund/societe-generale-2) [Impact Fund Denmark (formerly IFU)](https://millionrounds.com/fund/impact-fund-denmark) [African Export-Import Bank](https://millionrounds.com/fund/african-export-import-bank-afreximbank) [Africa Go Green Fund managed by Cygnum Capital](https://millionrounds.com/fund/africa-go-green-fund-managed-by-cygnum-capital) ## Everyone who backed them [AfricaGoGreen Fund](https://millionrounds.com/fund/africa-go-green-fund) Private credit **3** rounds, led 1 [Fund for Export Development in Africa (FEDA)](https://millionrounds.com/fund/fund-for-export-development-in-africa-feda) Corporate VC **2** rounds, led 1 [Afreximbank](https://millionrounds.com/fund/afreximbank) Investment firm **2** rounds, led 1 [Nithio](https://millionrounds.com/fund/nithio) Growth equity **2** rounds [Afreximbank's Fund for Export Development in Africa (FEDA)](https://millionrounds.com/fund/afreximbank-s-fund-for-export-development-in-africa-feda) Growth equity **1** round, led 1 [NewTrails Capital](https://millionrounds.com/fund/newtrails-capital) Investment firm **1** round, led 1 [Societe Generale](https://millionrounds.com/fund/societe-generale-2) Corporate VC **1** round [Impact Fund Denmark (formerly IFU)](https://millionrounds.com/fund/impact-fund-denmark) Government **1** round [African Export-Import Bank](https://millionrounds.com/fund/african-export-import-bank-afreximbank) Government **1** round [Africa Go Green Fund managed by Cygnum Capital](https://millionrounds.com/fund/africa-go-green-fund-managed-by-cygnum-capital) Investment firm **1** round [Equitane](https://millionrounds.com/fund/equitane) Growth equity **1** round [FEDA](https://millionrounds.com/fund/feda) Investment firm **1** round [The Fund for Export Development in Africa (FEDA)](https://millionrounds.com/fund/the-fund-for-export-development-in-africa-feda) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=spiro). ## Quick answers about Spiro ### Who invested in Spiro? Spiro's investors include AfricaGoGreen Fund, Fund for Export Development in Africa (FEDA), Afreximbank, Nithio and Afreximbank's Fund for Export Development in Africa (FEDA), and 8 more on record. AfricaGoGreen Fund led its latest round. ### How much has Spiro raised? Spiro has raised $508M across 5 rounds since 2025. ### When did Spiro last raise? Spiro's most recent round was a Debt of $18M in Sept 2026, led by AfricaGoGreen Fund. ### What was Spiro's biggest round? Spiro's largest round on record is $215M (Growth), in Jun 2026. ### Who backed Spiro first? Spiro's first round on record, in Oct 2025, was backed by Fund for Export Development in Africa (FEDA), Afreximbank's Fund for Export Development in Africa (FEDA) and The Fund for Export Development in Africa (FEDA). ### What stage is Spiro at? Spiro's latest named round is a Debt, in Sept 2026. ### Where is Spiro based? Spiro is based in Kenya. ### Who led Spiro's rounds? Fund for Export Development in Africa (FEDA) led the Growth in 2025; Afreximbank led the Undisclosed round in 2026; AfricaGoGreen Fund led the Debt in 2026. ## Companies like Spiro In the same sector, and raised in the last eighteen months. [**Madica** $7.8M · Oct 2026](https://millionrounds.com/company/madica)[**Solarise Africa** $1.1M · Oct 2026](https://millionrounds.com/company/solarise-africa)[**BasiGo** $42M · Aug 2026](https://millionrounds.com/company/basigo)[**Peach Cars** $4.0M · Aug 2026](https://millionrounds.com/company/peach-cars)[**Zeno** $25M · Mar 2026](https://millionrounds.com/company/zeno)[**Roam** $144M · Nov 2025](https://millionrounds.com/company/roam) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app