Ampersand: Funding, Investors & Team (Sep 2026)
Ampersand is accelerating the widespread adoption of electric mobility by providing the necessary infrastructure and technology to make sustainable transportation more accessible and cost-effective in developing countries, ultimately benefiting both the people and the environment. Currently, 2000 Ampersand customers in Nairobi and Kigali are collectively traveling 1.5 million km each week as of January 2024.
Ampersand has raised $21.0M across 4 funding rounds on record, the most recent an undisclosed round announced in Aug 2025.
Ampersand Company Profile and Key Stats
Latest funding round on record: Aug 2025.
Ampersand Funding Rounds
2 of 4 rounds were announced without a disclosed amount and are excluded from the total.
Ampersand raised $9.0M in a Debt Financing announced in Nov 2021.
2.1 years later, an undisclosed round of $12.0M was announced in Dec 2023.
2 months later, an undisclosed round was announced in Feb 2024 with no disclosed amount.
1.5 years later, an undisclosed round was announced in Aug 2025 with no disclosed amount.
Ampersand Founders and Leadership Team
Contact details for the Ampersand team: 2 of 2 have an email address on file.
Start 14-day free trial →Ampersand Funding Compared to Other Energy Startups
Funded Startups Like Ampersand in Energy and Kicukiro
Companies Similar to Ampersand
Nanoramic Laboratories specializes in developing energy storage technologies and materials, particularly…
DigitalPaani develops innovative Internet of Things (IoT) and digital solutions that transform the way…
Zenergize is a tech company based in India that focuses on creating electric vehicle chargers and renewable…
Bia Energy is leading the way in the energy industry by seamlessly integrating smart metering infrastructure…
Matter endeavors to change the electric biological system and modify electric versatility by creating…
HelmX develops AI-powered smart helmets that turn everyday industrial fieldwork into continuously updated…
Ampaire is at the forefront of the Third Aviation Revolution, creating aircraft that are…
Oil Field Solutions is a global provider of rotating equipment services, installation, and field operations.
Thea Energy is taking a faster approach to commercialize fusion energy. The company’s fusion systems will…
Form Energy develops and commercializes a low-cost battery system that can store wind and solar energy for a…
LevelTen Energy is a company that offers a platform for renewable energy buyers, sellers, and advisors to…
Zeno is developing next-generation radioisotope power systems that generate carbon-free, resilient power for…
Ampersand Funding FAQs
What does Ampersand do?
Ampersand is accelerating the widespread adoption of electric mobility by providing the necessary infrastructure and technology to make sustainable transportation more accessible and cost-effective in developing countries, ultimately benefiting both the people and the environment. Currently, 2000 Ampersand customers in Nairobi and Kigali are collectively traveling 1.5 million km each week as of January 2024.
How much funding has Ampersand raised?
Ampersand has raised $21.0M across 4 rounds on record.
When did Ampersand last raise funding?
Ampersand's most recent funding round on record was announced in Aug 2025. The amount was not disclosed.
Who founded Ampersand?
FundedIQ lists Alp Tilev (Founder) at Ampersand.
Who is the CEO of Ampersand?
Josh Whale is listed as CEO at Ampersand.
Where is Ampersand headquartered?
Ampersand is based in Kicukiro, Kigali, Rwanda.
How many employees does Ampersand have?
Ampersand is in the 251-500 employee band.
About FundedIQ's Ampersand Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Ampersand is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.