Startups

EV startup BasiGo debuts in Nairobi after $1 million pre-seed funding

Comment

Image Credits: zssp (opens in a new window) / Getty Images

Electric vehicle startup BasiGo has today announced the launch of its operations in Nairobi, bringing clean energy options to Kenya’s public transport industry, currently dominated by fossil-fuel buses.

The startup plans to sell locally assembled electric buses using parts from China’s EV maker BYD Automotive, the company said while announcing it had raised $1 million in pre-seed funding. BasiGo also disclosed that its buses will come in 25 and 36-seater capacities, with a range of about 250 kilometers, which it says is enough to cover daily round trips.

The company is planning to enter other markets within the East Africa region after establishing ground in Kenya. BasiGo is backed by a number of investors including Climate Capital, a Silicon Valley venture capital firm, and Third Derivative, an accelerator focused on climate-technology

“For years, diesel-powered buses have been the only viable solution for bus operators in Kenya. We are excited to provide public transport operators with a new option: state-of-the-art electric buses that are more affordable, and reliable, and reduce bus operator exposure to the rising costs of diesel fuel,” said BasiGo CEO and co-founder Jit Bhattacharya.

Owing to the high initial acquisition costs, BasiGo plans to introduce a financing model that will allow its customers to purchase its EV buses at the price of their diesel equivalents, while offsetting the balance through usage-based subscription fees. BasiGo says that they will begin the pilot program after the arrival of the first bus later in the year.

“The cost of electric bus technology has come down dramatically over the last 10 years, to the point where electric buses can offer significant savings compared to fossil-fuel buses. Our goal is to help bus owners in Kenya realize these savings, and in the process, help Kenya become a global leader in sustainable public transport,” said Bhattacharya.

Bhattacharya is not new to the field of electric vehicles, having been a technology leader in rechargeable (lithium-ion) batteries for more than 12 years. Over the course of his career, he worked as the CEO of Mission Motors in Silicon Valley and was also a senior manager at Project Titan — the secret electric car project by Apple Inc. More recently, he served as the chief technology officer of Fenix International, an off-grid solar home system company acquired by the French multinational electric utility company ENGIE in 2018.

BasiGo’s other founder, Jonathan Green, has over the past 15 years helped companies deliver renewable energy technologies to users in Africa. More recently, he held the role of strategy and operations director at Fenix International, where he led the delivery of more than 500,000 pay as you use solar systems to customers across six markets in Africa.

The company’s plan to launch electric buses in Kenya comes in the wake of increasing bids for the adoption of clean energy in public transport. On-demand taxi companies like Bolt and Uber have already introduced electric vehicle options as they slowly move away from vehicles using fossil fuels, which are increasingly linked to air pollution.

A real-time project by IQAir, a Swiss-based air quality technology company, shows that vehicles and motorcycles are the main contributors to air pollution in Nairobi. According to IQAir, PM2.5 concentration (fine inhalable matter) in Nairobi air is currently 1.3 times higher than the WHO annual air quality guideline value.

In general the WHO estimates that air pollution causes the deaths of at least 18,000 Kenyans every year, with other researchers confirming that a transition to electric vehicles could help alleviate the situation across Africa.

The SSA Nature Sustainability report says that a switch to electric power offers countries in sub-Saharan Africa a range of gains, including affordable transport and a reduction in emissions, with fossil-fuel vehicles contributing 12% of the region’s total emissions.

And while the opportunities for electric mobility remain huge, a majority of African countries lack the necessary infrastructure to support its adoption. A lack of recharging infrastructure, low grid power connectivity and generally expensive e-vehicles remain hindrances to the adoption of electric transportation options in many African countries according to a UNEP report.

BasiGo’s COO, Alex Mwaura, said they will tap the country’s renewable energy resource to fuel public transportation.

“Kenya is unique in that we have a surplus of renewable energy which can be taken advantage of by the public transport sector to make it more sustainable going forward. Nairobi’s transportation sector is evolving rapidly, and we look forward to partnering with the government and relevant agencies to grow the infrastructure for electrified public transit.”

Also working to bridge the infrastructure gap are electric vehicle maker Opibus and NopeaRide — Kenya’s first fully electric taxi company — which are both setting up charging hubs across Nairobi.

Opibus is the first company in Kenya to commercially future-proof diesel and gasoline vehicles by converting them to electric. The company’s conversions are popular with tour firms, which prefer them owing to their silent nature during safaris.

NopeaRide recently received funding from EEP Africa, a financing facility for early-stage clean energy in Southern and East Africa, to build more solar charging hubs in Nairobi, making it possible for the company to increase its service radius.

Other emerging EV companies in Kenya include electric motorcycle manufacturer Kiri Electric, and Drive Electric, which leases electric vehicles and provides charging station installation and e-mobility consultancy.

More TechCrunch

The restaurant industry in the U.S. is expected to pass $1 trillion in sales for the first time this year, despite wider economic pressures on consumers. Now Restaurant365, a startup…

Restaurant365 orders in $175M at a $1B+ valuation to supersize its food service software stack 

Venture firm Shilling has launched a €50M fund to support growth-stage startups in its own portfolio and to invest in startups everywhere else. 

