E3 Capital

E3 Capital is an investment firm that focuses on enhancing energy access in Sub-Saharan Africa. It serves as an advisor to the Energy Access Venture Fund, which is dedicated to financing entrepreneurial businesses that tackle the region's electrification challenges through innovative technologies and business models. The fund is supported by Schneider Electric, a leading energy management company, along with various public-sector investors. E3 Capital aims to promote sustainable energy solutions to address the significant energy access gap in Sub-Saharan Africa.

Michael Gera Ph.D

Co-Founder and Managing Partner

Paras Patel

Co-Founder and Managing Partner

43 past transactions

Kofa

Seed Round in 2025
Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.

Insight Terra

Series A in 2025
Insight Terra operates an environmental risk management platform focused on real-time monitoring of mine tailings and water. The company's solution collects and analyzes data from various sensors across mine sites, validating and enhancing it for visualization in custom dashboards. This enables clients to efficiently manage risks, comply with global standards, and meet ESG requirements.

Cutstruct

Seed Round in 2024
Cutstruct operates a technology-driven platform designed to enhance the efficiency and cost-effectiveness of construction projects. The platform serves various construction needs, including price discovery and comparison of materials, optimized procurement processes, and comprehensive project monitoring and management. By facilitating the purchasing of materials, hiring of labor, and overseeing of project logistics, Cutstruct aims to empower construction stakeholders to execute their projects with greater confidence and value. The company's applications are geared towards maximizing the potential of every investment in construction, making it easier for individuals and businesses to navigate the building process.

Plentify

Venture Round in 2024
Plentify develops smart energy technology that connects home appliances with cheaper, cleaner energy through an intelligent residential load management platform. The system matches household demand with clean energy supply, delivering substantial cost savings and helping to reduce reliance on battery storage. By integrating advanced hardware, artificial intelligence, data science, and user-centric design, Plentify creates smart home products that simplify energy management and support electricity systems. The company targets households, energy providers, and municipalities, enabling them to lower risk and bulk electricity costs while improving grid reliability and the share of clean energy in the power mix.

Hohm Energy

Seed Round in 2024
Founded in 2021, Hohm Energy is a South Africa-based company that operates an online marketplace connecting customers with accredited solar providers, product suppliers, and financiers. Through scalable technology, it manages the entire solar transition journey, from initial scoping to installation, operations, and maintenance.

Badili

Seed Round in 2024
Badili is a Nairobi-based company established in 2021 that specializes in the buying and selling of used and refurbished mobile phones. The company operates a re-commerce platform aimed at making affordable, high-quality used phones accessible to a broad audience. By providing a diverse selection of renewed mobile devices, Badili enables customers to save money while also contributing to the reduction of electronic waste by extending the life cycle of used phones.

Cavex

Seed Round in 2023
Cavex is a developer of a digital carbon financing platform that connects buyers of carbon credits with various projects. The company focuses on enhancing transparency and efficiency in the carbon credit market. Utilizing advanced digital technology, Cavex enables the validation of project data integrity, ensuring visibility and traceability of project activities. This approach allows companies to acquire carbon credits in a clear and efficient manner, ultimately promoting a more accountable and effective carbon offsetting process.

Untapped Global

Seed Round in 2023
Untapped Global facilitates data-driven investment opportunities for global investors in high-growth businesses across emerging markets. Its innovative Smart Asset Financing model provides real-time tracking of asset usage and revenue streams, ensuring transparency and profitability. With a presence in San Francisco, Brussels, and Africa, the company aims to create shared prosperity by unlocking economic opportunity in underserved regions.

Nuru

Series B in 2023
Nuru is a company based in Goma, Nord-Kivu, Congo, focused on enhancing connectivity and providing affordable energy solutions in the Democratic Republic of Congo. Founded in 2015, Nuru specializes in solar energy and storage micro-grids. It made a significant impact in 2017 by deploying the country's first solar-based mini-grid and is currently working on constructing a 1.3MW solar hybrid site in Goma, which is set to become the largest off-grid mini-grid in sub-Saharan Africa. Nuru's mini-grids utilize solar photovoltaic technology combined with battery storage, allowing commercial and industrial users to access renewable energy effectively.

