SunFunder

SunFunder Inc. is a solar energy finance company based in San Francisco, California, that specializes in providing various forms of financing to solar energy enterprises, particularly in emerging markets. Founded in 2012, the company offers short-term working capital, inventory, construction, and structured finance loans to solar product distributors, manufacturers, and project developers primarily in East and West Africa, as well as Asia. SunFunder's mission is to catalyze the development of solar energy infrastructure by leveraging its expertise in the solar market and facilitating efficient due diligence processes. By acting as a financial intermediary, SunFunder enables investors to engage in high-impact, fixed-income debt offerings that support the growth of solar assets in regions with inadequate energy access.

Avi Jacobson

Investment Director

Ryan Levinson

Founder and CEO

Past deals in East Africa

SunCulture

Debt Financing in 2021
SunCulture, located in Nairobi, Kenya, specializes in solar-powered drip irrigation systems designed to enhance agricultural productivity while promoting sustainability. The company offers the AgroSolar Irrigation Kit, which integrates solar water pumping technology with high-efficiency drip irrigation, providing farmers with a comprehensive solution to improve crop yields and reduce costs. This innovative kit not only supplies reliable access to water but also supports smallholder farmers by offering agronomic services, educational training, and access to financing and markets. SunCulture's unique approach positions it as a one-stop shop for Kenyan farmers, focusing on the quality of both its products and services, while also helping to minimize fertilizer waste through efficient application methods.

InspiraFarms

Debt Financing in 2020
InspiraFarms is a company that specializes in manufacturing solar-powered modular technologies for food processing and cold storage. Founded in 2012 and headquartered in London, with additional offices in Kenya, Southern Africa, and Quetzaltenango, Guatemala, the company provides off-grid cold storage units, food processing plants, and dairy chilling machines. Its offerings include Good Agricultural Practice certified modules and renewable energy systems, designed to support the post-harvest value addition processes. InspiraFarms targets small to medium-sized enterprises within the fruit, vegetable, and dairy industries, ensuring that its solutions meet global food safety certification and quality standards. By collaborating with various actors in value chains across Central America and East Africa, InspiraFarms aims to facilitate access to healthy and nutritious food for both local and international markets.

SolarNow

Debt Financing in 2019
SolarNow is a company focused on providing solar energy and financing solutions in East Africa, with its headquarters in Nijmegen, Netherlands, and branch locations in Uganda and Kenya. Founded in 2011 by Willem Nolens, SolarNow manufactures high-quality solar home systems designed to meet the energy needs of both rural and urban households, as well as entrepreneurs and institutions. The company addresses the unmet demand for solar power services by offering a range of products, including solar home systems and electrical appliances. Additionally, SolarNow provides affordable and flexible credit options, enabling customers to access clean, reliable, and affordable energy solutions for households, small businesses, farming, and corporate needs.

SolarNow

Debt Financing in 2017
SolarNow is a company focused on providing solar energy and financing solutions in East Africa, with its headquarters in Nijmegen, Netherlands, and branch locations in Uganda and Kenya. Founded in 2011 by Willem Nolens, SolarNow manufactures high-quality solar home systems designed to meet the energy needs of both rural and urban households, as well as entrepreneurs and institutions. The company addresses the unmet demand for solar power services by offering a range of products, including solar home systems and electrical appliances. Additionally, SolarNow provides affordable and flexible credit options, enabling customers to access clean, reliable, and affordable energy solutions for households, small businesses, farming, and corporate needs.

InspiraFarms

Debt Financing in 2017
InspiraFarms is a company that specializes in manufacturing solar-powered modular technologies for food processing and cold storage. Founded in 2012 and headquartered in London, with additional offices in Kenya, Southern Africa, and Quetzaltenango, Guatemala, the company provides off-grid cold storage units, food processing plants, and dairy chilling machines. Its offerings include Good Agricultural Practice certified modules and renewable energy systems, designed to support the post-harvest value addition processes. InspiraFarms targets small to medium-sized enterprises within the fruit, vegetable, and dairy industries, ensuring that its solutions meet global food safety certification and quality standards. By collaborating with various actors in value chains across Central America and East Africa, InspiraFarms aims to facilitate access to healthy and nutritious food for both local and international markets.

SolarNow

Debt Financing in 2016
SolarNow is a company focused on providing solar energy and financing solutions in East Africa, with its headquarters in Nijmegen, Netherlands, and branch locations in Uganda and Kenya. Founded in 2011 by Willem Nolens, SolarNow manufactures high-quality solar home systems designed to meet the energy needs of both rural and urban households, as well as entrepreneurs and institutions. The company addresses the unmet demand for solar power services by offering a range of products, including solar home systems and electrical appliances. Additionally, SolarNow provides affordable and flexible credit options, enabling customers to access clean, reliable, and affordable energy solutions for households, small businesses, farming, and corporate needs.
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