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[STARTUPS]■ STORY TIMELINE

CHINESE INVESTOR FUNDS AFRICAN EV STARTUP SPIRO

NewTrails Capital is investing $55 million into Spiro, an African electric mobility startup, advancing the company toward unicorn valuation status.

2 SOURCESFIRST SEEN JUN 22, 07:45 AM► READ THE ARTICLE
Bloomberg Tech+0m

Chinese investor NewTrails Capital will invest $55 million into African electric mobility startup Spiro, helping boost t…

Bloomberg Tech+3d 20h

Elroy Air Inc., a cargo drone startup aiming to replace delivery trucks, is in advanced talks to go public through a mer…