CleanTech Startups in Africa
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CleanTech is gaining traction in East Africa, driven by the need for affordable energy access. Companies like M-KOPA and Daystar Power are leading the charge with innovative pay-as-you-go models. However, market growth is hindered by financing challenges and limited grid infrastructure. Local business leaders are cautiously optimistic about the sector's potential, but emphasize the need for sustainable business models and government support.
Cummulative Funding
$853.5M+
Total # of Companies
38
Total Deal Count
104
Total M&A Count
2
Total # of Investors
162
List of CleanTech startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
M-KOPA has connected more than 500,000 homes in Kenya, Tanzania and Uganda to solar power, with over 500 new homes being added every day. | Debt Financing | $ 561,100,000 | 2011 | |
Solar power and Energy efficiency solutions for businesses | Debt Financing | $ 88,546,000 | 2017 | |
Oando PLC is one of Africaβs largest integrated energy solutions providers with a proud heritage. | Secondary Market | $ 35,000,000 | 1956 | |
Nithio is a venture-backed energy finance platform that provides services to stakeholders in the distributed solar sector in Africa. | Debt Financing | $ 32,700,000 | 2018 | |
Wassha provide the rental device and charging service using clean energy. | Series C | $ 28,000,000 | 2013 | |
Rensource allows qualifying companies throughout Nigeria and West Africa to start selling Power-as-a-Service (PaaS) to their customers. | Venture | $ 26,740,000 | 2015 | |
The New Forests Company is an Africa-based forestry company with plantations and product base for export markets. | Venture | $ 15,200,000 | 2004 | |
Oolu's mission is to provide off-grid households with high quality products at an affordable price. | Venture | $ 14,200,000 | 2015 | |
Cambridge Industries Ltd (CIL) is an engineering, design, procurement and construction firm focused on renewable energy projects throughout Africa. | Series B | $ 12,750,000 | 2011 | |
Easy Solar is a Renewable Energy distribution in West Africa. | Debt Financing | $ 12,190,000 | 2016 | |
Arnergy is a distributed utility leveraging on internet of things (IOT) in providing reliable solar power for businesses in emerging markets | Venture | $ 12,000,000 | 2003 | |
Associated Battery Manufacturers East Africa is the only largest battery and solar-power manufacturer in Kenya | Funding Round | $ 7,200,000 | 1963 | |
OffGridBox is a Kigali-based startup that provides renewable energy and clean water in remote areas. | Seed | $ 2,505,000 | 2016 | |
Gridless deploys distributed, run-of-river hydroelectric bitcoin mining to accelerate the electrification of rural Africa and decentralize. | Seed | $ 2,000,000 | 2022 | |
Brayfoil Technologies is a clean-tech startup that has created a compliant structure and morphed aerofoil research and design. | Funding Round | $ 1,000,000 | 2017 | |
UpEnergy leverages climate finance to bring aspirational clean energy products within reach. | Debt Financing | $ 1,000,000 | 2011 | |
HelloSolar is the first Pay-as-you-Go solar energy provider to operate in Ethiopia. | Series A | $ 1,000,000 | 2018 | |
Sanivation is a Kenyan startup that provides solution for sanitation problems. | Funding Round | $ 215,000 | 2014 | |
GreenChar is a sustainable energy firm converting sugarcane waste into clean and affordable energy for industrial use in Kenya. | Seed | $ 140,000 | 2013 | |
Massira provides a safe space for women to start the conversation on their Mental, Sexual and Reproductive Health | Seed | $ 100,000 | 2019 |
Founded
2011
Overview
M-KOPA has connected more than 500,000 homes in Kenya, Tanzania and Uganda to solar power, with over 500 new homes being added every day.
Last round
Debt Financing
Total raised
$ 561,100,000
Employee
501-1000
Founded
2017
Overview
Solar power and Energy efficiency solutions for businesses
Last round
Debt Financing
Total raised
$ 88,546,000
Employee
51-100
Founded
1956
Overview
Oando PLC is one of Africaβs largest integrated energy solutions providers with a proud heritage.
Last round
Secondary Market
Total raised
$ 35,000,000
Employee
Founded
2018
Overview
Nithio is a venture-backed energy finance platform that provides services to stakeholders in the distributed solar sector in Africa.
Last round
Debt Financing
Total raised
$ 32,700,000
Employee
2-10
Founded
2013
Overview
Wassha provide the rental device and charging service using clean energy.
Last round
Series C
Total raised
$ 28,000,000
Employee
11-50
Founded
2015
Overview
Rensource allows qualifying companies throughout Nigeria and West Africa to start selling Power-as-a-Service (PaaS) to their customers.
Last round
Venture
Total raised
$ 26,740,000
Employee
151-200
Founded
2004
Overview
The New Forests Company is an Africa-based forestry company with plantations and product base for export markets.
Last round
Venture
Total raised
$ 15,200,000
Employee
11-50
Founded
2015
Overview
Oolu's mission is to provide off-grid households with high quality products at an affordable price.
Last round
Venture
Total raised
$ 14,200,000
Employee
51-200
Founded
2011
Overview
Cambridge Industries Ltd (CIL) is an engineering, design, procurement and construction firm focused on renewable energy projects throughout Africa.
Last round
Series B
Total raised
$ 12,750,000
Employee
101-250
Founded
2016
Overview
Easy Solar is a Renewable Energy distribution in West Africa.
Last round
Debt Financing
Total raised
$ 12,190,000
Employee
51-200
Founded
2003
Overview
Arnergy is a distributed utility leveraging on internet of things (IOT) in providing reliable solar power for businesses in emerging markets
Last round
Venture
Total raised
$ 12,000,000
Employee
11-50
Founded
1963
Overview
Associated Battery Manufacturers East Africa is the only largest battery and solar-power manufacturer in Kenya
Last round
Funding Round
Total raised
$ 7,200,000
Employee
501-1000
Founded
2016
Overview
OffGridBox is a Kigali-based startup that provides renewable energy and clean water in remote areas.
Last round
Seed
Total raised
$ 2,505,000
Employee
11-50
Founded
2022
Overview
Gridless deploys distributed, run-of-river hydroelectric bitcoin mining to accelerate the electrification of rural Africa and decentralize.
Last round
Seed
Total raised
$ 2,000,000
Employee
11-50
Founded
2017
Overview
Brayfoil Technologies is a clean-tech startup that has created a compliant structure and morphed aerofoil research and design.
Last round
Funding Round
Total raised
$ 1,000,000
Employee
2-10
Founded
2011
Overview
UpEnergy leverages climate finance to bring aspirational clean energy products within reach.
Last round
Debt Financing
Total raised
$ 1,000,000
Employee
11-50
Founded
2018
Overview
HelloSolar is the first Pay-as-you-Go solar energy provider to operate in Ethiopia.
Last round
Series A
Total raised
$ 1,000,000
Employee
11-50
Founded
2014
Overview
Sanivation is a Kenyan startup that provides solution for sanitation problems.
Last round
Funding Round
Total raised
$ 215,000
Employee
51-200
Founded
2013
Overview
GreenChar is a sustainable energy firm converting sugarcane waste into clean and affordable energy for industrial use in Kenya.
Last round
Seed
Total raised
$ 140,000
Employee
11-50
Founded
2019
Overview
Massira provides a safe space for women to start the conversation on their Mental, Sexual and Reproductive Health
Last round
Seed
Total raised
$ 100,000
Employee
2-10