Elena Casolari

Co-Founder and President

Past deals in Guatemala

Ignite Holding Company

Seed Round in 2014
Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.

Estufa Doña Dora

Seed Round in 2012
Estufa Doña Dora specializes in the design and manufacturing of wood-saving stoves aimed at enhancing cooking efficiency for domestic use. The company produces high-efficiency wood-fired cooking devices that significantly reduce firewood consumption by up to 50 percent. These stoves are particularly beneficial for households in Guatemala that rely on wood for cooking, allowing users to heat their stoves quickly, often ready to prepare the first tortilla in just five minutes. By focusing on efficient combustion and resource conservation, Estufa Doña Dora addresses both environmental concerns and the practical needs of its customers.
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