Led · Equity · Nov 2025

Sawa Energy develops and operates distributed solar and battery storage systems for commercial and industrial customers across East Africa. The company focuses on replacing costly and unreliable grid electricity and diesel generation with dependable, affordable clean energy solutions. With the newly secured US$10 million debt facility from Oikocredit and GCPF, Sawa plans to deploy roughly 35 MW of solar capacity over the next 36 months, targeting about 250 C&I projects. CEO and co-founder Samuel Kaufman emphasized the funding will accelerate rollout of clean energy infrastructure, lower customer energy costs, and enhance operational resilience. The company positions itself as advancing energy security and climate action in the region through its C&I portfolio.

Led · Series B · Oct 2023

Freyr Energy is a Hyderabad-based rooftop solar company that oversees the entire process of designing, acquiring, and installing rooftop solar systems. The company sells and implements rooftop solar solutions and manages system performance end to end. According to the company press release, proceeds from the recent round will be used to expand the team, advance product development, and increase marketing. Freyr disclosed a Series B equity infusion of Rs 58 crore ($7 million) in the most recent financing. In April 2021 the startup previously received equity investments totaling Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia, and C4D Partners. No operating metrics (revenue or user counts) were disclosed in the article. Freyr Energy uses a proprietary software environment and the SunPro+ customer app to digitalise the rooftop solar customer journey for homeowners and MSMEs. SunPro+ is designed to simplify acquisition, financing, execution and after-sales service, making ownership of a solar system simple and seamless. The company announced an equity investment of ₹18 crore to accelerate growth and enhance customer experience. Investors praised the SunPro+ platform as a key success factor that can ease rooftop customer acquisition and management. Freyr intends to scale its rooftop offering and contribute to mass-market solar adoption while creating employment opportunities within its vendor network. Strategic backers are expected to provide not only capital but global energy-sector experience to support expansion. Freyr Energy is a Hyderabad-based rooftop solar company that builds and deploys decentralized solar installations supported by a technology platform. The company says it will use new capital to improve its technology platform, expand its sales and channel partner network, and support marketing to accelerate growth in India and other major solar markets. Freyr has achieved 16X revenue growth over the last four years and has been profitable for the past two years. It has completed over 1,000 installations across 18 Indian states and serves customers in the USA, Nigeria and Ghana. Last year it secured seed funding from Doen-Participaties, a Netherlands-based investor, and is now pursuing broader international expansion supported by its platform and partner strategy.

Led · Equity · Dec 2022

Solarise Africa is a pan-African Energy-as-a-Service company that designs, builds, finances and maintains decentralised renewable energy installations for commercial and industrial customers. The company provides reliable and affordable solar solutions across Kenya, South Africa, Uganda and Rwanda. It offers tailored financing and full-service support to enable businesses to adopt renewable energy. Solarise was nominated as African Solar Company Of The Year in the 2022 AFSIA Solar Awards. With the recent $3m investment from EDFI ElectriFI, Solarise plans to expand its team and scale deployments, particularly in Kenya where most operations take place. The company is using the financing to fund operations and grow its asset portfolio while preparing for an upcoming equity round. Solarise Africa offers innovative renewable energy leasing and smart financing solutions that reduce upfront capital expenditure for industrial and commercial customers, using manageable instalment payments and short payback periods. The company partners with selected renewable energy solution providers to deliver decentralised renewable energy production solutions that help firms mitigate grid outages and optimise costs. Solarise reports deployments and an expanding project pipeline across Kenya, South Africa and Rwanda. Management says the financing model enables African SMEs to adopt clean energy quickly by addressing a critical financing barrier. Investors and partners cite successful deployments, pipeline development and demonstrated bankability during a short period, including resilience through the COVID-19 crisis. The company intends to use new capital to fund project deployments, grow market share in current countries of operation and support further expansion across Africa. Solarise leases solar and other energy assets and provides smart financing through a group of partners to commercial and industrial (C&I) customers. The company was founded by Patrik Huber, Jan Albert Valk, and Sakkie van Wijk and is based in Kenya. It has secured an undisclosed Series A to support scaling across Africa. Existing investor EAV has reinvested in the latest round alongside the European Union‑funded ElectriFI. Solarise previously raised a Series A in October 2018 led by EAV. Management emphasizes the role of sustainable solar solutions in lowering carbon footprints and expanding access to reliable, affordable energy for Africa’s businesses.

Participated · Debt Financing · Nov 2022

Founded in 2013 by Samir Ibrahim and Charlie Nichols, SunCulture designs, manufactures, and distributes solar-powered water pumps that replace costly diesel and manual irrigation methods for smallholder farmers. The company couples its hardware with a pay-as-you-grow financing model, lowering the upfront cost barrier and making the technology accessible to low-income users. To date, more than 45,000 smallholder farmers have adopted SunCulture’s solutions, improving crop yields while gaining reliable access to clean water for drinking, cooking, and cleaning. Revenue and user figures beyond this adoption metric were not disclosed, but the firm positions itself at the intersection of climate resilience, agriculture, and clean energy. With fresh capital, SunCulture plans to strengthen manufacturing and distribution operations and to expand into additional African markets, including Uganda, Ivory Coast, Ethiopia, Zambia, and Togo. The company also intends to refine its financing products to make solar irrigation even more affordable, aligning its growth with broader goals of water security and food sustainability across the region.

Participated · Series A · Jul 2021

MyJouleBox, active since 2012, operates across West Africa under the trade brand ARESS and provides a range of off-grid solar solutions from solar home systems to large back-up systems for commercial customers. The company follows a one-stop-shop approach serving retail, SMEs and community segments and has reached more than 300,000 people in four countries. Operating profitably since inception, MyJouleBox positions itself as a cost-efficient last-mile operator with developed technical and commercial know-how. The funding announced targets deployment of up to 36 MW of photovoltaic modules by 2023 and aims to add roughly 55,000 new beneficiaries while saving over 40,000 tons of CO2 equivalent per year. The company plans to strengthen its position in Benin and accelerate expansion into Burkina Faso, Senegal and Togo.