The Swedish-Kenyan company raised $5 million in equity and $2.5 million in grants in a round led by Silicon Valley fund At One Ventures, backed by Factor[e] Ventures and pan-African VC firm Ambo Ventures. Already, the company has started taking pre-orders of its electric motorcycles, while confirming to TechCrunch that the demand is promising. The company said the competitive advantage of its product includes declining operational costs of up to 60% lower that of fossil fuel alternatives. Going forward, the company plans to move to a bigger plant as it prepares to increase its production to serve the entire African continent. The company plans to install the charging hubs in major towns near the country’s capital city, Nairobi, as it builds out a network that will sustain the mass transport electric buses planned for launch next year. The company sees great potential for electric vehicles on the continent as the price of items like the solar batteries reduce significantly. We have together reached a clear strategic and visionary alignment, with the conviction that mass manufacturing of electric mobility solutions in Africa will not only make the products more accessible and affordable, but also lead to one of the largest industrialization and welfare transitions of the region in modern time,” said Opibus’ CEO and co-founder, Filip Gardler. With inadequate infrastructure being among the biggest setbacks in EV adoption, Opibus has started installing communal charging infrastructure to serve public transport providers.