Image via TechCabal (Africa)
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Spiro: Ma Activity
Spiro, the Nairobi-based e-mobility startup, acquired Coexlion, a specialist engineering consultancy focused on two-wheelers and electric vehicles with offices in UK and Bangalore. Spiro will build dedicated R&D centre in Kenya staffed by Coexlion engineers.
Source: TechCabal (Africa)
The leadership read
Consolidation of this kind shifts demand toward integration and transformation leadership bench strength in the sector.
“Partnering with NewTrail Capital's deeply experienced team marks a powerful new chapter for Spiro as we prepare for the next steps of our pan-African and international expansion”
Market context: This lands while the Talent Market Index reads 111.1 (Hot) — up 5.2 versus the prior month — and Asia signal share is rising (+3.7pts).
Spiro: 2 signals in the last 90 days; 0.2% of MitchelLake's Asia signal flow; 2 tracked across 4 days.
Also at Spiro →
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