Kingo Energy, founded in 2013 and based in Guatemala City, specializes in manufacturing solar energy systems aimed at providing affordable clean energy to underserved communities. As a technology startup formed in 2022, it focuses on delivering energy and connectivity solutions to off-the-grid areas in Guatemala and Colombia, where over a billion people lack access to modern energy services. Kingo serves approximately 700 communities, impacting around 250,000 individuals, predominantly subsistence-level farmers. The company designs and operates reliable energy systems that facilitate access to essential services such as education and healthcare, enabling economic opportunities in remote areas. By utilizing internet-of-things (IoT) technology, Kingo helps consumer goods and financial services expand into these regions, enhancing productivity and income potential for local residents through the installation, distribution, and maintenance of renewable energy solutions.
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.
Iguama Group, Inc. is an e-commerce platform based in Guatemala City that operates a cross-border shopping club, enabling Latin American consumers to purchase high-quality U.S. brands at competitive prices. Founded in 2014, Iguama facilitates access for U.S. merchants to the Latin American market, addressing their concerns and providing insights to help them succeed in the region. By connecting consumers with U.S. stores, Iguama plays a vital role in expanding the reach of American products to a broader audience in Latin America.
Ignite Holding Company
Seed Round in 2013
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.
LionWorks
Seed Round in 2012
LionWorks S.A. is a game development studio based in Guatemala City, Guatemala, established in 2009 by Juan Lemus. The company specializes in designing and developing a variety of digital games, including video, action, adventure, and social games, as well as games for consoles. In addition to game development, LionWorks provides comprehensive outsourcing services, which encompass digital and matte painting, 3D modeling and animation, game design, and software development. With a dedicated team of over 35 employees, LionWorks aspires to become one of the leading game development studios in Latin America, aiming to bring innovative gaming experiences to enthusiasts across the region.
Iguama Group, Inc. is an e-commerce platform based in Guatemala City that operates a cross-border shopping club, enabling Latin American consumers to purchase high-quality U.S. brands at competitive prices. Founded in 2014, Iguama facilitates access for U.S. merchants to the Latin American market, addressing their concerns and providing insights to help them succeed in the region. By connecting consumers with U.S. stores, Iguama plays a vital role in expanding the reach of American products to a broader audience in Latin America.