Nuru

Convertible Note in 2023
Nuru is a company based in Goma, Nord-Kivu, Congo, focused on enhancing connectivity and providing affordable energy solutions in the Democratic Republic of Congo. Founded in 2015, Nuru specializes in solar energy and storage micro-grids. It made a significant impact in 2017 by deploying the country's first solar-based mini-grid and is currently working on constructing a 1.3MW solar hybrid site in Goma, which is set to become the largest off-grid mini-grid in sub-Saharan Africa. Nuru's mini-grids utilize solar photovoltaic technology combined with battery storage, allowing commercial and industrial users to access renewable energy effectively.

Mawingu Networks

Series B in 2023
Mawingu Networks Limited is a telecommunications company based in Nanyuki, Kenya, that focuses on providing wireless Internet services to rural and underserved communities in Africa. Founded in 2013, the company leverages high-performance, low-cost wireless technology combined with solar power to establish fast and reliable internet networks. Mawingu Networks offers Wi-Fi access through public hotspots and broadband connectivity for homes and businesses, employing open technologies to create a scalable network that ensures secure and seamless connectivity even in challenging geographical conditions. By addressing the connectivity gap in remote areas, Mawingu Networks plays a crucial role in enhancing digital access and promoting economic development in the region.

SolarX Africa

Venture Round in 2021
SolarX is a renewable energy company based in Bamako, Mali, specializing in the design, supply, and installation of grid-connected solar photovoltaic systems for commercial and industrial clients in West Africa. Founded in 2020, the company offers a range of turnkey renewable solutions, including engineering, procurement, installation, commissioning, and financial leasing. Its product offerings encompass grid-connected photovoltaic systems that allow direct electricity use, PV-diesel hybrid systems that combine solar and diesel generators, solar pumping systems for water supply during daylight hours, and stand-alone PV systems equipped with batteries for independent energy use. By providing clean and efficient solar solutions, SolarX aims to facilitate the adoption of renewable energy and promote sustainable practices in the region.

SunCulture

Series A in 2020
SunCulture, based in Nairobi, Kenya, develops and sells the AgroSolar Irrigation Kit, a fully solar-powered irrigation system that combines solar water pumping with high-efficiency drip irrigation. The kit is designed to help smallholder farmers grow more with less water and energy, delivering reliable irrigation and enabling additional benefits such as lighting and mobile charging. SunCulture positions itself as a one-stop provider for rural farmers, offering not only the irrigation hardware but also agronomic services, training, access to capital, and market opportunities. By integrating solar pumping, irrigation, and support services, the company aims to improve crop yields, reduce operating costs, and promote sustainable farming through climate technology and a digital marketplace.

ZIZ Energie

Convertible Note in 2020
ZIZ Energie specializes in developing, financing, constructing, and operating decentralized electric grids, primarily focusing on metro-grid projects. They also provide construction services for rural and urban electrification, distribute electrical products, and offer energy services to industrial and commercial clients.

Solarise Africa

Series B in 2020
Solarise Africa is a pan-African energy-as-a-service company that provides financial leasing and flexible financing for solar and other energy assets to commercial and industrial clients. Based in Nairobi, Kenya, it partners with a select group of renewable energy solution providers to deliver decentralised, reliable and affordable power across Africa. The company enables businesses to deploy clean energy systems without upfront capital and to manage energy costs through tailored financial solutions, supporting accelerated adoption of sustainable power for partners and customers.

SolarX Africa

Series A in 2020
SolarX is a renewable energy company based in Bamako, Mali, specializing in the design, supply, and installation of grid-connected solar photovoltaic systems for commercial and industrial clients in West Africa. Founded in 2020, the company offers a range of turnkey renewable solutions, including engineering, procurement, installation, commissioning, and financial leasing. Its product offerings encompass grid-connected photovoltaic systems that allow direct electricity use, PV-diesel hybrid systems that combine solar and diesel generators, solar pumping systems for water supply during daylight hours, and stand-alone PV systems equipped with batteries for independent energy use. By providing clean and efficient solar solutions, SolarX aims to facilitate the adoption of renewable energy and promote sustainable practices in the region.

