Planet Rise
1 George St, #07-03, Singapore, Central Region, 049145
Overview
Planet Rise invests in and supports sustainable businesses that use technology to make the world a better place. They combine Steve's start-up and investment experience with Liz's 20 years in corporate finance and change management responsibilities. They are dedicating their resources and time to help mitigate a climate emergency.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- SOLshare
Participated · Series A · Mar 2024
ME SOLshare Ltd. is a climate-tech startup focused on managing and monetizing distributed energy assets in Bangladesh. The company is building technology to remotely control smart batteries installed in the country’s 5 million-plus electric three-wheeler taxis. By 2029, SOLshare aims to network 1 million of these batteries, boosting driver earnings while allowing the aggregated capacity to buffer roughly 10 % of Bangladesh’s peak electricity demand. The vision relies on scaling solar PV adoption alongside its battery platform to accelerate the nation’s energy transition. The firm positions itself at the frontlines of climate change, addressing real-world power-access challenges in emerging markets. Financially, SOLshare has just secured new capital to advance this expansion, closing US$2.2 million of a larger US$4 million Series A+ financing.
Team
No current team members are available.