- Leading scale-up Spiro has secured a landmark $215M investment round backed by major institutional investors including Impact Fund Denmark, and Equitane.
- With Spiro already operating across seven of Africa's fastest-growing urban markets, this transaction positions Spiro among the continent's leading clean infrastructure platforms. This investment will accelerate the expansion of Spiro's battery-swapping network, industrial footprint and next-generation electric vehicles (EV) infrastructure across high-growth African markets.
- As African economies push to reduce dependence on imported fuel, reinforce energy and industrial sovereignty, and modernize urban transport systems, global investors are increasingly turning to scalable EV infrastructure platforms.
DUBAI, UAE, June 1, 2026 /PRNewswire/ -- Scaling Africa's next-generation mobility and energy ecosystem
Spiro announces a $215M investment round to accelerate the deployment of its electric mobility and battery-swapping infrastructure across Africa. Building on the support of long-standing institutional partners such as FEDA, Spiro's latest equity round draws global capital from Europe and Africa, confirming growing global confidence in scalable infrastructure-led business models across emerging markets.
Following years of optimization across its product portfolio, technology and energy ecosystem, Spiro has moved past the proof-of-concept phase and stands ready to execute its next chapter of pan-African expansion. This investment will support the expansion of Spiro's battery-swapping network, strengthen its industrial and assembly footprint, accelerate technology development and support the company's entry into new high-growth African markets.
Global investors back Africa's fast-growing mobility and energy transition
As Africa's urban population and mobility needs continue to surge, electric vehicles and battery-swapping ecosystems are rapidly emerging as one of the continent's most promising infrastructure and energy investment opportunities.
Reducing dependence on imported fuel, strengthening energy and industrial sovereignty and modernizing urban transport systems are becoming strategic priorities across the continent, positioning EV infrastructure as a key pillar of Africa's economic resilience and industrial development.
Driven by rising fuel costs, increasing demand for affordable transportation and growing policy support for clean energy solutions, investors are increasingly backing scalable EV platforms capable of supporting Africa's next phase of urban and industrial growth.
For riders, the economic impact is immediate: operating a Spiro electric vehicle can reduce daily mobility costs by up to 40%, generating savings of up to $2 per day compared to fossil-fuel motorcycles.
Recent third-party verified lifecycle assessment results conducted on Spiro's operations in Kenya further highlight the environmental impact potential of EV infrastructure deployment across African cities:
- Spiro's electric bikes deliver a 72% reduction in climate impact compared to fossil-fuel motorcycles, equivalent to approximately 19 tons of CO₂ emissions avoided over a vehicle's lifespan.
- The study also identified an 80% reduction in ozone depletion potential and a 20% reduction in particulate matter emissions, underscoring the role electric mobility can play in improving urban air quality and reducing public health risks across rapidly growing cities.
DUBAI, UAE, June 1, 2026 /PRNewswire/ -- Scaling Africa's next-generation mobility and energy ecosystem
Spiro announces a $215M investment round to accelerate the deployment of its electric mobility and battery-swapping infrastructure across Africa. Building on the support of long-standing institutional partners such as FEDA, Spiro's latest equity round draws global capital from Europe and Africa, confirming growing global confidence in scalable infrastructure-led business models across emerging markets.
Following years of optimization across its product portfolio, technology and energy ecosystem, Spiro has moved past the proof-of-concept phase and stands ready to execute its next chapter of pan-African expansion. This investment will support the expansion of Spiro's battery-swapping network, strengthen its industrial and assembly footprint, accelerate technology development and support the company's entry into new high-growth African markets.
Global investors back Africa's fast-growing mobility and energy transition
As Africa's urban population and mobility needs continue to surge, electric vehicles and battery-swapping ecosystems are rapidly emerging as one of the continent's most promising infrastructure and energy investment opportunities.
Reducing dependence on imported fuel, strengthening energy and industrial sovereignty and modernizing urban transport systems are becoming strategic priorities across the continent, positioning EV infrastructure as a key pillar of Africa's economic resilience and industrial development.
Driven by rising fuel costs, increasing demand for affordable transportation and growing policy support for clean energy solutions, investors are increasingly backing scalable EV platforms capable of supporting Africa's next phase of urban and industrial growth.
For riders, the economic impact is immediate: operating a Spiro electric vehicle can reduce daily mobility costs by up to 40%, generating savings of up to $2 per day compared to fossil-fuel motorcycles.
Recent third-party verified lifecycle assessment results conducted on Spiro's operations in Kenya further highlight the environmental impact potential of EV infrastructure deployment across African cities:
Powering Africa's mobility revolution at scale
With operations across 7 African markets (Kenya, Rwanda, Uganda, Togo, Benin, Nigeria, Cameroon) and further plans to expand local production and enter new markets such as DRC and Ethiopia, Spiro is building one of Africa's most advanced EV and battery-swapping ecosystems.