InspiraFarms

Series B in 2020
InspiraFarms is a company that specializes in manufacturing solar-powered modular technologies for food processing and cold storage. Founded in 2012 and headquartered in London, with additional offices in Kenya, Southern Africa, and Quetzaltenango, Guatemala, the company provides off-grid cold storage units, food processing plants, and dairy chilling machines. Its offerings include Good Agricultural Practice certified modules and renewable energy systems, designed to support the post-harvest value addition processes. InspiraFarms targets small to medium-sized enterprises within the fruit, vegetable, and dairy industries, ensuring that its solutions meet global food safety certification and quality standards. By collaborating with various actors in value chains across Central America and East Africa, InspiraFarms aims to facilitate access to healthy and nutritious food for both local and international markets.

Nuru

Convertible Note in 2019
Nuru is a company based in Goma, Nord-Kivu, Congo, focused on enhancing connectivity and providing affordable energy solutions in the Democratic Republic of Congo. Founded in 2015, Nuru specializes in solar energy and storage micro-grids. It made a significant impact in 2017 by deploying the country's first solar-based mini-grid and is currently working on constructing a 1.3MW solar hybrid site in Goma, which is set to become the largest off-grid mini-grid in sub-Saharan Africa. Nuru's mini-grids utilize solar photovoltaic technology combined with battery storage, allowing commercial and industrial users to access renewable energy effectively.

Candi

Convertible Note in 2019
Candi is a solar company specializing in small-scale commercial and industrial rooftop solar battery solutions. It focuses on harnessing solar energy by offering installation and operational services for rooftop solar systems. Candi aims to deliver solar and storage services at reduced costs, helping businesses and individuals lower their energy expenses while also contributing to a decrease in carbon emissions. Through its innovative solutions, the company seeks to generate long-term value for its clients by promoting sustainable energy practices.

Mawingu Networks

Convertible Note in 2019
Mawingu Networks Limited is a telecommunications company based in Nanyuki, Kenya, that focuses on providing wireless Internet services to rural and underserved communities in Africa. Founded in 2013, the company leverages high-performance, low-cost wireless technology combined with solar power to establish fast and reliable internet networks. Mawingu Networks offers Wi-Fi access through public hotspots and broadband connectivity for homes and businesses, employing open technologies to create a scalable network that ensures secure and seamless connectivity even in challenging geographical conditions. By addressing the connectivity gap in remote areas, Mawingu Networks plays a crucial role in enhancing digital access and promoting economic development in the region.

Solarise Africa

Series A in 2019
Solarise Africa is a pan-African energy-as-a-service company that provides financial leasing and flexible financing for solar and other energy assets to commercial and industrial clients. Based in Nairobi, Kenya, it partners with a select group of renewable energy solution providers to deliver decentralised, reliable and affordable power across Africa. The company enables businesses to deploy clean energy systems without upfront capital and to manage energy costs through tailored financial solutions, supporting accelerated adoption of sustainable power for partners and customers.

Nuru

Convertible Note in 2019
Nuru is a company based in Goma, Nord-Kivu, Congo, focused on enhancing connectivity and providing affordable energy solutions in the Democratic Republic of Congo. Founded in 2015, Nuru specializes in solar energy and storage micro-grids. It made a significant impact in 2017 by deploying the country's first solar-based mini-grid and is currently working on constructing a 1.3MW solar hybrid site in Goma, which is set to become the largest off-grid mini-grid in sub-Saharan Africa. Nuru's mini-grids utilize solar photovoltaic technology combined with battery storage, allowing commercial and industrial users to access renewable energy effectively.

PEG

Series C in 2019
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.

PEG

Series C in 2019
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.

Nuru

Series A in 2019
Nuru is a company based in Goma, Nord-Kivu, Congo, focused on enhancing connectivity and providing affordable energy solutions in the Democratic Republic of Congo. Founded in 2015, Nuru specializes in solar energy and storage micro-grids. It made a significant impact in 2017 by deploying the country's first solar-based mini-grid and is currently working on constructing a 1.3MW solar hybrid site in Goma, which is set to become the largest off-grid mini-grid in sub-Saharan Africa. Nuru's mini-grids utilize solar photovoltaic technology combined with battery storage, allowing commercial and industrial users to access renewable energy effectively.

