Shyft Power Solutions

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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
YearAmountStageInvestors
2021$3.1mSeedSoftBank Opportunity Fund, Total Energies, LoftyInc Capital Management, Samurai Incubate, Urban US
2024$UndisclosedmM&ASteamaCo.
Ugwem Eneyo , Cole Stites-Clayton , ,
Seed $3.1m
SoftBank Opportunity Fund, Total Energies, LoftyInc Capital Management, Samurai Incubate, Urban US

M&A $Undisclosedm
SteamaCo.



News

https://empowerafrica.com/nigerias-shyft-power-solutions-acquired-by-uks-steamaco-gets-funding-to-transform-africas-energy-sector/