Roam has launched a crowdfunding campaign giving individuals worldwide a chance to own a stake in the company. The raise, hosted on Crowdcube, Europe’s largest equity crowdfunding platform, marks Roam’s first-ever open investment round targeting private investors.
The campaign offers a limited allocation from Roam’s upcoming Pre-Series B fundraising round, traditionally reserved for institutional investors. The opportunity is available on a first-come, first-served basis, with early access for those on the waiting list before the public launch.
“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 our community and supporters of our mission to join us as shareholders.”
Roam’s operations are anchored at Roam Park in Nairobi, which can produce up to 50,000 motorcycles annually and is powered by Kenya’s 80% renewable energy grid. The company’s vehicles are already being used by ride-hailing drivers on Bolt and Uber.
The company was recently recognized by the Financial Times as one of Africa’s fastest-growing companies and was a finalist in Prince William’s Earthshot Prize.
Interested investors can register or join the waiting list through the company’s crowdfunding portal at roam-electric.com/crowdfunding.
Also Read: Roam Unveils Generation 2 Roam Air