Portuguese VC firm Shilling launches €50M opportunity fund to back growth-stage startups

Chang She, previously the VP of engineering at Tubi and a Cloudera veteran, has years of experience building data tooling and infrastructure. But when She began working in the AI…

LanceDB, which counts Midjourney as a customer, is building databases for multimodal AI

Trawa simplifies energy purchasing and management for SMEs by leveraging an AI-powered platform and downstream data from customers. 

Berlin-based trawa raises €10M to use AI to make buying renewable energy easier for SMEs

Lydia is splitting itself into two apps — Lydia for P2P payments and Sumeria for those looking for a mobile-first bank account.

Lydia, the French payments app with 8 million users, launches mobile banking app Sumeria

Cargo ships docking at a commercial port incur costs called “disbursements” and “port call expenses.” This might be port dues, towage, and pilotage fees. It’s a complex patchwork and all…

Shipping logistics startup Harbor Lab raises $16M Series A led by Atomico

AWS has confirmed its European “sovereign cloud” will go live by the end of 2025, enabling greater data residency for the region.

AWS confirms will launch European ‘sovereign cloud’ in Germany by 2025, plans €7.8B investment over 15 years

Go Digit, an Indian insurance startup, has raised $141 million from investors including Goldman Sachs, ADIA, and Morgan Stanley as part of its IPO.

Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO

Peakbridge intends to invest in between 16 and 20 companies, investing around $10 million in each company. It has made eight investments so far.

Food VC Peakbridge has new $187M fund to transform future of food, like lab-made cocoa

For over six decades, the nonprofit has been active in the financial services sector.

Accion’s new $152.5M fund will back financial institutions serving small businesses globally

Meta’s newest social network, Threads, is starting its own fact-checking program after piggybacking on Instagram and Facebook’s network for a few months.

Threads finally starts its own fact-checking program

Looking Glass makes trippy-looking mixed-reality screens that make things look 3D without the need of special glasses. Today, it launches a pair of new displays, including a 16-inch mode that…

Looking Glass launches new 3D displays

Replacing Sutskever is Jakub Pachocki, OpenAI’s director of research.

Ilya Sutskever, OpenAI co-founder and longtime chief scientist, departs

Intuitive Machines made history when it became the first private company to land a spacecraft on the moon, so it makes sense to adapt that tech for Mars.

Intuitive Machines wants to help NASA return samples from Mars

As Google revamps itself for the AI era, offering AI overviews within its search results, the company is introducing a new way to filter for just text-based links. With the…

Google adds ‘Web’ search filter for showing old-school text links as AI rolls out

Blue Origin’s New Shepard rocket will take a crew to suborbital space for the first time in nearly two years later this month, the company announced on Tuesday.  The NS-25…

Blue Origin to resume crewed New Shepard launches on May 19

This will enable developers to use the on-device model to power their own AI features.

Google is building its Gemini Nano AI model into Chrome on the desktop

It ran 110 minutes, but Google managed to reference AI a whopping 121 times during Google I/O 2024 (by its own count). CEO Sundar Pichai referenced the figure to wrap…

Google mentioned ‘AI’ 120+ times during its I/O keynote

Firebase Genkit is an open source framework that enables developers to quickly build AI into new and existing applications.

Google launches Firebase Genkit, a new open source framework for building AI-powered apps

In the coming months, Google says it will open up the Gemini Nano model to more developers.

Patreon and Grammarly are already experimenting with Gemini Nano, says Google

As part of the update, Reddit also launched a dedicated AMA tab within the web post composer.

Reddit introduces new tools for ‘Ask Me Anything,’ its Q&A feature

Here are quick hits of the biggest news from the keynote as they are announced.

Google I/O 2024: Here’s everything Google just announced

LearnLM is already powering features across Google products, including in YouTube, Google’s Gemini apps, Google Search and Google Classroom.

LearnLM is Google’s new family of AI models for education

The official launch comes almost a year after YouTube began experimenting with AI-generated quizzes on its mobile app. 

Google is bringing AI-generated quizzes to academic videos on YouTube

Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company.  Earlier this week, TechCrunch reported…

Motional cut about 550 employees, around 40%, in recent restructuring, sources say

The keynote kicks off at 10 a.m. PT on Tuesday and will offer glimpses into the latest versions of Android, Wear OS and Android TV.

Google I/O 2024: Watch all of the AI, Android reveals

Google Play has a new discovery feature for apps, new ways to acquire users, updates to Play Points, and other enhancements to developer-facing tools.

Google Play preps a new full-screen app discovery feature and adds more developer tools

Soon, Android users will be able to drag and drop AI-generated images directly into their Gmail, Google Messages and other apps.

Gemini on Android becomes more capable and works with Gmail, Messages, YouTube and more

Veo can capture different visual and cinematic styles, including shots of landscapes and timelapses, and make edits and adjustments to already-generated footage.

Google Veo, a serious swing at AI-generated video, debuts at Google I/O 2024

In addition to the body of the emails themselves, the feature will also be able to analyze attachments, like PDFs.

Gemini comes to Gmail to summarize, draft emails, and more