Power Startups in Africa

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Power's traction in East Africa is undeniable. While players like Pylon have gained notoriety, local business leaders buzz about Power's disruptive approach. Their focus on affordability, reliability, and ease of use resonates deeply, making them a formidable contender in the region's energy landscape.

Cummulative Funding

$474.6M+

Total # of Companies

6

Total Deal Count

34

Total M&A Count

0

Total # of Investors

47

List of Power startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

CrossBoundary Energy offers fully financed, customized clean energy solutions for business.

Venture

$ 285,000,000

2022

2.

Husk Power Systems provides reliable power to rural communities and businesses, entirely from renewable energy sources

Debt Financing

$ 168,950,000

2008

3.

Pylon is a comprehensive utility management platform powering millions of smart meters in some of the world’s largest emerging markets.

Debt Financing

$ 19,125,000

2017

4.

Deevabits Green Energy is a for-profit social enterprise that distributes Energy products and services to rural customers.

Funding Round

$ 1,561,000

2016

5.

MeshPower Rwanda is an Energy Tech platform that uses innovative technology to provide affordable electricity services to communities in Rwanda.

Grant

Undisclosed

2012

6.

Solar Dev finances solar infrastructure for SMEs in Burkina Faso through turnkey leasing solutions.

Seed

Undisclosed

2021

Founded

2022

Overview

CrossBoundary Energy offers fully financed, customized clean energy solutions for business.

Last round

Venture

Total raised

$ 285,000,000

Employee

51-200

Founded

2008

Overview

Husk Power Systems provides reliable power to rural communities and businesses, entirely from renewable energy sources

Last round

Debt Financing

Total raised

$ 168,950,000

Employee

1,001-5,000

Pylon

Founded

2017

Overview

Pylon is a comprehensive utility management platform powering millions of smart meters in some of the world’s largest emerging markets.

Last round

Debt Financing

Total raised

$ 19,125,000

Employee

51-200

Founded

2016

Overview

Deevabits Green Energy is a for-profit social enterprise that distributes Energy products and services to rural customers.

Last round

Funding Round

Total raised

$ 1,561,000

Employee

11-50

MeshPower

Founded

2012

Overview

MeshPower Rwanda is an Energy Tech platform that uses innovative technology to provide affordable electricity services to communities in Rwanda.

Last round

Grant

Total raised

$ 0

Employee

11-50

Solar Dev

Founded

2021

Overview

Solar Dev finances solar infrastructure for SMEs in Burkina Faso through turnkey leasing solutions.

Last round

Seed

Total raised

$ 0

Employee

2-10

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