Skip to main content
Caplight Logo









Ampersand

Ampersand

Private
KigaliEnergy & Sustainabilityhttps://www.ampersand.energy/

Last Round

Early Funding

Aug 15, 2025

Total Funding Raised

$22M

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

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 Comparables

Compare Ampersand with similar companies based on industry and business-model similarity.

Ampersand comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Spiro
93%
ARC Ride
92%
e-Zuri
92%

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

Matthew Higgins

Chief Operating Officer

Executive Team

Ampersand Investors

Notable investors and investment history

Ampersand investors
InvestorRounds
Beyond CapitalSeries A Extension
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

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

Explore SEC and related filing metadata, where available.

Ampersand filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

Request access

Frequently Asked Questions

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

Is Ampersand a public or private company?

Ampersand is a private company.

What is the current stock price of Ampersand?

Ampersand is a private company with no public stock price. No recent secondary market data is available.

How much is Ampersand worth (valuation)?

Valuation information for Ampersand is not publicly available.

Can I buy Ampersand stock?

Ampersand shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Ampersand's last funding round?

Ampersand's most recent funding round was Early Funding on August 15, 2025.

Who are the main investors in Ampersand?

Key investors in Ampersand include Ecosystem Integrity Fund, British International Investment, U.S. International Development Finance Corporation.

Will Ampersand IPO soon?

No public IPO plans have been announced for Ampersand.

How can I track Ampersand secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Ampersand's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersKigali
Employee Range302
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.

See something wrong or outdated?