Africa Angel Investors Network

Funding Tracker                 


PowerGen

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Providing solar mini-grids in off-grid areas


Location: Kenya
Website: https://www.powergen-renewable-energy.com/
Sector: Energy & Water
Funding Stage: Series B,
Total Funding ($m): 15
# of Founders: 4
Founding Year: 2010
Funding Year: 2019
Status: Active
YearAmountStageInvestors
2019$15mSeries BShell Foundation, Sumitomo Corporation, Renewable Energy Performance Platform (REPP), Omidyar network, EDFI ElectriFi, DOB Equity, Acumen Fund
Aaron Cheng, Sam Slaughter, Alastair Smith, Mark Wopicho
Series B $15m
Shell Foundation, Sumitomo Corporation, Renewable Energy Performance Platform (REPP), Omidyar network, EDFI ElectriFi, DOB Equity, Acumen Fund


News
https://www.greentechmedia.com/articles/read/shell-and-sumitomo-snap-up-15-percent-stake-in-minigrid-firm