GAIA Impact Fund

GAIA Impact Fund is a venture capital firm that specializes in renewable energy, focusing on building long-term partnerships with startups in Sub-Saharan Africa and South-East Asia. With a strong environmental and social focus, the firm supports businesses that provide sustainable and affordable energy to local communities. GAIA Impact Fund also works to promote technological innovations and business models that facilitate the widespread adoption of renewable energy in regions where energy mixes are highly carbonized.

Helene Demaegdt

Partner and President

Past deals in Electric Grid

Beacon Power Services

Series A in 2024
Beacon Power Services, established in 2013 and headquartered in Lagos, Nigeria, specializes in designing and implementing energy management solutions for commercial and industrial facilities. The company's core offering is its AI-enabled grid management platform, Adora, which provides real-time visibility into network performance for electric utilities, enabling them to anticipate outages, identify network losses, and distribute electricity more efficiently. Additionally, Adora empowers consumers with control over their energy infrastructure, facilitating invoicing, installations, and logistics. Beacon Power Services aims to enhance the quality and duration of electricity supplied in African cities by building smart grids and leveraging data to reduce inefficiencies in power distribution systems.

Canopy Power

Series A in 2018
Canopy Power designs, builds and finances optimized renewable energy microgrid solutions for customers without reliable mains power or with weak grids, primarily in Southeast Asia and the Pacific. The company integrates solar, batteries and generators with smart inverters to deliver cost and reliability advantages, enabling remote industries to achieve substantial cost savings through reduced diesel fuel usage while reducing pollution and carbon emissions. Its customers include mining and plantation operations, island resorts, remote villages and island-based utilities.
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