MPower Ventures
Provides small and medium-scale solar energy infrastructure using a B2B model that combines hardware, software, and financing solutions.
Location: Africa
Website: https://www.mpower.africa/
Sector: Energy & Water
Funding Stage: Pre-Series A, Venture Round, Debt,
Total Funding ($m): 4.3
# of Founders: 3
Founding Year: 2017
Funding Year: 2023
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2023 | $1.6m | Pre-Series A | n.a. |
| 2023 | $0.7m | Venture Round | Seedrs (Crowdfunding) |
| 2024 | $2m | Debt | Eastern and Southern African Trade and Development Bank (TDB Group) |
Pre-Series A $1.6m
n.a.Venture Round $0.7m
Seedrs (Crowdfunding)Debt $2m
Eastern and Southern African Trade and Development Bank (TDB Group)News
https://www.tdbgroup.org/tdb-group-extends-usd-2-million-to-mpower-ventures-zambia-to-improve-access-to-affordable-and-modern-energy-solutions-in-zambia/