Diligence memo · auto-generated · as of July 2, 2026

Zeno

Zeno has raised $25M over 1 round; too few niche peers to rank its valuation yet.

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

Zeno operates in Mobility / Logistics, based in Africa. East African electric mobility and distributed energy services company Zeno has raised US$25 million in funding to expand its electric vehicle and charging operations across the region.

Sub-sector tags: mobility.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Zeno has raised $25M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $25M on 2026-03-11.

Most recent recorded round closed around 2026-03-11.

Valuation (modeled)modeled

Provath models Zeno at approximately $92M (range $56M–$119M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Too few comparable companies in this niche to rank the valuation fairly yet.

Financing rhythm & timingmixed

Last raise 4 mo ago; this sector typically re-raises about every 10 months.

Raising on or ahead of the sector's normal rhythm.

Comparablesmixed

Capital scale ranks ahead of 95% of Mobility / Logistics peers (431 compared).

Modeled value ranks above 94% of those peers.

Closest niche peers: Chowdeck Logistics Inc., BasiGo Inc.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.