Yellow Africa
Digital retail business focused on energy access by providing power on a pay-as-you-go (PAYG) basis
Location: South Africa
Website: https://www.yellow.africa/
Sector: Energy & Water
Funding Stage: Series A, Debt, Debt, Debt, Series B,
Total Funding ($m): 48.6
# of Founders: 2
Founding Year: 2018
Funding Year: 2023
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2020 | $3.3m | Series A | Platform Investment Partners, Ruby Rock Investments, Angel Investors |
| 2021 | $3.3m | Debt | SunFunder |
| 2022 | $23m | Debt | Lion’s Head, Triple Jump, SunFunder, SIMA Funds, Trine |
| 2023 | $5m | Debt | Oikocredit |
| 2023 | $14m | Series B | Convergence Partners, Triple Jump, Platform Investment Partners |
Series A $3.3m
Platform Investment Partners, Ruby Rock Investments, Angel InvestorsDebt $3.3m
SunFunderDebt $23m
Lion’s Head, Triple Jump, SunFunder, SIMA Funds, TrineDebt $5m
OikocreditSeries B $14m
Convergence Partners, Triple Jump, Platform Investment PartnersNews
https://techcrunch.com/2023/06/19/paygo-solar-startup-yellow-raises-14-million-to-scale-in-africa/