Africa’s transport landscape is set for change, with Roam opening its doors to global investors eager to become part of its electric mobility revolution.
The firm has launched a crowdfunding initiative on Crowdcube, introduced as Europe’s largest and the world’s first equity crowdfunding platform, giving private investors access to a stage of fundraising that would normally be dominated by major institutions.
Only a limited portion of Roam’s Pre-Series B round is being made available, and participation is being handled strictly on a first-come, first-served basis.
Those already on the waiting list will have the first chance before the campaign becomes public.
Roam’s CEO and Co-Founder Filip Lövström says the company’s achievements so far show what is possible.
“We’ve proven that electric mobility is possible, affordable, and scalable in Africa,” he stated.
In explaining the purpose of the campaign, Lövström stated: “This crowdfunding campaign is about inclusion. We want anyone within our community, and supporters of our mission, to now be able to join us on our continued journey as a shareholder.”
The focus of this next phase is the motorcycle market, one of Africa’s largest and most influential economic sectors, valued at over Sh1.94 trillion annually.
For millions of riders who rely on motorcycles for everyday income, electric models offer a path to lower costs, reduced emissions and improved livelihood security.
Roam aims to scale up production of its flagship electric motorcycle and expand the charging networks needed to keep riders on the move.
Industry momentum has not been accidental. Roam has secured support from well-known global partners, including Bolt, Hitachi, DHL, TotalEnergies, Wells Fargo and M-Kopa.
Its factory, Roam Park in Nairobi, has the capacity to produce more than 50,000 electric motorcycles each year, and benefits from Kenya’s 80 per cent renewable energy grid, ensuring the company’s sustainability credentials run throughout its operations.
Motorcycle riders working on platforms such as Bolt and Uber are already operating Roam machines on city streets, proving that zero-emission transport can be practical, not just aspirational.
Finance solutions tailored to everyday earners have helped quicken the shift. M-Kopa, described as Africa’s largest Pay-As-You-Go financier, has enabled even low-income customers to adopt electric motorcycles by paying through small daily instalments.
The company is also tackling charging infrastructure proactively.
A solar-powered network, supported by TotalEnergies and funding from Europe, is currently active across Kenya, serving thousands of riders each day and is designed to expand into new countries as demand grows.
Roam’s recent recognition by the Financial Times as one of Africa’s fastest-growing companies, alongside becoming a finalist in Prince William’s Earthshot Prize, adds extra weight to its ambitions as it invites both local and international investors to join a new chapter in clean mobility.
With the crowdfunding drive now launched, the company aims to widen ownership of Africa’s electric transport revolution, not just among major corporations, but with the very people who believe in the shift toward a cleaner future.
