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.

Rim Azirar

Senior Investment Officer

Avi Jacobson

Investment Director

Collins Kuindwa

Investment Officer

Ryan Levinson

Founder and CEO

Surabhi Mathur Visser

Head of Investments

Past deals in East Africa

ZOLA Electric

Debt Financing in 2021
ZOLA Electric specializes in providing off-grid solar solutions, primarily serving African markets. It offers solar home kits through leasing or sales, targeting individual households and businesses in rural communities across Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012, ZOLA Electric operates from Arusha, Tanzania with an additional office in San Francisco, California.

SunCulture

Debt Financing in 2021
SunCulture, based in Nairobi, Kenya, develops and sells the AgroSolar Irrigation Kit, a fully solar-powered irrigation system that combines solar water pumping with high-efficiency drip irrigation. The kit is designed to help smallholder farmers grow more with less water and energy, delivering reliable irrigation and enabling additional benefits such as lighting and mobile charging. SunCulture positions itself as a one-stop provider for rural farmers, offering not only the irrigation hardware but also agronomic services, training, access to capital, and market opportunities. By integrating solar pumping, irrigation, and support services, the company aims to improve crop yields, reduce operating costs, and promote sustainable farming through climate technology and a digital marketplace.

InspiraFarms

Debt Financing in 2020
InspiraFarms is a company that specializes in manufacturing solar-powered modular technologies for food processing and cold storage. Founded in 2012 and headquartered in London, with additional offices in Kenya, Southern Africa, and Quetzaltenango, Guatemala, the company provides off-grid cold storage units, food processing plants, and dairy chilling machines. Its offerings include Good Agricultural Practice certified modules and renewable energy systems, designed to support the post-harvest value addition processes. InspiraFarms targets small to medium-sized enterprises within the fruit, vegetable, and dairy industries, ensuring that its solutions meet global food safety certification and quality standards. By collaborating with various actors in value chains across Central America and East Africa, InspiraFarms aims to facilitate access to healthy and nutritious food for both local and international markets.

SolarNow

Debt Financing in 2019
SolarNow provides solar energy and financing solutions in East Africa through a subsidiary, offering solar home systems, electrical appliances, and power solutions for rural and urban households, entrepreneurs, and institutions. The company serves households, small businesses, farming operations, and corporate customers with flexible credit and service options to access clean, affordable energy. Founded in 2011 by Willem Nolens, it is headquartered in Nijmegen, the Netherlands, with operations in Uganda and Kenya.

ZOLA Electric

Debt Financing in 2018
ZOLA Electric specializes in providing off-grid solar solutions, primarily serving African markets. It offers solar home kits through leasing or sales, targeting individual households and businesses in rural communities across Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012, ZOLA Electric operates from Arusha, Tanzania with an additional office in San Francisco, California.

SolarNow

Debt Financing in 2017
SolarNow provides solar energy and financing solutions in East Africa through a subsidiary, offering solar home systems, electrical appliances, and power solutions for rural and urban households, entrepreneurs, and institutions. The company serves households, small businesses, farming operations, and corporate customers with flexible credit and service options to access clean, affordable energy. Founded in 2011 by Willem Nolens, it is headquartered in Nijmegen, the Netherlands, with operations in Uganda and Kenya.

InspiraFarms

Debt Financing in 2017
InspiraFarms is a company that specializes in manufacturing solar-powered modular technologies for food processing and cold storage. Founded in 2012 and headquartered in London, with additional offices in Kenya, Southern Africa, and Quetzaltenango, Guatemala, the company provides off-grid cold storage units, food processing plants, and dairy chilling machines. Its offerings include Good Agricultural Practice certified modules and renewable energy systems, designed to support the post-harvest value addition processes. InspiraFarms targets small to medium-sized enterprises within the fruit, vegetable, and dairy industries, ensuring that its solutions meet global food safety certification and quality standards. By collaborating with various actors in value chains across Central America and East Africa, InspiraFarms aims to facilitate access to healthy and nutritious food for both local and international markets.

SolarNow

Debt Financing in 2016
SolarNow provides solar energy and financing solutions in East Africa through a subsidiary, offering solar home systems, electrical appliances, and power solutions for rural and urban households, entrepreneurs, and institutions. The company serves households, small businesses, farming operations, and corporate customers with flexible credit and service options to access clean, affordable energy. Founded in 2011 by Willem Nolens, it is headquartered in Nijmegen, the Netherlands, with operations in Uganda and Kenya.
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