Altech
Venture Round in 2024
Altech Group is a developer of renewable energy products focused on enhancing access to clean, renewable, and affordable energy for households with limited or no grid connectivity. The company offers cost-effective systems that empower off-grid customers to use sustainable energy for various appliances, including solar home systems, solar lamps, and cookstoves. Through its innovative solutions, Altech aims to facilitate savings for users while promoting environmental sustainability and improving overall living conditions for those in energy-poor communities.
EcoNetix
Seed Round in 2024
EcoNetix provides a comprehensive solution for ensuring accurate and transparent data while actively contributing to the development of a greener planet and the fulfillment of UNIDO's Sustainable Development Goals.
Circadian Technologies GmbH
Seed Round in 2023
Circadian Technologies is a developer of a decentralized energy management platform aimed at accelerating the energy transition in frontier markets. The company offers a Software-as-a-Service (SaaS) solution that enables solar developers and energy service companies to optimize their operations and enhance profitability. By capturing data from multiple sources at a high frequency, Circadian's platform performs edge calculations and integrates this information into the cloud, providing clients with actionable insights. The company's proprietary Internet-of-Things hardware complements the software, delivering an end-to-end solution that improves the design, financing, operation, and maintenance of decentralized renewable energy systems for commercial and industrial sites.
Beacon Power Services
Seed Round in 2022
Beacon Power Services, established in 2013 and headquartered in Lagos, Nigeria, specializes in designing and implementing energy management solutions for commercial and industrial facilities. The company's core offering is its AI-enabled grid management platform, Adora, which provides real-time visibility into network performance for electric utilities, enabling them to anticipate outages, identify network losses, and distribute electricity more efficiently. Additionally, Adora empowers consumers with control over their energy infrastructure, facilitating invoicing, installations, and logistics. Beacon Power Services aims to enhance the quality and duration of electricity supplied in African cities by building smart grids and leveraging data to reduce inefficiencies in power distribution systems.
Hohm Energy
Seed Round in 2022
Hohm Energy is a company based in Gauteng, South Africa, founded in 2021. It operates an online marketplace that facilitates connections between customers and accredited solar providers, product suppliers, and financiers. The company offers a comprehensive solar purchasing experience by leveraging scalable technology to manage the entire solar transition journey for clients. This includes scoping solutions, installation, and ongoing operations and maintenance, aiming to accelerate the adoption of solar rooftops and contribute to a lower-carbon future.
Solar Taxi Ghana
Venture Round in 2022
Solar Taxi Ghana provides transportation services that ensure a clean and sustainable environment using renewable energy at competitive prices. They also provide B2B, and B2C courier services for food, clothes, electronics, packages, and more. They serve a ride hailing platform that is serviced solely by electric vehicles
Hohm Energy
Venture Round in 2022
Hohm Energy is a company based in Gauteng, South Africa, founded in 2021. It operates an online marketplace that facilitates connections between customers and accredited solar providers, product suppliers, and financiers. The company offers a comprehensive solar purchasing experience by leveraging scalable technology to manage the entire solar transition journey for clients. This includes scoping solutions, installation, and ongoing operations and maintenance, aiming to accelerate the adoption of solar rooftops and contribute to a lower-carbon future.
Ecobodaa
Venture Round in 2021
Ecobodaa is a platform that specializes in electric motorbike hailing services, catering to customers seeking sustainable transportation options. The company operates on a lease-to-own credit model, making it accessible for bodaboda riders to acquire electric motorbikes affordably. Each vehicle is equipped with an anti-theft GPS tracker, ensuring the safety and security of the riders. By promoting no-emission transportation, Ecobodaa aims to contribute to environmental sustainability while providing a reliable mode of transport.
TRí develops and sells electric vehicles, batteries, storage and charging systems.
CarbonClear
Venture Round in 2021
CarbonClear, established in 2018 and based in Copenhagen, Denmark, operates an online platform offering an off-grid solar program aimed at reducing global carbon emissions. The company focuses on deploying Solar Home Systems and solar off-grid installations through partnerships in underfunded communities across developing and emerging economies. By collecting data from these projects, CarbonClear generates big data sets that enable the issuance of third-party verified, traceable carbon credits. These credits are instantly available for purchase by global buyers, facilitating carbon offset transactions.
