Shyft Power Solutions
A developer of an energy management platform aimed at streamlining the management of distributed energy resources. The platform leverages the Internet of Things (IoT) to monitor and control energy assets, manage power sources, and provide real-time energy consumption insights. This solution enables real estate developers, solar providers, and business owners to enhance energy efficiency, optimize power management, and reduce costs effectively.
Location: Nigeria
Website: http://www.shyftpower.com/
Sector: Energy
Funding Stage: Seed, M&A,
Total Funding ($m): 3.1
# of Founders: 2
Founding Year: 2016
Funding Year: 2024
Year | Amount | Stage | Investors |
---|---|---|---|
2021 | $3.1m | Seed | SoftBank Opportunity Fund, Total Energies, LoftyInc Capital Management, Samurai Incubate, Urban US |
2024 | $Undisclosedm | M&A | SteamaCo. |
Seed $3.1m
SoftBank Opportunity Fund, Total Energies, LoftyInc Capital Management, Samurai Incubate, Urban USM&A $Undisclosedm
SteamaCo.News
https://empowerafrica.com/nigerias-shyft-power-solutions-acquired-by-uks-steamaco-gets-funding-to-transform-africas-energy-sector/