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

$72.4M+

Total # of Companies

6

Total Deal Count

18

Total M&A Count

0

Total # of Investors

21

List of Utilities startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

KarmSolar is Egypt's largest private solar utility company

Debt Financing

$ 25,000,000

2011

2.

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

3.

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

4.

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

5.

ear1 is a Nigerian social media startup that allows people to talk to influencers.

Pre-seed

$ 520,000

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

ear1

Founded

Overview

ear1 is a Nigerian social media startup that allows people to talk to influencers.

Last round

Pre-seed

Total raised

$ 520,000

Employee

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