Enzi Mobility, a Nairobi-based electric mobility company, has secured US$3.5 million from blockchain-enabled investment firm Kula PCC to expand its electric transport network across East Africa.
- •The deal includes US$2 million in equity funding and US$1.5 million worth of blockchain technology from Kula.
- •The funding will be tied to performance milestones, with Enzi Mobility using Kula’s blockchain tools to track its environmental and social progress in real time.
- •Enzi Mobility plans to launch two digital tokens; $ENZI, giving riders and staff voting rights, and $BODA, offering rewards for regular users.
“Partnering with Kula brings both the capital and the blockchain governance rails we need to accelerate Enzi’s mission. This investment validates our vision of putting motorcycle riders at the centre of clean, affordable, and scalable transport solutions,” said Bill Schafer, CEO of Enzi Mobility.
Kula is a blockchain-enabled impact investment company that focuses on unique opportunities in frontier markets.
“This partnership with Enzi Mobility exemplifies what Kula was built to do - align capital, governance, and community impact in a way that brings structure and confidence to emerging investment ecosystems,” said Chris Turner, Co-Founder and Group Director of Kula.