Zonful Energy

Seed Round in 2018
Founded in 2014, Zonful Energy specializes in providing affordable off-grid solar home systems in Zimbabwe. The company offers modular solar energy solutions, including panels, batteries, and appliances like lights and radios, aiming to promote energy access while saving customers money and reducing environmental impact.

Port It Global

Seed Round in 2018
Over the past decade, financial inclusion has risen as a global priority. Extending affordable, effective, and client-centric financial services, especially to low-income populations and small businesses, creates countless opportunities—allowing individuals to put food on the table, afford better health care, start a business, or save for retirement. For governments, financial inclusion lays the foundation for stability and inclusive economic growth For the global community, financial inclusion helps accelerate economic progress, reduce extreme poverty, and build shared prosperity. Together we can make a significant contribution to help increase financial inclusion with those people who are unbanked and that have a smartphone.

Solarise Africa

Series A in 2018
Solarise Africa is a pan-African energy-as-a-service company that provides financial leasing and flexible financing for solar and other energy assets to commercial and industrial clients. Based in Nairobi, Kenya, it partners with a select group of renewable energy solution providers to deliver decentralised, reliable and affordable power across Africa. The company enables businesses to deploy clean energy systems without upfront capital and to manage energy costs through tailored financial solutions, supporting accelerated adoption of sustainable power for partners and customers.

PayGo Energy

Venture Round in 2018
PayGo Energy is a Kenyan company founded in 2014 that develops and manufactures metering systems for pre-paid cooking gas. Its innovative technology allows customers to monitor their gas consumption and predict when their supply will run low, facilitating timely refills. By utilizing a pay-as-you-go model, the company enables households to purchase clean cooking fuel within their budget through mobile money transactions. This approach addresses the significant environmental and health issues associated with traditional cooking methods that rely on biomass fuels, which affect underserved communities globally. The company's system links gas cylinders with a cloud service and mobile connectivity, thereby enhancing the accessibility and efficiency of clean energy solutions for everyday cooking needs.

ZOLA Electric

Debt Financing in 2018
ZOLA Electric specializes in providing off-grid solar solutions, primarily serving African markets. It offers solar home kits through leasing or sales, targeting individual households and businesses in rural communities across Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012, ZOLA Electric operates from Arusha, Tanzania with an additional office in San Francisco, California.

SunCulture

Convertible Note in 2018
SunCulture, based in Nairobi, Kenya, develops and sells the AgroSolar Irrigation Kit, a fully solar-powered irrigation system that combines solar water pumping with high-efficiency drip irrigation. The kit is designed to help smallholder farmers grow more with less water and energy, delivering reliable irrigation and enabling additional benefits such as lighting and mobile charging. SunCulture positions itself as a one-stop provider for rural farmers, offering not only the irrigation hardware but also agronomic services, training, access to capital, and market opportunities. By integrating solar pumping, irrigation, and support services, the company aims to improve crop yields, reduce operating costs, and promote sustainable farming through climate technology and a digital marketplace.

InspiraFarms

Series A in 2018
InspiraFarms is a company that specializes in manufacturing solar-powered modular technologies for food processing and cold storage. Founded in 2012 and headquartered in London, with additional offices in Kenya, Southern Africa, and Quetzaltenango, Guatemala, the company provides off-grid cold storage units, food processing plants, and dairy chilling machines. Its offerings include Good Agricultural Practice certified modules and renewable energy systems, designed to support the post-harvest value addition processes. InspiraFarms targets small to medium-sized enterprises within the fruit, vegetable, and dairy industries, ensuring that its solutions meet global food safety certification and quality standards. By collaborating with various actors in value chains across Central America and East Africa, InspiraFarms aims to facilitate access to healthy and nutritious food for both local and international markets.

