Zola Electric
Venture Round in 2021
Zola Electric is a provider of off-grid solar solutions focused on the African market, specifically operating in Tanzania, Rwanda, Ghana, and the Ivory Coast. Founded in 2012 and based in Arusha, Tanzania, with an office in San Francisco, the company specializes in renewable energy systems that leverage advanced solar, battery, and power electronics technology. Zola Electric offers solar home kits through a leasing or purchase model, enabling households and businesses to access clean and affordable energy. The company employs a pay-as-you-go micro-finance system that accommodates varying energy needs and income levels, powering over 180,000 homes and businesses. Recognized for its innovative approach, Zola Electric has received several awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and is included in the Global Cleantech 100.
Origin Materials
Post in 2021
Origin Materials is a carbon-negative materials company that converts carbon from biomass into useful products, reducing reliance on fossil resources and sequestering carbon in the process. The platform uses abundant non-food biomass, such as wood residues, to produce a broad range of products including packaging, plastics, textiles, automotive parts, tires, carpets, adhesives, fuels, and more. It enables the production of materials such as components related to PET, para-xylene, carbon black, and levulinic acid from biomass inputs. The company targets a large total addressable market across consumer packaging, textiles, automotive, and consumer goods.
Founded in 2009, Stem provides energy storage solutions and software for businesses to manage energy costs effectively. It offers Athena, a proprietary software using big data and machine learning to optimize energy usage. Stem also deploys distributed batteries in commercial buildings and sells its solutions to various industries.
Pieridae Energy
Post in 2018
Pieridae Energy focuses on exploring, extracting, and processing natural gas and natural gas liquids. They supply energy while supporting environmental sustainability and transition to a lower-carbon economy.