Energy Management Startups in Africa
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Energy management is a thriving sector with intense competition. Bboxx and WATT command significant market share, while SHYFT has a niche focus. Local players like Zola Electric are emerging, challenging the dominance of foreign companies. The sector is driven by increasing energy demand, government incentives, and the need for off-grid solutions.
Cummulative Funding
$182.7M+
Total # of Companies
8
Total Deal Count
28
Total M&A Count
1
Total # of Investors
56
List of Energy Management startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Bboxx is an African-focused next generation utility startup which provides access to affordable clean energy. | Convertible Note | $ 161,374,625 | 2010 | |
WATT aims to design, build, own, and operate (DBOOM) renewable energy (RE) projects through solar, wind, and biomass generation. | Venture | $ 13,000,000 | 2016 | |
SHYFT Power Solutions is a Nigerian IoT and data-driven software firm for distributed energy resource performance and operational efficiency. | Seed | $ 4,200,000 | 2016 | |
Beacon Power Services is a leading provider of energy management software and analytics for utilities and mini grid operators across Africa. | Seed | $ 2,700,000 | 2013 | |
Wattnow help compagnies gain actionable insights on their overall energy usage. | Series A | $ 1,500,000 | 2018 | |
WidEnergy is a Zambian Energy startup which works with female sales agents to distribute renewable energy solutions across Zambia | Funding Round | Undisclosed | 2016 | |
Amjaad Technology is an Egyptian innovative company in the field of internet of things (iot) solutions and smart metering systems. | Seed | Undisclosed | 2017 | |
Amjaad is an Egyptian IoT startup that developed ioMeter, a web and mobile based platform for energy management and consumption monitoring purposes. | Seed | Undisclosed | 2018 |
Founded
2010
Overview
Bboxx is an African-focused next generation utility startup which provides access to affordable clean energy.
Last round
Convertible Note
Total raised
$ 161,374,625
Employee
501-1,000
Founded
2016
Overview
WATT aims to design, build, own, and operate (DBOOM) renewable energy (RE) projects through solar, wind, and biomass generation.
Last round
Venture
Total raised
$ 13,000,000
Employee
51-200
Founded
2016
Overview
SHYFT Power Solutions is a Nigerian IoT and data-driven software firm for distributed energy resource performance and operational efficiency.
Last round
Seed
Total raised
$ 4,200,000
Employee
2-10
Founded
2013
Overview
Beacon Power Services is a leading provider of energy management software and analytics for utilities and mini grid operators across Africa.
Last round
Seed
Total raised
$ 2,700,000
Employee
11-50
Founded
2018
Overview
Wattnow help compagnies gain actionable insights on their overall energy usage.
Last round
Series A
Total raised
$ 1,500,000
Employee
2-10
Founded
2016
Overview
WidEnergy is a Zambian Energy startup which works with female sales agents to distribute renewable energy solutions across Zambia
Last round
Funding Round
Total raised
$ 0
Employee
11-50
Founded
2017
Overview
Amjaad Technology is an Egyptian innovative company in the field of internet of things (iot) solutions and smart metering systems.
Last round
Seed
Total raised
$ 0
Employee
11-50
Founded
2018
Overview
Amjaad is an Egyptian IoT startup that developed ioMeter, a web and mobile based platform for energy management and consumption monitoring purposes.
Last round
Seed
Total raised
$ 0
Employee
11-50