Enzi Mobility, a pioneering Kenyan e-mobility startup, has secured USD 3.5 million in funding through a strategic partnership with Kula PCC, a blockchain investment firm. This partnership is poised to accelerate Enzi’s mission to transform clean transportation across East Africa.
As part of the agreement, Kula PCC will invest USD 2 million in equity, with an additional USD 1.5 million allocated to blockchain technology support. This infusion of capital aims to enhance Enzi’s governance and impact tracking systems, making use of blockchain’s transparency and security features. The funds will also support the launch of two new blockchain-based tokens: $ENZI, a community voting token, and $BODA, a rewards token for riders.
The funding will be pivotal in scaling Enzi’s operations, particularly in the expansion of its affordable e-motorbike and battery-swapping infrastructure. Additionally, the partnership will empower riders and local communities, allowing them to actively participate in the company’s growth and success via blockchain-enabled features.
Bill Schafer, CEO of Enzi, emphasized that this investment not only affirms the company’s vision but also reinforces its commitment to making motorcycle transport cleaner, more affordable, and scalable, ultimately benefiting both riders and the wider community.
