Africa Angel Investors Network

Funding Tracker                 


MPower Ventures

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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
Status: Active
YearAmountStageInvestors
2023$1.6mPre-Series An.a.
2023$0.7mVenture RoundSeedrs (Crowdfunding)
2024$2mDebtEastern and Southern African Trade and Development Bank (TDB Group)
Manuel Seiffe, Greg Nau, Michael Eschmann,
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/