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 is a designer and manufacturer of efficient wood-fired cooking stoves aimed at domestic users in Guatemala. The company specializes in creating stoves equipped with high-efficiency combustion chambers that significantly reduce firewood consumption, cutting usage by up to 50 percent. These stoves are designed to heat quickly, allowing users to prepare their first tortilla in just five minutes. By focusing on energy efficiency, Estufa Doña Dora helps households make better use of their cooking wood, contributing to improved sustainability in cooking practices.
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