Ampersand

Ampersand

Private
KigaliEnergy & Sustainabilityhttps://ampersand.solar

Last Round

Early Funding

Aug 15, 2025

Total Funding Raised

$21.5M

Momentum Score

25 /100

Company Overview

Ampersand is a cleantech and e-mobility company that builds and operates a network of electric motorcycles and battery swap stations for motorcycle taxi drivers in East Africa.

Sector

Energy & Sustainability

Verticals

EV Charging, Electric Vehicles, Energy Storage, Fleet Management

Business Model

B2B

Customer Profile

Usage-Based SaaS, Hardware + Subscription, Hardware Sales

AI Layer

Non-AI

Keywords

battery swappingBattery-as-a-ServiceBaaSelectric motorcyclese-motosboda bodatwo-wheeler EVenergy-as-a-serviceAfrican mobilitymotorcycle taxibattery swap station networkfleet management softwarelast-mile deliveryusage-based billing

Historical Pricing

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Caplight Momentum Score

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Ampersand Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Ampersand Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Early FundingAug 15, 2025
Series A ExtensionAug 29, 2024
VC RoundDec 21, 2023
DebtNov 3, 2021
Series AApr 8, 2021

Key People

Founding team and executive leadership

Andy Williams

Chief Financial Officer

Executive Team

Matthew Higgins

Chief Operating Officer

Executive Team

Ampersand Investors

Notable investors and investment history

InvestorRounds
Gaia ImpactEarly Funding
Seedstars Africa VenturesEarly Funding
AHL Venture PartnersEarly Funding, Series A Extension
Ecosystem Integrity FundEarly Funding, VC Round, Series A
AcumenVC Round, Early Funding
Cygnum CapitalVC Round
Raspberry SyndicateEarly Funding

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 18, 2026

    Monthly visitors increased 444% MoM, from 319 to 1.7K.

  • Aug 15, 2025

    $7M raised in early funding.

Ampersand Filings

SEC and related filings with document metadata.

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Ampersand Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Ampersand's valuation, stock price, and market status.

Firmographic Details

HeadquartersKigali
Employee Range287
Year Founded2016
Last FundingAug 15, 2025

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