Off-Grid Startups in Africa

Overview Powered by AI

Off-grid gains traction in rural areas, driven by improved technology and financing. Energy+ dominates the sector with its pay-as-you-go model. Local business leaders see huge potential but acknowledge challenges in distribution and affordability.

Cummulative Funding

$54.8M+

Total # of Companies

4

Total Deal Count

6

Total M&A Count

0

Total # of Investors

13

List of Off-Grid startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Sturdee Energy is a pan-African Independent Power Producer focused on renewable energy projects in Sub-Saharan Africa.

Funding Round

$ 44,000,000

2010

2.

Hydrobox is a Kenyan Energy startup aiming at powering up Africa through a renewable energy revolution

Debt Financing

$ 9,800,000

2018

3.

Energy+ is an off-grid solar company on a mission to deliver affordable and reliable energy to off-grid households in Mali

Venture

$ 1,000,000

2017

4.

Solarworx is a Berlin-based Energy startup that develops smart solar solutions for rural off-grid households in Africa.

Seed

Undisclosed

2017

Founded

2010

Overview

Sturdee Energy is a pan-African Independent Power Producer focused on renewable energy projects in Sub-Saharan Africa.

Last round

Funding Round

Total raised

$ 44,000,000

Employee

11-50

Hydrobox

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

Energy+

Founded

2017

Overview

Energy+ is an off-grid solar company on a mission to deliver affordable and reliable energy to off-grid households in Mali

Last round

Venture

Total raised

$ 1,000,000

Employee

11-50

SolarWorX

Founded

2017

Overview

Solarworx is a Berlin-based Energy startup that develops smart solar solutions for rural off-grid households in Africa.

Last round

Seed

Total raised

$ 0

Employee

2-10

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