Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
Kofa
Debt Financing in 2025
Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
Sistema.bio
Debt Financing in 2024
Sistema.bio is a manufacturer of prefabricated modular biodigester systems aimed at enhancing the efficiency and quality of life for small farmers. The company's systems utilize anaerobic bacteria to convert manure and various organic waste types into methane gas and organic fertilizer. This biogas can be harnessed for thermal energy used in cooking and generating electricity, while the fertilizer supports agricultural productivity. By transforming organic waste into valuable resources, Sistema.bio enables farmers to turn a potential problem into opportunities for increased productivity and sustainability.
Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
Mufin Green Finance
Grant in 2023
Mufin Green Finance is an Indian non-banking finance company that focuses on providing financial services primarily in the electric vehicle (EV) sector. The company specializes in offering various loan products, including used-car loans, personal loans, unsecured working capital loans, property loans, two-wheeler loans, and educational loans. Mufin Green Finance derives its revenue mainly from interest income generated through these financing activities. By concentrating on the burgeoning EV market, the company aims to support the transition to sustainable transportation while catering to diverse customer financing needs.
Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
Yellow is a fintech company dedicated to delivering impactful products and services to rural households through a widespread sales network. The company specializes in the last mile distribution of affordable pay-as-you-go solar home systems, targeting low-income communities. By leveraging innovative financing solutions, Yellow aims to enhance access to renewable energy, thereby improving the quality of life for its customers in underserved areas.
Revfin
Debt Financing in 2022
RevFin is a digital lending fintech company based in Delhi, India, founded in 2018 by Sameer Aggarwal. The company specializes in providing convenient and accessible loans through its innovative platform, which features a revolving credit limit that users can utilize and repay at their convenience. In addition to flexible borrowing, RevFin offers a rewards program that allows customers to earn points for timely repayments, referring friends, or simply logging into the application. This user-friendly approach enables individuals to access loans anytime and anywhere, facilitating the funding of over 12,000 electric vehicles while maintaining non-performing assets (NPAs) of less than 2%.
Nithio
Venture Round in 2022
Nithio Holdings is an energy finance company established in 2018 and headquartered in Washington, D.C. It specializes in providing data-driven financing solutions to small and medium-sized enterprises (SMEs) in the off-grid energy sector across sub-Saharan Africa. Nithio leverages a proprietary artificial intelligence risk analytics engine to support distributed energy service companies, capital providers, governments, and other stakeholders involved in the solar energy market. The company focuses on enhancing access to solar home systems, productive use appliances, agribusiness, and microfinance, thereby facilitating sustainable energy solutions in underserved regions.
d.light
Venture Round in 2021
D.light is a developer of solar home lighting and power products aimed at providing clean energy solutions to rural and semi-urban populations. The company offers a range of solar goods, including lights, radios, televisions, fans, and other home appliances, all powered by rechargeable solar kits. By making these products accessible and affordable, D.light seeks to improve health, increase productivity, and enhance the overall quality of life for its users.
AgroCenta
Seed Round in 2021
AgroCenta, founded in 2015 by Francis Obirikorang and Michael K. Ocansey, is an agri-tech company focused on enhancing the agricultural value chain in Ghana. The company addresses significant challenges faced by smallholder farmers, including limited market access and inefficient logistics. By offering an online sales platform, AgroCenta enables farmers to connect directly with national markets, ensuring they achieve fair prices for their commodities while minimizing exploitation by middlemen. The platform also features real-time commodity pricing and access to credit facilities, empowering farmers to make informed decisions about their sales. To tackle logistical issues, AgroCenta has developed TrucKR, a solution that allows farmers in remote areas to hire trucks quickly and conveniently for transporting their goods. Through these innovations, AgroCenta is transforming the agricultural landscape in Ghana by leveraging technology to improve the livelihoods of smallholder farmers.
Easy Matatu is a technology-driven platform that facilitates safe, reliable, and clean transportation for commuters. It offers a mobile application that allows users to book rides and select pickup points that are most convenient for them. By connecting users to a network of dependable transportation options, Easy Matatu aims to enhance the commuting experience and ensure accessibility to quality transport services. The platform focuses on providing a user-friendly interface that prioritizes safety and convenience in urban mobility.
