Africa Angel Investors NetworkBaobab+
Distribution of solar kits and digital devices in off-grid areas
Location: Senegal
Website: https://www.baobabplus.com/
Sector: Energy & Water
Funding Stage: Grant, Venture Round, Grant, Grant, M&A,
Total Funding ($m): 15.25
# of Founders: 1
Founding Year: 2015
Funding Year: 2022
Status: Active
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $0.5m | Grant | Off Grid Market Development Fund |
| 2021 | $11.75m | Venture Round | Norfund |
| 2022 | $1.5m | Grant | USAID |
| 2022 | $1.5m | Grant | USAID |
| 2025 | $Undisclosedm | M&A | Biolite |