Oorja Development Solutions
Seed Round in 2024
Oorja Development Solutions aims to provide clean energy access to 450 million un/underelectrified people in rural Indian communities. It deploy smart micro-grids powered by biomass gasification and solar PV systems to generate, store and transmit reliable and affordable electricity to SMEs as anchor load and low-income households. It uses a scalable community-owned business model to leverage energy provision as a catalyst for socio-economic development to alleviate poverty, empower women and tackle climate change.
Reportwell
Pre Seed Round in 2023
Reportwell is a company that specializes in regulatory compliance by providing a platform designed to enhance accountability and simplify reporting processes for authorizers, school districts, and government agencies. Its platform facilitates the tracking of deadlines and completion of reporting tasks, allowing clients to efficiently monitor and submit regulatory reports and operational items. By streamlining essential compliance tasks, Reportwell aims to improve the reporting capabilities and accountability of the schools or organizations under its clients' regulatory oversight.
Novoloop
Debt Financing in 2019
Novoloop is an upcycling company focused on transforming plastic waste into high-performance materials through a circular approach. The company advances Lifecycling, a process that converts hard-to-recycle plastics into materials molecularly identical to conventional products, unlocking value from plastics that have little use today. By chemically modifying post-consumer polyethylene, Novoloop creates building blocks for thermoplastic polyurethane and other performance materials, enabling brands to meet sustainability goals while preserving material quality. The approach supports a circular economy by turning waste into market-ready materials with broad applicability across industries, reducing landfill waste and providing scalable, durable alternatives for manufacturers.
Suyo Columbia SAS is a Colombian company dedicated to providing property formalization services in urban areas such as Barranquilla, Bogotá, Cali, and Medellín. Founded in 2012 and based in Medellín, Suyo focuses on assisting low-income families residing in informal settlements to formalize their property ownership. The firm combines modern technology with a team of legal and property professionals to offer affordable and reliable services, including land titling, building registration, and property purchase studies. By leveraging mobile and geospatial technologies, as well as partnerships with microfinance and community organizations, Suyo streamlines the legal and technical processes required for securing property rights. This innovative approach allows the company to offer its services at approximately half the cost of traditional providers.
GreenChar
Seed Round in 2015
GreenChar is a sustainable energy company based in Kenya that focuses on converting sugarcane waste into clean and affordable energy solutions. The firm produces and distributes biomass briquettes made from agricultural byproducts, specifically sugarcane residues. By offering eco-friendly cooking fuels, GreenChar aims to improve energy access and promote health and environmental benefits for households and institutions across Africa. The company is dedicated to providing an efficient alternative to traditional cooking methods, thereby supporting both economic growth and sustainable practices in the region.
Qorax Energy
Seed Round in 2014
To find out more about the distribution companies Qorax incubated, please visit:
Altech - https://www.altech-rdc.com (DRC),
HelloSolar - https://www.hellosolarint.com (Ethiopia),
Enersom - https://www.enersom.us (Somalia),
MoringaConnect
Grant in 2014
They are changing the story of the smallholder farmer starting with Moringa, known worldwide as “the miracle tree” for its highly nutritional leaves. They take the forgotten part --the seeds-- and process them into an oil with unmatched cosmetic benefits for hair and skin care and a press meal for animal feed and water purification. They manage the entire supply chain- training, micro-credit, miniaturized value-added processing, and marketing to a global audience.