Utilities Startups in Africa

Overview Powered by AI

Utilities sector is buzzin' but execution still a challenge. Pylon's strong in metros, KarmSolar focused on rural. Sahl's got niche expertise in mining. Local leaders see potential but want more clarity on regulation and incentives. Loadsheding remains a major pain, pushing corporates towards renewables.

Cummulative Funding

$119.9M+

Total # of Companies

6

Total Deal Count

19

Total M&A Count

0

Total # of Investors

19

List of Utilities startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Wetility enables you smartly generate solar power on your rooftop, then seamlessly store, release and monitor clean energy to your home or business.

Debt Financing

$ 48,000,000

2019

2.

KarmSolar is Egypt's largest private solar utility company

Debt Financing

$ 25,000,000

2011

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.

Sahl is a mobile bill payment app that uses NFC technology to allow users pay bills for utility services.

Series A

$ 6,000,000

2020

5.

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

Wetility

Founded

2019

Overview

Wetility enables you smartly generate solar power on your rooftop, then seamlessly store, release and monitor clean energy to your home or business.

Last round

Debt Financing

Total raised

$ 48,000,000

Employee

51-200

KarmSolar

Founded

2011

Overview

KarmSolar is Egypt's largest private solar utility company

Last round

Debt Financing

Total raised

$ 25,000,000

Employee

51-200

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

Sahl

Founded

2020

Overview

Sahl is a mobile bill payment app that uses NFC technology to allow users pay bills for utility services.

Last round

Series A

Total raised

$ 6,000,000

Employee

51-200

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

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