Renewable Energy Startups in Africa
Step into the thriving world of Renewable Energy startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in Renewable Energy.
Cummulative Funding
$2.4B+
Total # of Companies
81
Total Deal Count
252
Total M&A Count
2
Total # of Investors
438
List of Renewable 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. | Series D | $ 576,000,000 | 2009 | |
d.light is an international Energy startup that serves people without access to reliable electricity. | Debt Financing | $ 515,200,000 | 2007 | |
ZOLA Electric is a Silicon Valley startup democratizing clean energy access and smart storage power solutions. | Venture | $ 306,100,000 | 2011 | |
Lumos is a Clean Energy company and a leading provider of high-quality solar home systems that is revolutionising the African market. | Debt Financing | $ 212,000,000 | 2012 | |
Bboxx is an African-focused next generation utility startup which provides access to affordable clean energy. | Convertible Note | $ 161,374,625 | 2010 | |
Solar power and Energy efficiency solutions for businesses | Debt Financing | $ 88,546,000 | 2017 | |
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 | |
Azuri is a leading commercial provider of PayGo Solar Home Systems for rural off-grid homes. | Corporate | $ 51,000,000 | 2012 | |
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 | |
Sistema.bio is a hybrid reactor biodigester that transforms the manure of animals into biogas and a potent, natural fertilizer. | Debt Financing | $ 27,950,000 | 2010 | |
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 | |
KarmSolar is Egypt's largest private solar utility company | Debt Financing | $ 25,000,000 | 2011 | |
Altech is a Congolese energy startup which provides renewable energy for the off-grid | Debt Financing | $ 21,000,000 | 2013 | |
Starsight Energy is a Nigerian independent energy efficiency startup delivering sustainable solar power and cooling services. | Debt Financing | $ 20,000,000 | 2008 | |
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 | |
Africa GreenCo aims to increase private sector investment in energy generation in sub-Saharan Africa | Venture | $ 15,500,000 | 2015 | |
Oolu's mission is to provide off-grid households with high quality products at an affordable price. | Venture | $ 14,200,000 | 2015 | |
Qotto sells solar home systems to rural households in West Africa with a pay-as-you-go model. | Series A | $ 14,000,000 | 2016 |
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
Series D
Total raised
$ 576,000,000
Employee
1001-5000
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
2011
Overview
ZOLA Electric is a Silicon Valley startup democratizing clean energy access and smart storage power solutions.
Last round
Venture
Total raised
$ 306,100,000
Employee
1,001-5,000
Founded
2012
Overview
Lumos is a Clean Energy company and a leading provider of high-quality solar home systems that is revolutionising the African market.
Last round
Debt Financing
Total raised
$ 212,000,000
Employee
201-500
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
2017
Overview
Solar power and Energy efficiency solutions for businesses
Last round
Debt Financing
Total raised
$ 88,546,000
Employee
51-100
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
2012
Overview
Azuri is a leading commercial provider of PayGo Solar Home Systems for rural off-grid homes.
Last round
Corporate
Total raised
$ 51,000,000
Employee
201-500
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
2010
Overview
Sistema.bio is a hybrid reactor biodigester that transforms the manure of animals into biogas and a potent, natural fertilizer.
Last round
Debt Financing
Total raised
$ 27,950,000
Employee
51-200
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
2011
Overview
KarmSolar is Egypt's largest private solar utility company
Last round
Debt Financing
Total raised
$ 25,000,000
Employee
51-200
Founded
2013
Overview
Altech is a Congolese energy startup which provides renewable energy for the off-grid
Last round
Debt Financing
Total raised
$ 21,000,000
Employee
201-500
Founded
2008
Overview
Starsight Energy is a Nigerian independent energy efficiency startup delivering sustainable solar power and cooling services.
Last round
Debt Financing
Total raised
$ 20,000,000
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
2015
Overview
Africa GreenCo aims to increase private sector investment in energy generation in sub-Saharan Africa
Last round
Venture
Total raised
$ 15,500,000
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
2016
Overview
Qotto sells solar home systems to rural households in West Africa with a pay-as-you-go model.
Last round
Series A
Total raised
$ 14,000,000
Employee
201-500