# Spiro secures additional $55m for EV expansion in Africa

> Business AFRICAN electric mobility platform Spiro has secured an additional $55 million investment from Chinese growth-stage investor NewTrails Capital, bringing the company’s latest funding round to $270 million.

- **Source:** [Realnewsmagazine](https://realnewsmagazine.net/spiro-secures-additional-55m-for-ev-expansion-in-africa/?utm_source=gearopen.com&utm_medium=referral&utm_campaign=feed&utm_content=6a39671037eaa7f345575fc7)
- **Published:** 2026-06-22
- **Category:** Cars
- **Tags:** #ev
- **Canonical:** http://localhost:4321/a/6a39671037eaa7f345575fc7

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_GearOpen's distilled summary. The full original article is published at Realnewsmagazine (source link above); GearOpen does not republish the source's full text._