Kaleo Ventures

Beacon Power Services, founded in 2013 and based in Lagos, Nigeria, specializes in energy management solutions for commercial and industrial facilities. The company employs a data-driven approach, utilizing its AI-enabled grid management platform, Adora, to provide real-time visibility into network performance for power distribution companies. This software connects to utility assets and customer nodes, enabling energy providers to anticipate outages, identify network losses, and enhance electricity distribution efficiency. Beacon Power Services develops comprehensive power generation and management plans tailored to clients' specific needs, incorporating generator resizing, peak shaving, automation, appliance upgrades, and renewable generation installations. The company's mission is to improve the quality and reliability of electricity supply in African cities by building smart grids and addressing inefficiencies in electricity distribution systems, ultimately reducing energy costs for its clients.

PipeOps, established in 2021 and based in Lekki, Lagos, specializes in streamlining software deployment, monitoring, and scaling. The company offers a user-friendly, no-code platform that facilitates cloud deployments and infrastructure management. Its platform boasts a graphical interface for easy setup and management, supports multiple frameworks, and automates build triggers, empowering businesses of all sizes to deploy applications more efficiently.

Trade Lenda is a digital financial service provider focused on facilitating access to credit for micro, small, and medium enterprises (MSMEs) in Nigeria. Recognizing that access to finance is a significant barrier for MSMEs, the company utilizes alternative data sources to assess the creditworthiness of borrowers, evaluating their character and capacity without relying on traditional collateral requirements. This innovative approach aims to address the substantial financing gap faced by MSMEs, which contribute significantly to job creation and economic growth in the region. In addition to providing short-term loans to support working capital needs, Trade Lenda plans to expand its services to include micro-savings, insurance, investment, and pension solutions, further enhancing the financial ecosystem for MSMEs.

Beacon Power Services, founded in 2013 and based in Lagos, Nigeria, specializes in energy management solutions for commercial and industrial facilities. The company employs a data-driven approach, utilizing its AI-enabled grid management platform, Adora, to provide real-time visibility into network performance for power distribution companies. This software connects to utility assets and customer nodes, enabling energy providers to anticipate outages, identify network losses, and enhance electricity distribution efficiency. Beacon Power Services develops comprehensive power generation and management plans tailored to clients' specific needs, incorporating generator resizing, peak shaving, automation, appliance upgrades, and renewable generation installations. The company's mission is to improve the quality and reliability of electricity supply in African cities by building smart grids and addressing inefficiencies in electricity distribution systems, ultimately reducing energy costs for its clients.

Releaf is a Nigerian company founded in 2017 that operates as an online marketplace connecting agribusiness buyers and sellers. It focuses on sourcing ingredients for African food factories, including cassava, palm oil, ginger, and maize, among others. Releaf aims to create climate-adaptive supply chains in response to the continent's growing population. The firm provides extension services to smallholder farmers, acting as a buyer and streamlining the conversion of raw materials into factory-grade inputs for vegetable oil production. By leveraging digital technologies such as USSD and open banking, along with proprietary machinery, Releaf collaborates with over 2,000 smallholder farmers, facilitating the supply of high-quality palm kernel nuts to food factories. This approach not only enhances operational efficiency for food manufacturers but also supports the economic development of small agricultural startups.