Spiro's industrial footprint includes flagship manufacturing plants in Kenya, Rwanda and Uganda, alongside a state-of-the-art battery recycling facility in Nigeria. Combining locally adapted vehicle design, affordable battery-swapping infrastructure and integrated maintenance ecosystems, Spiro is making electric mobility commercially viable at scale for African riders.
Spiro's technology platform is supported by its R&D center, 150+ engineers and 30+ proprietary patents. The company is actively expanding beyond urban transport into a distributed clean-energy utility network that supports national renewable energy goals while reducing dependence on imported fossil fuels. Its innovations include IoT-enabled, solar-powered swap stations, alongside secondary-life battery applications designed for stationary renewable energy storage.
Investor quotes
"This past year marked a defining strategic milestone for Spiro. Across seven active markets, our deployment of 100,000 electric vehicles and 2,500 smart-swap stations has turned sustainable mobility into an affordable, everyday reality. Spiro has become a major driver of local industrialization, value creation and manufacturing across African markets with 6,000 sustainable direct and indirect jobs. Supported by our global pool of investors, we are entering our next growth chapter to deliver clean, cost-effective energy and transport alternatives to millions of riders across the continent", stated Gagan Gupta, Founder of Spiro and Chairman of Equitane.
"We are investing in Spiro and bringing Danish pension capital into one of Africa's most promising growth markets because we see potential for significant commercial growth in Spiro and electric mobility across Africa, as well as measurable climate impact. That is exactly the type of investment we want to make," says Lars Bo Bertram, CEO of Impact Fund Denmark.
Find out more on www.spironet.com
Contact:
Flora Limukii
Head of Corporate Communications, Spiro
Email: communications@spironet.com
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
African EV platform Spiro raises $215M in equity to scale electric mobility and energy infrastructure across Africa
African EV platform Spiro raises $215M in equity to scale electric mobility and energy infrastructure across Africa
African EV platform Spiro raises $215M in equity to scale electric mobility and energy infrastructure across Africa
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The Korean skincare brand debuts a global campaign, built around the PDRN Collagen Glow Facial Serum Spray
LOS ANGELES, June 2, 2026 /PRNewswire/ -- Anua, the Korean skincare brand that has taken U.S. beauty retail by storm, today announces Kendall Jenner as its first global brand ambassador. Alongside the announcement, Anua is launching a worldwide campaign centered on its PDRN Collagen Glow Facial Serum Spray featuring Jenner.
The timing reflects how far Anua has come in the American market. In 2024, the brand was named TikTok Shop's #1 Beauty Brand, achieving the top single-brand revenue on TikTok Shop U.S., and earned Amazon Top Brand recognition for sales performance across the platform in both 2024 and 2025. During Amazon Prime Day U.S. in July 2024, Anua ranked #1 in its category, with sales increasing 537% year over year. By 2025, the brand had surpassed $500 million in global revenue, with the U.S. as its largest market, and had sold more than 40 million units worldwide across 160 countries. Today, Anua is sold in more than 20,000 retail doors across the U.S., underscoring its rapid expansion from digital discovery to nationwide retail presence.
Jenner has been open about her straightforward, consistent skincare routines. That mindset aligns closely with how Anua approaches skincare: formulations that are gentle on the skin barrier, ingredient-focused, and built for real results. The campaign brings that connection to life through the PDRN Spray that is part of her daily routine.
"I first discovered the double cleanser, and it has changed my skin. I also love their Azelaic green serum and PDRN which gives me a dewy glow. I am big fan of the products," said Kendall Jenner.
PDRN Collagen Glow Facial Serum Spray, a capsule mist formulated with 2,000ppm of PDRN (Salmon DNA) and Hyaluronic Acid. The spray delivers immediate hydration and a dewy, glass-skin finish without residue or heaviness. An ultra-fine oil-capsule mist, it absorbs quickly, works over or under makeup, and has been clinically shown to improve skin hydration by 30.754% while temporarily reducing skin surface temperature. Suitable for all skin types and non-comedogenic, it was designed for everyday use in any setting.
Launching June 1, 2026 across global digital and social platforms, the campaign gives audiences a look at how Jenner uses the spray in her daily routine, from morning prep through travel and on-set touch-ups. Content will run across Anua's channels and Jenner's platforms as part of a multi-year partnership that includes global campaigns and product launches.
"We are thrilled to partner with Kendall Jenner, a true global icon. Her minimalist and intuitive lifestyle seamlessly aligns with Anua's 'trend meets trust' philosophy, and we look forward to sharing this shared vision with a wider global audience," said Yi Seonhyeong, CEO of The Founders, Inc.
To celebrate the launch, Anua will bring "Dew On The Go" to life with an immersive pop-up experience in New York City's Soho neighborhood. Located at 21 Greene Street offering public access from June 6–7. Inspired by the ease and romance of a European summer escape, the pop-up will invite guests to discover the products and brand Kendall uses to achieve her dewy skin. Guests will experience Anua through a series of sensorial, photo-worthy touchpoints, including a mist reception, product discovery moments, a photo booth, a "Dew Fountain," a Dew Café, and a gift shop experience.
