Pylon
Provides water and electricity distribution companies, in emerging markets, with a platform for reducing their losses as well as opening new revenue streams
Location: Egypt
Website: https://pylonump.com/
Sector: Energy & Water
Funding Stage: Venture Round, Seed,
Total Funding ($m): 19.13
# of Founders: 2
Founding Year: 2017
Funding Year: 2022
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $0.13m | Venture Round | Y Combinator, LoftyInc Capital Management |
| 2022 | $19m | Seed | Endure Capital, British International Investment (ex CDC), Cathexis Ventures, LoftyInc Capital Management, Khawarizmi Ventures, Angel investors |
Venture Round $0.13m
Y Combinator, LoftyInc Capital ManagementSeed $19m
Endure Capital, British International Investment (ex CDC), Cathexis Ventures, LoftyInc Capital Management, Khawarizmi Ventures, Angel investorsNews
https://techcrunch-com.cdn.ampproject.org/c/s/techcrunch.com/2022/04/12/egypts-pylon-gets-19m-to-scale-software-for-water-and-electricity-distribution-companies/amp/