Altech Group
Offers clean and affordable energy alternatives in over 20 provinces of the DRC.
Location: DRC
Website: https://www.altech-rdc.com/
Sector: Energy & Water
Funding Stage: Venture Round, Venture Round, Debt, Debt, Debt, Debt, Debt,
Total Funding ($m): 26.5
# of Founders: 2
Founding Year: 2013
Funding Year: 2022
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2020 | $0.5m | Venture Round | SIMA Funds |
| 2021 | $1m | Venture Round | Energise Africa |
| 2021 | $5m | Debt | Trine |
| 2021 | $1m | Debt | Trine |
| 2022 | $0.5m | Debt | Trine |
| 2022 | $0.5m | Debt | Trine |
| 2023 | $18m | Debt | Energy Entrepreneurs Growth Fund, Rabobank, SIMA Funds, SIDI (Solidarité Internationale pour le Développement et l'Investissement), Kiva, Whole Planet Foundation, EquityBCDC, Creating Hope in Conflict: a Humanitarian Grand Challenge, ANSER RDC |
Venture Round $0.5m
SIMA FundsVenture Round $1m
Energise AfricaDebt $5m
TrineDebt $1m
TrineDebt $0.5m
TrineDebt $0.5m
TrineDebt $18m
Energy Entrepreneurs Growth Fund, Rabobank, SIMA Funds, SIDI (Solidarité Internationale pour le Développement et l'Investissement), Kiva, Whole Planet Foundation, EquityBCDC, Creating Hope in Conflict: a Humanitarian Grand Challenge, ANSER RDCNews
https://www.linkedin.com/pulse/altech-group-expansion-energy-access-drc-altech-group/