Energy Startups in Africa
Overview Powered by AI
Home solar market maturing, moving towards larger systems and services. Competition high, but consolidation likely. Distribution partnerships key for scale, financing options critical for affordability.
Cummulative Funding
$2.2B+
Total # of Companies
19
Total Deal Count
107
Total M&A Count
0
Total # of Investors
216
List of Energy startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Sun King designs, distributes and finances Sun King solar home energy solutions to households and businesses who lack reliable access to the grid. | Debt Financing | $ 713,000,000 | 2009 | |
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 | |
d.light is an international Energy startup that serves people without access to reliable electricity. | Debt Financing | $ 515,200,000 | 2007 | |
CrossBoundary Energy offers fully financed, customized clean energy solutions for business. | Private Equity | $ 180,000,000 | 2022 | |
SunFunder is unlocking debt capital for solar energy access & climate change | Grant | $ 81,320,000 | 2012 | |
Virunga Power is focused on developing sustainable power generation and distribution systems on a community scale in rural areas of sub-Saharan Africa. | Venture | $ 64,640,000 | 2011 | |
Solarise Africa owns and leases captive rooftop and ground mounted solar projects for commercial and industrial clients in Africa. | Venture | $ 55,600,000 | 2017 | |
Powerhive is a Kenyan startup that provides resilient energy infrastructure for off-grid communities. | Series B | $ 43,800,000 | 2011 | |
Angaza is a Kenya-based Alternative Energy startup that develops solar energy systems designed to increase clean energy access in off-grid markets | Series B | $ 29,500,000 | 2010 | |
responsAbility Renewable is looking to invest in and co-develop small to medium-sized renewable energy projects in Sub-Saharan Africa. | Private Equity | $ 19,000,000 | 2013 | |
Hydrobox is a Kenyan Energy startup aiming at powering up Africa through a renewable energy revolution | Debt Financing | $ 9,800,000 | 2018 | |
PayGo Energy is a distribution service that harnesses the power of pay-as-you-go-technology | Venture | $ 8,500,000 | 2014 | |
Associated Battery Manufacturers East Africa is the only largest battery and solar-power manufacturer in Kenya | Funding Round | $ 7,200,000 | 1963 | |
Pawame's purpose is to provide energy access as a gateway to financial empowerment and limitless opportunity in Sub-Saharan Africa. | Equity CrowdFunding | $ 5,743,000 | 2016 | |
PowerGen is building the Energy System of the Future in Africa | Series B | $ 4,500,000 | 2011 | |
Sanivation is a Kenyan startup that provides solution for sanitation problems. | Funding Round | $ 215,000 | 2014 | |
PoaPower is an innovative start-up in the renewable energy space. | Convertible Note | $ 188,527 | 2013 | |
GreenChar is a sustainable energy firm converting sugarcane waste into clean and affordable energy for industrial use in Kenya. | Seed | $ 140,000 | 2013 | |
KOKO replaces demand for charcoal through supplying bioethanol cooking fuel distributed through a dense network of high-tech KOKO Fuel ATMs. | Debt Financing | Undisclosed | 2015 |
Founded
2009
Overview
Sun King designs, distributes and finances Sun King solar home energy solutions to households and businesses who lack reliable access to the grid.
Last round
Debt Financing
Total raised
$ 713,000,000
Employee
1001-5000
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
2007
Overview
d.light is an international Energy startup that serves people without access to reliable electricity.
Last round
Debt Financing
Total raised
$ 515,200,000
Employee
201-500
Founded
2022
Overview
CrossBoundary Energy offers fully financed, customized clean energy solutions for business.
Last round
Private Equity
Total raised
$ 180,000,000
Employee
51-200
Founded
2012
Overview
SunFunder is unlocking debt capital for solar energy access & climate change
Last round
Grant
Total raised
$ 81,320,000
Employee
11-50
Founded
2011
Overview
Virunga Power is focused on developing sustainable power generation and distribution systems on a community scale in rural areas of sub-Saharan Africa.
Last round
Venture
Total raised
$ 64,640,000
Employee
11-50
Founded
2017
Overview
Solarise Africa owns and leases captive rooftop and ground mounted solar projects for commercial and industrial clients in Africa.
Last round
Venture
Total raised
$ 55,600,000
Employee
1-10
Founded
2011
Overview
Powerhive is a Kenyan startup that provides resilient energy infrastructure for off-grid communities.
Last round
Series B
Total raised
$ 43,800,000
Employee
51-200
Founded
2010
Overview
Angaza is a Kenya-based Alternative Energy startup that develops solar energy systems designed to increase clean energy access in off-grid markets
Last round
Series B
Total raised
$ 29,500,000
Employee
51-200
Founded
2013
Overview
responsAbility Renewable is looking to invest in and co-develop small to medium-sized renewable energy projects in Sub-Saharan Africa.
Last round
Private Equity
Total raised
$ 19,000,000
Employee
251-500
Founded
2018
Overview
Hydrobox is a Kenyan Energy startup aiming at powering up Africa through a renewable energy revolution
Last round
Debt Financing
Total raised
$ 9,800,000
Employee
11-50
Founded
2014
Overview
PayGo Energy is a distribution service that harnesses the power of pay-as-you-go-technology
Last round
Venture
Total raised
$ 8,500,000
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
Pawame's purpose is to provide energy access as a gateway to financial empowerment and limitless opportunity in Sub-Saharan Africa.
Last round
Equity CrowdFunding
Total raised
$ 5,743,000
Employee
10-250
Founded
2011
Overview
PowerGen is building the Energy System of the Future in Africa
Last round
Series B
Total raised
$ 4,500,000
Employee
101-250
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
PoaPower is an innovative start-up in the renewable energy space.
Last round
Convertible Note
Total raised
$ 188,527
Employee
1-10
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
2015
Overview
KOKO replaces demand for charcoal through supplying bioethanol cooking fuel distributed through a dense network of high-tech KOKO Fuel ATMs.
Last round
Debt Financing
Total raised
$ 0
Employee
1,001-5,000