Persistent is a venture capital firm established in 2012 and based in Nairobi, Kenya. The company specializes in investing in and developing businesses in underserved markets, with a particular emphasis on early-to-growth-stage enterprises in sectors such as climate, renewable energy, e-mobility, agricultural technology, solar, and water. Persistent aims to provide operational and strategic support to exceptional entrepreneurs, facilitating access to essential services for low-income households, particularly in sub-Saharan Africa. The firm focuses on initiatives that enhance energy access, enabling customers to benefit from electric light, mobile phone charging, and other basic energy services. Through its venture-building model, Persistent seeks to generate both attractive financial returns and significant social and environmental impact.
Altech Group is focused on increasing access to clean, renewable, and affordable energy for households that are either off-grid or have limited access to electricity. The company develops cost-effective renewable energy products, including solar home systems, solar lamps, and cookstoves, which empower off-grid customers to power various appliances. By offering these solutions, Altech aims to help customers save money, utilize sustainable energy sources, and enhance environmental outcomes.
Circadian Technologies GmbH
Seed Round in 2023
Circadian Technologies accelerates the energy transition in frontier markets with a SaaS business model, empowering solar developers & energy service companies to reduce operating costs and grow revenue with a data driven platform and proprietary IoT hardware. Circadian transforms the entire value chain of its customers by uniquely providing an end-to-end solution to better design, finance, operate and maintain decentralized renewable energy systems for commercial & industrial sites.
Hohm Energy
Seed Round in 2022
Hohm Energy is an online marketplace that connects customers with accredited solar providers, product suppliers, and financiers. It provides clients with an evolving solar purchasing experience by utilizing scalable technology that manages their entire solar transition journey from scoping for the solution, installation, ongoing operations, and maintenance. The company was founded in 2021 and is headquartered in Gauteng, South Africa.
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 an online marketplace that connects customers with accredited solar providers, product suppliers, and financiers. It provides clients with an evolving solar purchasing experience by utilizing scalable technology that manages their entire solar transition journey from scoping for the solution, installation, ongoing operations, and maintenance. The company was founded in 2021 and is headquartered in Gauteng, South Africa.
Daystar Power
Series A in 2019
Daystar Power focuses on delivering solar power and energy efficiency solutions tailored for businesses in the commercial, industrial, and agricultural sectors. The company aims to provide affordable, reliable, and clean energy through solar hybrid power systems, which help clients significantly reduce power costs, diesel consumption, and pollution. Daystar Power offers its services through flexible payment options, including cash sales or monthly fees, allowing companies to achieve a stable power supply while minimizing their environmental impact.
Zonful Energy
Seed Round in 2018
Zonful Energy Pvt Ltd, founded in 2014 and based in Harare, Zimbabwe, specializes in providing affordable and reliable off-grid solar energy solutions. The company focuses on promoting energy access in off-grid areas by selling and installing modular, decentralized, and scalable solar home systems. These systems include solar panels, batteries, and a variety of appliances such as lights, radios, and televisions. By offering these clean energy products and services, Zonful Energy enables customers to save money while contributing to environmental sustainability through advanced energy management.
Zonful Energy
Corporate Round in 2018
Zonful Energy Pvt Ltd, founded in 2014 and based in Harare, Zimbabwe, specializes in providing affordable and reliable off-grid solar energy solutions. The company focuses on promoting energy access in off-grid areas by selling and installing modular, decentralized, and scalable solar home systems. These systems include solar panels, batteries, and a variety of appliances such as lights, radios, and televisions. By offering these clean energy products and services, Zonful Energy enables customers to save money while contributing to environmental sustainability through advanced energy management.
Altech
Venture Round in 2018
Altech Group is focused on increasing access to clean, renewable, and affordable energy for households that are either off-grid or have limited access to electricity. The company develops cost-effective renewable energy products, including solar home systems, solar lamps, and cookstoves, which empower off-grid customers to power various appliances. By offering these solutions, Altech aims to help customers save money, utilize sustainable energy sources, and enhance environmental outcomes.
EcoEnergy
Venture Round in 2018
EcoEnergy is a solar technology company focused on providing pay-as-you-go electricity solutions to off-grid rural communities in Pakistan. The company aims to improve the quality of life for individuals and small businesses lacking access to reliable electricity. By establishing distribution networks, EcoEnergy delivers clean energy to power essential appliances such as lights, cell phones, fans, and televisions. This initiative enables underserved populations to access sustainable energy sources, thereby enhancing their living conditions and promoting economic development in these regions.
Rensource
Venture Round in 2016
Rensource is an innovative energy company focused on providing financial services related to renewable energy. It offers a business model that enables companies across Nigeria and West Africa to sell Power-as-a-Service (PaaS) to their customers. Rensource generates electricity through small solar-hybrid systems installed at customer locations. The company operates with an internal financing structure that supports the deployment of these systems and manages monthly collections from customers. By facilitating access to decentralized solar energy, Rensource aims to enhance the productivity of small and medium-sized enterprises (SMEs) in the region while promoting the use of clean energy sources. Its overarching mission is to position Nigeria as a leader in distributed renewable power generation.
BBOXX
Venture Round in 2014
BBOXX designs, manufactures, and distributes solar power systems aimed at improving energy access in Africa and other developing regions. The company focuses on providing off-grid solutions, including solar kits, residential solar installations, and energy kiosks, enabling consumers in rural areas to experience reliable electricity similar to that in western countries. By creating innovative distribution methods, BBOXX seeks to meet the energy needs of underserved populations while ensuring superior customer service. Its operations extend to countries such as Sierra Leone, Kenya, Somalia, and Pakistan, where the company strives to enhance energy management and power production in off-grid environments.
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