ZOLA Electric

Series D in 2018
ZOLA Electric specializes in providing off-grid solar solutions, primarily serving African markets. It offers solar home kits through leasing or sales, targeting individual households and businesses in rural communities across Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012, ZOLA Electric operates from Arusha, Tanzania with an additional office in San Francisco, California.

PEG

Series B in 2017
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.

PayGo Energy

Series A in 2017
PayGo Energy is a Kenyan company founded in 2014 that develops and manufactures metering systems for pre-paid cooking gas. Its innovative technology allows customers to monitor their gas consumption and predict when their supply will run low, facilitating timely refills. By utilizing a pay-as-you-go model, the company enables households to purchase clean cooking fuel within their budget through mobile money transactions. This approach addresses the significant environmental and health issues associated with traditional cooking methods that rely on biomass fuels, which affect underserved communities globally. The company's system links gas cylinders with a cloud service and mobile connectivity, thereby enhancing the accessibility and efficiency of clean energy solutions for everyday cooking needs.

PayGo Energy

Seed Round in 2017
PayGo Energy is a Kenyan company founded in 2014 that develops and manufactures metering systems for pre-paid cooking gas. Its innovative technology allows customers to monitor their gas consumption and predict when their supply will run low, facilitating timely refills. By utilizing a pay-as-you-go model, the company enables households to purchase clean cooking fuel within their budget through mobile money transactions. This approach addresses the significant environmental and health issues associated with traditional cooking methods that rely on biomass fuels, which affect underserved communities globally. The company's system links gas cylinders with a cloud service and mobile connectivity, thereby enhancing the accessibility and efficiency of clean energy solutions for everyday cooking needs.

SunCulture

Seed Round in 2017
SunCulture, based in Nairobi, Kenya, develops and sells the AgroSolar Irrigation Kit, a fully solar-powered irrigation system that combines solar water pumping with high-efficiency drip irrigation. The kit is designed to help smallholder farmers grow more with less water and energy, delivering reliable irrigation and enabling additional benefits such as lighting and mobile charging. SunCulture positions itself as a one-stop provider for rural farmers, offering not only the irrigation hardware but also agronomic services, training, access to capital, and market opportunities. By integrating solar pumping, irrigation, and support services, the company aims to improve crop yields, reduce operating costs, and promote sustainable farming through climate technology and a digital marketplace.

InspiraFarms

Series A in 2017
InspiraFarms is a company that specializes in manufacturing solar-powered modular technologies for food processing and cold storage. Founded in 2012 and headquartered in London, with additional offices in Kenya, Southern Africa, and Quetzaltenango, Guatemala, the company provides off-grid cold storage units, food processing plants, and dairy chilling machines. Its offerings include Good Agricultural Practice certified modules and renewable energy systems, designed to support the post-harvest value addition processes. InspiraFarms targets small to medium-sized enterprises within the fruit, vegetable, and dairy industries, ensuring that its solutions meet global food safety certification and quality standards. By collaborating with various actors in value chains across Central America and East Africa, InspiraFarms aims to facilitate access to healthy and nutritious food for both local and international markets.

d.light

Series D in 2016
d.light develops solar-powered lighting and power products, including lights, radios, televisions, fans, and other home appliances. Their rechargeable solar kits aim to improve health, increase productivity, and enhance the quality of life for users in rural and semi-urban areas by providing access to clean energy.

PEG

Series A in 2016
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.

PEG

Series A in 2016
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.

ZOLA Electric

Series C in 2015
ZOLA Electric specializes in providing off-grid solar solutions, primarily serving African markets. It offers solar home kits through leasing or sales, targeting individual households and businesses in rural communities across Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012, ZOLA Electric operates from Arusha, Tanzania with an additional office in San Francisco, California.

Cutstruct

Cutstruct operates a technology-driven platform designed to enhance the efficiency and cost-effectiveness of construction projects. The platform serves various construction needs, including price discovery and comparison of materials, optimized procurement processes, and comprehensive project monitoring and management. By facilitating the purchasing of materials, hiring of labor, and overseeing of project logistics, Cutstruct aims to empower construction stakeholders to execute their projects with greater confidence and value. The company's applications are geared towards maximizing the potential of every investment in construction, making it easier for individuals and businesses to navigate the building process.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.