Kenyan electric vehicle manufacturer Roam has opened its doors to private investors for the first time, launching a crowdfunding campaign aimed at scaling its electric mobility operations across Africa.
The campaign, hosted on Crowdcube, Europe’s largest equity crowdfunding platform, offers individuals around the world a chance to buy a stake in Roam, an opportunity typically reserved for institutional investors. The company announced that early access will be granted to those already on the waiting list before the public launch, and the offer will close once the allocation is filled.
“We’ve proven that electric mobility is possible, affordable, and scalable in Africa,” said Filip Lövström, CEO and Co-Founder of Roam. “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.”
Roam’s latest move comes as it seeks to accelerate production and expand infrastructure to meet the continent’s growing demand for sustainable transport. The company is targeting Africa’s $15 billion motorcycle market, one of the world’s fastest-growing mobility sectors, by scaling its flagship electric motorcycles and charging network.
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The Nairobi-based firm operates from Roam Park, a large-scale production facility capable of manufacturing more than 50,000 motorcycles annually, powered by Kenya’s 80% renewable energy grid. Roam’s growth has been buoyed by global partnerships with Bolt, Hitachi, DHL, TotalEnergies, Wells Fargo, and M-KOPA, Africa’s largest Pay-As-You-Go financier.
Through M-KOPA, riders can access Roam’s electric motorcycles via affordable daily micro-payments, while partnerships with Bolt and Uber are enabling e-bike integration into urban ride-hailing platforms. Roam is also developing a solar-powered charging infrastructure, supported by TotalEnergies and European grants, to serve thousands of riders across Kenya and beyond.
The crowdfunding campaign is part of Roam’s Pre-Series B fundraising round, following the company’s recognition by the Financial Times as both Kenya’s fastest-growing company and Africa’s fastest-growing e-mobility firm in 2025. Roam also gained international acclaim as a finalist in Prince William’s Earthshot Prize and a Norrsken Impact/100 startup.
Roam’s leadership sees the campaign as more than a capital raise, it’s a chance for everyday supporters of clean transport to invest in Africa’s green future.