Shawn Xu’s Post

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Partner at Lowercarbon Capital | Climate Tech Investor

We recently led a $9.5M seed round in Zeno, our very first energy transition company in Africa. Michael Spencer and the team are now officially out of stealth sprinting towards their first products - a swappable battery compatible with an electric motorbike of their own design. Their opening market is Kenya, where 3M+ boda boda taxi drivers are eager to find ways to shave costs down. With Zeno's battery subscription model, they'll make 50% in savings compared to owning a petrol counterpart! Going electric will soon become the obvious choice. Kenya is just the start. Over the next quarter century, Africa will be home to the largest share of young people in the world, and is set to double its population to 2.5 billion. Talk about a growth market. Zeno has a particularly special place in our hearts because Harsh Dubey, who hustled his way into Lowercarbon Capital right out of college and became an institution around here, built up so much conviction in this company that he's moved abroad to work on this rocketship full-time. That should tell you something. Congrats again to the team, read more here for the deep dive. #tech #climatetech #energy #mobility #battery #electric #africa #emergingmarkets

Exclusive: Zeno emerges from stealth to crib Tesla’s master plan for Africa and beyond | TechCrunch

Exclusive: Zeno emerges from stealth to crib Tesla’s master plan for Africa and beyond | TechCrunch

https://techcrunch.com

Jim Forster

I am passionate about extending the Internet

2mo

I am happy to be a small part of this great activity!

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Tom Boddez

General Partner at Active Impact Investments

3mo

Great to be a co-investor on the journey with you!

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Meera Clark

Early Stage Consumer & Software Investor at Redpoint Ventures

2mo

dream team!!

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Georges Séraphim-André 🌻

Clean technologist for climate justice ☀️ founder @projetsolaire.com

3mo

Congratulations !

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