Ampersand is a company based in Kigali, Rwanda, that specializes in the manufacture of affordable electric vehicles and charging systems tailored for the three million motorcycle taxi drivers in East Africa. The company aims to enhance mass-market electric mobility by providing a battery swap network and an operating system that facilitates sustainable transport solutions. By making electric mobility accessible and affordable, Ampersand not only improves the livelihoods of drivers but also contributes to environmental sustainability. As of January 2024, the company's customer base has expanded to 2,000 users, who collectively cover 1.5 million kilometers weekly in Nairobi and Kigali.
Persistent
Series B in 2019
Persistent is a venture capital firm established in 2012 and based in Nairobi, Kenya. The company specializes in investing in and developing businesses in underserved markets, with a particular emphasis on early-to-growth-stage enterprises in sectors such as climate, renewable energy, e-mobility, agricultural technology, solar, and water. Persistent aims to provide operational and strategic support to exceptional entrepreneurs, facilitating access to essential services for low-income households, particularly in sub-Saharan Africa. The firm focuses on initiatives that enhance energy access, enabling customers to benefit from electric light, mobile phone charging, and other basic energy services. Through its venture-building model, Persistent seeks to generate both attractive financial returns and significant social and environmental impact.
Easy Matatu is a technology-driven platform that facilitates safe, reliable, and clean transportation for commuters. It offers a mobile application that allows users to book rides and select pickup points that are most convenient for them. By connecting users to a network of dependable transportation options, Easy Matatu aims to enhance the commuting experience and ensure accessibility to quality transport services. The platform focuses on providing a user-friendly interface that prioritizes safety and convenience in urban mobility.
MAX is a company that specializes in providing motorcycle taxi and transport services, focusing on the last-mile delivery and online retail challenges in Africa. By utilizing mobile and web platforms, MAX connects consumers, retail businesses, and independent drivers in real-time, effectively removing logistical and technological barriers that have hindered retail growth on the continent. Additionally, MAX offers electric and low-emission vehicle subscription services tailored for commercial drivers, promoting financial freedom and wealth creation through vehicle ownership. The company aims to ensure that independent drivers have access to safe, reliable, and sustainable mobility solutions, thereby enhancing the overall transport landscape in Africa.
Sistema.bio
Series C in 2019
Sistema.bio is a manufacturer of prefabricated modular biodigester systems aimed at enhancing the efficiency and quality of life for small farmers. The company's systems utilize anaerobic bacteria to convert manure and various organic waste types into methane gas and organic fertilizer. This biogas can be harnessed for thermal energy used in cooking and generating electricity, while the fertilizer supports agricultural productivity. By transforming organic waste into valuable resources, Sistema.bio enables farmers to turn a potential problem into opportunities for increased productivity and sustainability.
Catalyst enable.digital
Seed Round in 2019
Catalyst enable.digital AG, founded in 2017 and headquartered in Zurich, Switzerland, specializes in information technology advisory and implementation services. The company addresses the data and IT challenges faced by high-growth social impact ventures. It offers a range of services including IT setup, consulting, design, implementation, and ongoing support and maintenance. Catalyst enable.digital serves various sectors such as financial accounting, customer service, credit portfolio management, sales, distribution, inventory management, solar energy, and business intelligence. The firm also develops digital technology and data management systems that facilitate seamless operations through secure data storage solutions, helping clients manage their data effectively and cost-efficiently.
Sure Chill is a company specializing in innovative cooling technology that operates without a power source. By utilizing the unique properties of water, it provides continuous cooling at a consistent temperature of 4ºC, making it suitable for various environments worldwide. Since its introduction to the medical market in 2011, Sure Chill's vaccine refrigerators have surpassed the stringent standards of the World Health Organization and are utilized by organizations such as UNICEF to protect vaccines and save lives in 46 countries. The technology is particularly beneficial in developing countries, enhancing vaccine delivery and maintaining the integrity of essential medicines and food in areas with unreliable electricity. Sure Chill's advancements in the cold chain have garnered recognition, including a significant award from the Bill and Melinda Gates Foundation to further improve vaccine distribution.
