PowerGen is a Kenyan renewable energy firm that builds and operates micro-grids. The company focuses on expanding access to electricity through its micro-grid portfolio. It plans to use new funding to expand its current micro-grid portfolio and provide more people with access to electricity within the next two years. In the announced financing PowerGen raised $4.5 million in a Series A. The round was led by Dutch firm DOB Equity and included AHL Venture Partners and private investors Marc Beuls and Billy Harbert. The proceeds are intended to fund the company’s micro-grid expansion over the coming two-year period.

Total raised

$5M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2017