SunFunder

SunFunder Inc. is a solar energy finance company based in San Francisco, California, that specializes in providing various forms of financing to solar energy enterprises, particularly in emerging markets. Founded in 2012, the company offers short-term working capital, inventory, construction, and structured finance loans to solar product distributors, manufacturers, and project developers primarily in East and West Africa, as well as Asia. SunFunder's mission is to catalyze the development of solar energy infrastructure by leveraging its expertise in the solar market and facilitating efficient due diligence processes. By acting as a financial intermediary, SunFunder enables investors to engage in high-impact, fixed-income debt offerings that support the growth of solar assets in regions with inadequate energy access.

Avi Jacobson

Investment Director

Ryan Levinson

Founder and CEO

Past deals in East Africa

SunCulture

Debt Financing in 2021
SunCulture, located in Nairobi, Kenya, specializes in solar-powered drip irrigation systems designed to enhance agricultural productivity while promoting sustainability. Their flagship product, the AgroSolar Irrigation Kit, integrates solar water pumping technology with high-efficiency drip irrigation, equipping farmers with the necessary tools to increase crop yields and optimize water usage. SunCulture distinguishes itself as a comprehensive resource for Kenyan farmers by offering not only the irrigation systems but also agronomic services, educational training, and access to financing and markets. This holistic approach addresses the needs of smallholder farmers, enabling them to grow food more efficiently while minimizing fertilizer waste through direct application in irrigation systems. By combining innovative technology with essential support services, SunCulture aims to empower rural communities and improve their agricultural outcomes.

SolarNow

Debt Financing in 2019
SolarNow is a company that provides solar energy solutions and financing in East Africa, particularly through its operations in Uganda and Kenya. Founded in 2011 by Willem Nolens and headquartered in Nijmegen, the Netherlands, SolarNow focuses on delivering solar home systems, electrical appliances, and tailored power solutions for rural and urban households, small businesses, farmers, and institutions. The company aims to meet the growing demand for clean and affordable energy by offering high-quality, reliable solar products, along with flexible credit options that enable customers to access these essential services. Through its comprehensive approach, SolarNow addresses the energy needs of various sectors while promoting sustainable energy use in the region.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.