TotalEnergies is a leading global energy company with operations in over 130 countries, employing around 93,000 people across various sectors, including oil and gas exploration, refining, marketing, and chemicals. The company is committed to providing reliable energy while actively transitioning towards a sustainable future. TotalEnergies has a strong focus on research and development in renewable energy, particularly in solar and biofuels, and has established joint ventures to enhance its capabilities in photovoltaic technology. The company's venture capital arm, TotalEnergies Ventures, was founded in 2008 and seeks to invest in innovative startups that align with its vision of a low-carbon future. Areas of interest for TotalEnergies Ventures include renewables, distributed energy, new mobility, energy storage, circular economy solutions, and carbon capture technologies. Through these initiatives, TotalEnergies aims to diversify its energy offerings and contribute to the global transition to sustainable energy sources.
Ampersand is a company based in Kigali, Rwanda, that focuses on manufacturing affordable electric vehicles and charging systems specifically for motorcycle taxi drivers in East Africa. By providing a battery swap network and an operating system, Ampersand aims to make sustainable mobility more accessible and affordable in developing markets. The company's initiatives not only enhance the livelihoods of local drivers but also contribute positively to the environment. As of January 2024, Ampersand has attracted 2,000 customers who collectively travel 1.5 million kilometers weekly in Nairobi and Kigali, illustrating the growing demand for electric mobility solutions in the region.
Ampersand
Venture Round in 2021
Ampersand is a company based in Kigali, Rwanda, that focuses on manufacturing affordable electric vehicles and charging systems specifically for motorcycle taxi drivers in East Africa. By providing a battery swap network and an operating system, Ampersand aims to make sustainable mobility more accessible and affordable in developing markets. The company's initiatives not only enhance the livelihoods of local drivers but also contribute positively to the environment. As of January 2024, Ampersand has attracted 2,000 customers who collectively travel 1.5 million kilometers weekly in Nairobi and Kigali, illustrating the growing demand for electric mobility solutions in the region.
Powerhive
Series B in 2019
Powerhive Inc. specializes in rural electrification by offering tools and services that facilitate the implementation of energy access projects globally. Its primary technology platform, Honeycomb, is a cloud-based software that automates account management, monitors microgrid operations remotely, and performs real-time data analytics. Additionally, the company provides Asali, a smart meter designed for off-grid microgrid applications, and SWARM, a tool that aids in project development through effective site selection and customer identification. Powerhive also offers a range of services related to microgrid operations management and project deployment, including market feasibility studies, design services, and on-site training. Founded in 2011 and headquartered in Berkeley, California, with an office in Nairobi, Kenya, Powerhive aims to deliver affordable and reliable electricity to off-grid communities in emerging markets, enabling access to power for small appliances and income-generating activities.
Powerhive
Series A in 2016
Powerhive Inc. specializes in rural electrification by offering tools and services that facilitate the implementation of energy access projects globally. Its primary technology platform, Honeycomb, is a cloud-based software that automates account management, monitors microgrid operations remotely, and performs real-time data analytics. Additionally, the company provides Asali, a smart meter designed for off-grid microgrid applications, and SWARM, a tool that aids in project development through effective site selection and customer identification. Powerhive also offers a range of services related to microgrid operations management and project deployment, including market feasibility studies, design services, and on-site training. Founded in 2011 and headquartered in Berkeley, California, with an office in Nairobi, Kenya, Powerhive aims to deliver affordable and reliable electricity to off-grid communities in emerging markets, enabling access to power for small appliances and income-generating activities.
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