Kofa

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Developer of electric batteries designed to create an affordable, sustainable, and customer-driven electricity network. The company specializes in developing electric batteries and reducing fossil fuel usage and transforming transport, energy, and climate change, enabling customers to access electric vehicles at an affordable price and reduce carbon pollution globally.


Location: Ghana
Website: https://www.kofa.co/
Sector: Energy
Funding Stage: Venture Round, Debt,
Total Funding ($m): 8
# of Founders: 1
Founding Year: 2021
Funding Year: 2024
YearAmountStageInvestors
2023$n.amVenture RoundMercy Corps Ventures, Shell Foundation, FCDO, Wangara Green Ventures, Angel Investors
2024$8mDebtShell Foundation and TEA
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Erik Nygard
Founder & CEO
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Venture Round $n.am
Mercy Corps Ventures, Shell Foundation, FCDO, Wangara Green Ventures, Angel Investors

Debt $8m
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News

https://dabafinance.com/en/news/ghanaian-startup-kofa-expands-battery-swapping-network-with-8m-spv