Nithio backs MAX as $29 million funding round accelerates electric mobility expansion across Africa

TechTrendsKE · 16/10/2026, 09:13:13

Nithio has invested in MAX, extending the Nigerian electric mobility company’s Series B3 funding round to $29 million as it scales electric two-wheelers, solar-powered charging and battery-swapping infrastructure across African markets. The financing will support MAX’s rollout of electric motorcycles through original equipment manufacturer (OEM) partners Spiro and NOVR, alongside the expansion of its charging … The post Nithio backs MAX as $29 million funding round accelerates electric mobility expansion across Africa appeared first on TechTrendsKE .