About Anua:
Founded in 2019 by The Founders (Co-CEOs Seonhyeong Lee and Changju Lee), Anua is a Korean skincare brand built around targeted solutions for a wide range of skin concerns. Each product draws on carefully selected natural and dermatological ingredients, designed to deliver visible results across all skin types. The brand's formulations are anchored in ingredients such as heartleaf, peach, PDRN, and rice ceramide, developed with a focus on barrier health, efficacy, and accessibility.
Since entering the U.S. in 2022, Anua has grown more than 200% annually and surpassed $500 million in global retail sales in 2025. The brand is sold at Ulta Beauty nationwide, on Amazon, and at anua.com, with ongoing expansion into Europe, the Middle East, and Australia.
Instagram: @anua_global | TikTok: @anua_global | Website: anua.com
The Korean skincare brand debuts a global campaign, built around the PDRN Collagen Glow Facial Serum Spray
LOS ANGELES, June 2, 2026 /PRNewswire/ -- Anua, the Korean skincare brand that has taken U.S. beauty retail by storm, today announces Kendall Jenner as its first global brand ambassador. Alongside the announcement, Anua is launching a worldwide campaign centered on its PDRN Collagen Glow Facial Serum Spray featuring Jenner.
The timing reflects how far Anua has come in the American market. In 2024, the brand was named TikTok Shop's #1 Beauty Brand, achieving the top single-brand revenue on TikTok Shop U.S., and earned Amazon Top Brand recognition for sales performance across the platform in both 2024 and 2025. During Amazon Prime Day U.S. in July 2024, Anua ranked #1 in its category, with sales increasing 537% year over year. By 2025, the brand had surpassed $500 million in global revenue, with the U.S. as its largest market, and had sold more than 40 million units worldwide across 160 countries. Today, Anua is sold in more than 20,000 retail doors across the U.S., underscoring its rapid expansion from digital discovery to nationwide retail presence.
Jenner has been open about her straightforward, consistent skincare routines. That mindset aligns closely with how Anua approaches skincare: formulations that are gentle on the skin barrier, ingredient-focused, and built for real results. The campaign brings that connection to life through the PDRN Spray that is part of her daily routine.
"I first discovered the double cleanser, and it has changed my skin. I also love their Azelaic green serum and PDRN which gives me a dewy glow. I am big fan of the products," said Kendall Jenner.
PDRN Collagen Glow Facial Serum Spray, a capsule mist formulated with 2,000ppm of PDRN (Salmon DNA) and Hyaluronic Acid. The spray delivers immediate hydration and a dewy, glass-skin finish without residue or heaviness. An ultra-fine oil-capsule mist, it absorbs quickly, works over or under makeup, and has been clinically shown to improve skin hydration by 30.754% while temporarily reducing skin surface temperature. Suitable for all skin types and non-comedogenic, it was designed for everyday use in any setting.
Launching June 1, 2026 across global digital and social platforms, the campaign gives audiences a look at how Jenner uses the spray in her daily routine, from morning prep through travel and on-set touch-ups. Content will run across Anua's channels and Jenner's platforms as part of a multi-year partnership that includes global campaigns and product launches.
"We are thrilled to partner with Kendall Jenner, a true global icon. Her minimalist and intuitive lifestyle seamlessly aligns with Anua's 'trend meets trust' philosophy, and we look forward to sharing this shared vision with a wider global audience," said Yi Seonhyeong, CEO of The Founders, Inc.
To celebrate the launch, Anua will bring "Dew On The Go" to life with an immersive pop-up experience in New York City's Soho neighborhood. Located at 21 Greene Street offering public access from June 6–7. Inspired by the ease and romance of a European summer escape, the pop-up will invite guests to discover the products and brand Kendall uses to achieve her dewy skin. Guests will experience Anua through a series of sensorial, photo-worthy touchpoints, including a mist reception, product discovery moments, a photo booth, a "Dew Fountain," a Dew Café, and a gift shop experience.
About Anua:
Founded in 2019 by The Founders (Co-CEOs Seonhyeong Lee and Changju Lee), Anua is a Korean skincare brand built around targeted solutions for a wide range of skin concerns. Each product draws on carefully selected natural and dermatological ingredients, designed to deliver visible results across all skin types. The brand's formulations are anchored in ingredients such as heartleaf, peach, PDRN, and rice ceramide, developed with a focus on barrier health, efficacy, and accessibility.
Since entering the U.S. in 2022, Anua has grown more than 200% annually and surpassed $500 million in global retail sales in 2025. The brand is sold at Ulta Beauty nationwide, on Amazon, and at anua.com, with ongoing expansion into Europe, the Middle East, and Australia.
Instagram: @anua_global | TikTok: @anua_global | Website: anua.com
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
ANUA NAMES KENDALL JENNER AS FIRST-EVER GLOBAL BRAND AMBASSADOR
