NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









Ampersand

Ampersand

Private
KigaliMobility, Transportation & Logisticshttps://www.ampersand.energy/

Last Round

Early Funding

Aug 15, 2025

Total Funding Raised

$22M

Momentum

Top 50%

of companies Caplight tracks

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

Mobility, Transportation & Logistics

Verticals

Electric Vehicles, Energy Storage, EV Charging, Clean Transportation, Fleet Management

Business Model

B2B

Customer Profile

Usage-Based SaaS, Hardware Sales, Services & Consulting

AI Layer

Application

Keywords

battery swappingelectric motorcyclesbattery-as-a-serviceBaaSfleet management softwareEV infrastructuree-mobilityenergy-as-a-serviceelectric vehicle chargingpredictive maintenanceusage-based billinglithium iron phosphateLFP batteriestelemetryboda-boda

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Ampersand Comps

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

Ampersand comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Ampersand Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early FundingAug 15, 2025
Series A ExtensionAug 29, 2024
VC RoundJan 4, 2024
VC RoundAug 4, 2023
DebtNov 1, 2021
Series A
Apr 12, 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

Ampersand investors
InvestorRounds
Gaia ImpactEarly Funding, VC Round
AlphamundiVC Round
Seedstars Africa VenturesEarly Funding, VC Round
AHL Venture PartnersEarly Funding, Series A Extension
Factor[e] VenturesGrant
Ecosystem Integrity FundEarly Funding, VC Round, Series A
Frontier Tech HubGrant

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.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

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 Founded2019
Last FundingAug 15, 2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.