Rent to Own
Seed Round in 2018
Rent to Own Ltd. is a company based in Lusaka, Zambia, that specializes in providing affordable financing and essential equipment to small-scale entrepreneurs in rural areas. Founded in 2010, the company focuses on empowering local business owners by offering high-impact assets such as refrigerators, hammer mills, and irrigation pumps, which are crucial for farming and food production. Rent to Own employs a tailored approach to its financing services, adapting to the unique needs of each client through a guided asset selection process, direct distribution, and individualized training for equipment maintenance and usage. Its innovative six-step loan process helps mitigate repayment risks while ensuring optimal utilization of the provided equipment, thereby facilitating business growth and enhancing the entrepreneurial landscape in rural Zambian communities.
Aavishkaar Capital
Venture Round in 2017
Aavishkaar Capital, established in 2001 and headquartered in Mumbai, India, is a pioneering venture capital firm. It specializes in early-stage investments, focusing on geographies and sectors often overlooked by traditional investors. Aavishkaar's portfolio spans across Asia Pacific and Africa, with a particular interest in finance, sustainable agriculture, and essential services. The firm's investment managers bring extensive experience in private equity and microfinance, aiming to transform non-banking financial companies (NBFCs) and mature microfinance institutions (MFIs) into successful startups.
D.light is a developer of solar home lighting and power products aimed at providing clean energy solutions to rural and semi-urban populations. The company offers a range of solar goods, including lights, radios, televisions, fans, and other home appliances, all powered by rechargeable solar kits. By making these products accessible and affordable, D.light seeks to improve health, increase productivity, and enhance the overall quality of life for its users.
Sure Chill is a company specializing in innovative cooling technology that operates without a power source. By utilizing the unique properties of water, it provides continuous cooling at a consistent temperature of 4ºC, making it suitable for various environments worldwide. Since its introduction to the medical market in 2011, Sure Chill's vaccine refrigerators have surpassed the stringent standards of the World Health Organization and are utilized by organizations such as UNICEF to protect vaccines and save lives in 46 countries. The technology is particularly beneficial in developing countries, enhancing vaccine delivery and maintaining the integrity of essential medicines and food in areas with unreliable electricity. Sure Chill's advancements in the cold chain have garnered recognition, including a significant award from the Bill and Melinda Gates Foundation to further improve vaccine distribution.
Inficold
Pre Seed Round in 2016
Inficold is a company focused on providing reliable and affordable cooling solutions for the cold chain sector, utilizing solar energy and innovative energy storage technologies. The company specializes in solar cold storage and solar milk chillers that eliminate the need for traditional electrical batteries, allowing for seamless integration with both new and existing cooling systems. Inficold's fabrication capabilities include steel structures, stainless steel housing, refrigeration units, copper heat exchangers, and electronic circuitry, enabling the customization of solutions tailored to industrial cooling applications. By prioritizing economical, clean, and sustainable energy storage, Inficold aims to revolutionize the cold chain industry, particularly benefiting farmers through reduced operational costs and enhanced efficiency.
D.light is a developer of solar home lighting and power products aimed at providing clean energy solutions to rural and semi-urban populations. The company offers a range of solar goods, including lights, radios, televisions, fans, and other home appliances, all powered by rechargeable solar kits. By making these products accessible and affordable, D.light seeks to improve health, increase productivity, and enhance the overall quality of life for its users.
M-Kopa is a company that offers connected asset financing solutions aimed at underbanked customers. By leveraging a platform that integrates digital micropayments and Internet of Things (IoT) technology, M-Kopa facilitates access to essential products and services, including solar lighting, televisions, refrigerators, smartphones, and financial services. The company's innovative approach allows individuals without credit histories or substantial assets to secure financing, thereby improving their quality of life through affordable and accessible everyday essentials.