Olajumoke Akinwunmi

Co-Founder and Managing Director

Jumoke Akinwunmi

Co-Founder, Partner / Managing Director

Tokunboh Ishmael

Managing Director and Co-Founder

Mobola (da-Silva) Onibonoje

Investment Principal

Past deals in Kenya

SparkMeter

Series A in 2020
SparkMeter, Inc. specializes in developing electricity metering systems tailored for rural and central utilities in developing markets. The company offers a range of products, including the SM16R for residential customers, the SM60R for larger residential needs, the SM60RP for medium commercial or industrial clients, and the SM200E for post-paid metering of large customers. In addition to hardware, SparkMeter provides software solutions designed to improve grid efficiency and asset performance for microgrids and distribution utilities in remote areas. Their offerings facilitate prepaid billing, enhance customer communication, and enable remote monitoring and control. Founded in 2012 and headquartered in Washington, D.C., with an additional office in Nairobi, Kenya, SparkMeter aims to increase access to electricity in underserved markets and hard-to-reach locations.