Karmsolar
KarmSolar provides solar technology and integration solutions to agricultural, industrial, tourism, and other sectors.
Location: Egypt
Website: http://karmsolar.com/#
Sector: Energy & Water
Funding Stage: Venture Round, Venture Round, Debt, Debt,
Total Funding ($m): 31.4
# of Founders: 4
Founding Year: 2011
Funding Year: 2023
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2019 | $25m | Venture Round | EDF (Corporate) |
| 2022 | $1m | Venture Round | n.a. |
| 2022 | $2.4m | Debt | QNB Alahli |
| 2023 | $3m | Debt | HSBC |
Venture Round $25m
EDF (Corporate)Venture Round $1m
n.a.Debt $2.4m
QNB AlahliDebt $3m
HSBCNews
https://www.wamda.com/2023/01/karmsolar-secures-3-million-hsbc-fuel-farafra-solar-grid