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BuildingMobilityBacked 2024

Arke

Founded by Nana Arkorful

Started by turning a bike somebody already owns into an electric one, and now builds complete electric bikes with a swappable battery, for the riders and fleets who earn a living on them.

What they do

Delivery riders depend on an e-bike for their income, and a new one costs more than most will spend. Arke sells the conversion kit and the full bike, with a battery you swap in seconds so a bike isn't off the road while it charges.

Who it's for

Delivery and messenger riders, cities and fleet operators, and individuals who want an affordable e-bike. Two focus markets, Detroit and Accra.

What's different

Price, reversibility and uptime. The eVenture kit lists at $449 and comes off again, and the swap battery is what keeps a delivery fleet running.


What they've done, with sources
Back a founder

Every Fifth Star company gets the same $25,000 check.

Contributions go into the fund that writes them. If Arke exits one day, our share comes back to the fund and goes out again, which is what makes us an evergreen fund.

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