Sun King (Greenlight Planet)
Social business that designs, distributes, and finances solar home energy
Location: Kenya
Website: https://www.greenlightplanet.com/
Sector: Energy & Water
Funding Stage: Series E, Debt, Series D, Debt, Venture Round, Debt, Debt,
Total Funding ($m): 641
# of Founders: 3
Founding Year: 2007
Funding Year: 2023
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2020 | $69m | Series E | British International Investment (ex CDC), Daniel Vasella, Jim Breyer, Dompe Holdings, JAM Fund, Novartis Venture Fund |
| 2021 | $75m | Debt | Norfund, British International Investment (ex CDC), Standard Bank, Citigroup |
| 2022 | $260m | Series D | BeyondNetZero, General Atlantic, M&G, ARCH Emerging Markets Partners |
| 2022 | $10m | Debt | Proparco |
| 2022 | $70m | Venture Round | LeapFrog Investments |
| 2023 | $150m | Debt | British International Investment (ex CDC), Stanbic Bank Kenya |
| 2024 | $7m | Debt | Lendable |
Series E $69m
British International Investment (ex CDC), Daniel Vasella, Jim Breyer, Dompe Holdings, JAM Fund, Novartis Venture FundDebt $75m
Norfund, British International Investment (ex CDC), Standard Bank, CitigroupSeries D $260m
BeyondNetZero, General Atlantic, M&G, ARCH Emerging Markets PartnersDebt $10m
ProparcoVenture Round $70m
LeapFrog InvestmentsDebt $150m
British International Investment (ex CDC), Stanbic Bank KenyaDebt $7m
LendableNews
https://lendable.io/news/lendable-supports-sun-kings-expansion-across-africa-with-7m-debt-investment/