Kenya’s Enzi Mobility Secures USD 3.5 M Investment For E-Mobility Expansion

Kenyan e-mobility startup Enzi Mobility has secured USD 3.5 M in a new partnership with blockchain investment firm Kula PCC, aimed at accelerating clean transport solutions across East Africa.

Under the deal, Kula will inject USD 2 M in equity and an additional USD 1.5 M in blockchain technology support to strengthen Enzi’s governance and impact tracking systems. The investment will also fund the rollout of two blockchain-based tokens: $ENZI, a community voting token, and $BODA, a rewards token for riders.

The partnership will help Enzi expand its affordable e-motorbike and battery-swapping infrastructure, while giving riders and local communities a greater stake in the company’s growth through blockchain-enabled participation.

Enzi CEO Bill Schafer said the investment validates the company’s mission to place motorcycle riders “at the centre of clean, affordable, and scalable transport solutions.”