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# BasiGo raises $4.3 million
- URL: https://www.techloy.com/basigo-raises-4-3-million/
- Published: 2022-02-08T21:43:00.000Z
- Updated: 2022-04-18T20:44:19.000Z
- Author: Techloy
- Tags: Mobility, Tech in Kenya, / Money, / Startups

Kenyan startup [BasiGo](https://www.basi-go.com/) raises a $4.3 million seed funding round led by Novastar Ventures with participation from several Silicon Valley investors, including Moxxie Ventures, Nimble Partners, Spring Ventures, Climate Capital, and Third Derivative.

- The electric vehicle technology and financing company is bringing electric bus services to Sub-Saharan Africa.
- The new funding will help the startup commercialize its business model and begin the assembly of electric buses locally.