Oolu Inc. is a solar energy company based in Dakar, Senegal, with an additional office in San Francisco, California. It specializes in the installation of solar home systems and provides technical support and maintenance services to households in West Africa. Oolu's offerings include solar systems equipped with adjustable lights and USB ports, powered by batteries that can hold a charge for up to six hours. The company aims to improve energy access for rural and peri-urban communities by implementing a monthly payment model that reduces financial barriers. This model not only allows customers to benefit from affordable and reliable energy but also includes maintenance, parts, and battery replacements within the service package. By fostering trust within local communities, Oolu seeks to expand its impact and become a leading provider of energy and financial services in the developing world.
upOwa is a social business that develops, deploys, and maintains innovative solar home systems in off-grid African communities. These systems provide affordable access to clean electricity, replacing traditional sources like kerosene lamps. By doing so, upOwa enables significant social and economic improvements at the community level while maintaining financial profitability and promoting environmental sustainability.
Daystar Power
Series A in 2019
Daystar Power specializes in delivering solar power and energy efficiency solutions tailored for businesses in the commercial, industrial, and agricultural sectors. By providing affordable, reliable, and clean power through solar hybrid systems, Daystar Power helps its clients significantly reduce power costs, diesel consumption, and environmental pollution. The company offers these services to customers either as a cash sale or on a monthly fee basis, ensuring stable power supply for businesses across Africa.
ASOBO
Venture Round in 2019
ASOBO is a Nairobi-based company founded in 2019, specializing in the manufacture of electric outboard engines powered by lithium batteries. The company's primary focus is on providing sustainable e-mobility solutions for fishermen operating on Lake Victoria in East Africa. By offering these electric outboard engines on a full-service basis, ASOBO enables fishers to utilize clean energy, thereby reducing costs and promoting environmentally friendly practices. Through its innovative approach, ASOBO aims to create a sustainable platform for marine transportation in emerging markets.
Zonful Energy
Seed Round in 2018
Zonful Energy Pvt (Ltd) is a Harare-based company established in 2014 that specializes in providing affordable and reliable solar home systems in Zimbabwe. The company focuses on delivering clean energy solutions to off-grid areas, promoting energy access for underserved communities. Zonful Energy offers modular, decentralized, and scalable solar energy systems, which include solar panels, batteries, and various appliances such as lights, radios, and televisions. By enabling customers to utilize advanced energy management products, Zonful Energy not only helps them save on energy costs but also contributes to environmental sustainability.
SolarWorks!
Venture Round in 2018
SolarWorks! specializes in the development, manufacturing, and marketing of high-quality solar solutions aimed at providing lighting and low-voltage electricity in areas with limited or no access to conventional power sources. The company's products harness solar energy to deliver reliable lighting and charge devices, significantly enhancing the quality of life for individuals in off-grid situations. By focusing on sustainable energy solutions, SolarWorks! addresses the challenges faced by communities without adequate electricity, ensuring that they have access to essential power for their daily needs.
Zonful Energy
Corporate Round in 2018
Zonful Energy Pvt (Ltd) is a Harare-based company established in 2014 that specializes in providing affordable and reliable solar home systems in Zimbabwe. The company focuses on delivering clean energy solutions to off-grid areas, promoting energy access for underserved communities. Zonful Energy offers modular, decentralized, and scalable solar energy systems, which include solar panels, batteries, and various appliances such as lights, radios, and televisions. By enabling customers to utilize advanced energy management products, Zonful Energy not only helps them save on energy costs but also contributes to environmental sustainability.
upOwa is a social business that develops, deploys, and maintains innovative solar home systems in off-grid African communities. These systems provide affordable access to clean electricity, replacing traditional sources like kerosene lamps. By doing so, upOwa enables significant social and economic improvements at the community level while maintaining financial profitability and promoting environmental sustainability.
Altech
Venture Round in 2018
Altech Group is a developer of renewable energy products focused on enhancing access to clean, renewable, and affordable energy for households with limited or no grid connectivity. The company offers cost-effective systems that empower off-grid customers to use sustainable energy for various appliances, including solar home systems, solar lamps, and cookstoves. Through its innovative solutions, Altech aims to facilitate savings for users while promoting environmental sustainability and improving overall living conditions for those in energy-poor communities.
EcoEnergy
Venture Round in 2018
EcoEnergy is a solar energy company that focuses on providing pay-as-you-go electricity services to off-grid rural communities in Pakistan. By utilizing solar technology, the company aims to deliver essential lighting and power solutions to households and small businesses that lack reliable access to electricity. EcoEnergy’s innovative distribution networks enable users to power lights, cell phones, fans, and televisions, thereby improving the quality of life for individuals in underserved areas. Through its commitment to renewable energy, EcoEnergy seeks to enhance access to clean electricity and support sustainable development in remote regions.
