Kaco, a Tunisian startup, has secured more funding with the purpose of investing in the mobility ecosystem.
Kaco will receive important financial support from the new investment that was negotiated by UGFS North Africa, a renowned regional investment fund.
With the money, the startup will be able to finish building a factory that will produce roughly a thousand scooters annually.
By working together with UGFS North Africa, the startup was able to produce its ground-breaking electric scooter, the Orca, more quickly and in line with their vision.