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.
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 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.
Candi
Venture Round in 2022
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.
MyJouleBox
Series A in 2021
MyJouleBox specializes in providing solar energy solutions tailored for off-grid areas, particularly in Africa. They offer a range of solar hardware setups, from solar home systems to large-scale commercial solutions, enabling customers to access affordable solar power through a pay-as-you-go system.
upOwa is a social business that develops, deploys, and maintains innovative solar home systems in off-grid African communities. These systems provide affordable access to clean electricity, replacing traditional sources like kerosene lamps. By doing so, upOwa enables significant social and economic improvements at the community level while maintaining financial profitability and promoting environmental sustainability.
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.
Easy Solar
Seed Round in 2018
Easy Solar is a prominent energy distribution company focused on providing solar solutions to off-grid communities in West Africa, particularly in Sierra Leone and Liberia. The company specializes in financing high-quality solar products, including solar lanterns and home systems, aimed at individuals with limited or no access to conventional electricity sources. Easy Solar offers flexible payment plans, allowing customers to make an initial deposit followed by weekly or monthly installments, payable through cash or mobile money. Since its inception, the company has positively impacted over 400,000 beneficiaries by leveraging a vast network of agents and outlets, thereby facilitating the transition to eco-friendly and affordable energy solutions.
upOwa is a social business that develops, deploys, and maintains innovative solar home systems in off-grid African communities. These systems provide affordable access to clean electricity, replacing traditional sources like kerosene lamps. By doing so, upOwa enables significant social and economic improvements at the community level while maintaining financial profitability and promoting environmental sustainability.