Mines
Venture Round in 2018
Mines.io, Inc. is a financial analytics company that operates a platform focused on mobile data. Its flagship product, Mteka, is an in-memory analytics solution capable of processing vast amounts of mobile carrier data rapidly, allowing for the creation and deployment of predictive models in real time. The company's services are designed to assist mobile operators in monetizing their data while enabling financial institutions to expand their customer reach. Among its offerings are a credit scoring service that evaluates consumer credit risk based on mobile behavior, a fraud detection system that identifies suspicious activities in real time, and behavior modeling tools that enhance customer identity verification. Additionally, the company employs risk analysis and machine learning techniques to help insurance providers tailor premiums based on consumer risk profiles. Founded in 2013 and based in San Francisco, Mines.io aims to leverage mobile data to improve financial services and consumer access to credit.
Candi
Venture Round in 2018
Candi is a solar company specializing in small-scale commercial and industrial rooftop solar battery solutions. It focuses on harnessing solar energy by offering installation and operational services for rooftop solar systems. Candi aims to deliver solar and storage services at reduced costs, helping businesses and individuals lower their energy expenses while also contributing to a decrease in carbon emissions. Through its innovative solutions, the company seeks to generate long-term value for its clients by promoting sustainable energy practices.
Oolu Inc. is a solar energy company based in Dakar, Senegal, with an additional office in San Francisco, California. It specializes in the installation of solar home systems and provides technical support and maintenance services to households in West Africa. Oolu's offerings include solar systems equipped with adjustable lights and USB ports, powered by batteries that can hold a charge for up to six hours. The company aims to improve energy access for rural and peri-urban communities by implementing a monthly payment model that reduces financial barriers. This model not only allows customers to benefit from affordable and reliable energy but also includes maintenance, parts, and battery replacements within the service package. By fostering trust within local communities, Oolu seeks to expand its impact and become a leading provider of energy and financial services in the developing world.
Catalyst enable.digital
Venture Round in 2017
Catalyst enable.digital AG, founded in 2017 and headquartered in Zurich, Switzerland, specializes in information technology advisory and implementation services. The company addresses the data and IT challenges faced by high-growth social impact ventures. It offers a range of services including IT setup, consulting, design, implementation, and ongoing support and maintenance. Catalyst enable.digital serves various sectors such as financial accounting, customer service, credit portfolio management, sales, distribution, inventory management, solar energy, and business intelligence. The firm also develops digital technology and data management systems that facilitate seamless operations through secure data storage solutions, helping clients manage their data effectively and cost-efficiently.
BOS Balance of Storage Systems
Venture Round in 2016
BOS Balance of Storage Systems AG, established in 2014 and headquartered in Illerkirchberg, Germany, with an additional office in Neu-Ulm, manufactures and supplies energy storage systems for both off-grid and on-grid applications in the renewable energy sector. The company specializes in decentralized energy supply, offering a range of products including lithium extension batteries, hybrid storage solutions, and grid components. These systems are designed to support intelligent load management, making them suitable for various applications such as private households, remote electrification projects, industrial power cabinets, and off-grid locations like mountain huts and lighthouses.
Rensource
Venture Round in 2016
Rensource Inc, established in 2015 and headquartered in Lagos, Nigeria, is a unique energy company operating as a financial services business. It offers subscription-based solar power services to consumers and small businesses, generating electricity through small solar-hybrid systems installed on customers' premises. Rensource provides tailored plans such as Go, Eco, Duplo, and Pro, catering to diverse energy needs. Central to its operations is an internal 'bank' that finances these systems and manages credit operations, underwriting and servicing monthly collections from final customers. Rensource's mission is to transition Nigeria towards predominantly distributed, renewables-based power generation.
Devergy
Seed Round in 2015
Devergy is a social energy utility based in Ghana that focuses on delivering reliable and affordable electricity services to low-income communities in developing countries, particularly in off-grid rural areas like Tanzania. The company operates village-sized energy micro-grids powered by solar energy, enabling households and businesses to access electricity. These micro-grids are designed with adaptive capacity and are regularly monitored to ensure efficient service delivery. By providing solar power, Devergy aims to improve the quality of life for underserved populations while promoting sustainable energy solutions.
PEG
Pre Seed Round in 2015
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
Bboxx
Venture Round in 2014
Bboxx, established in 2010 and headquartered in London, specializes in designing, manufacturing, and distributing plug-and-play solar systems. The company's product range includes solar home systems, remote monitoring products, portable lights, radios, LED TVs, and phone chargers, along with installation and maintenance services. Bboxx serves customers in the UK and internationally through a network of distributors, focusing on enhancing access to energy in developing countries, particularly in Africa. The company aims to provide a western energy experience off-grid and in rural areas, combining access to electricity with superior customer service.