Africa Angel Investors Network

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Koolboks

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Technology-enabled renewable energy refrigeration company that provides cost-effective cooling services to business owners, in off-grid areas in Nigeria and globally.


Location: Nigeria
Website: https://www.koolboks.com/
Sector: Energy
Funding Stage: Seed, Grant, Grant,
Total Funding ($m): 2.9
# of Founders: 2
Founding Year: 2019
Funding Year: 2025
Status: Active
YearAmountStageInvestors
2022$2.5mSeedAruwa Capital, Acumen Fund, Blue Earth Capital, All On, GSMA Innovation Fund, Angel investors
2024$0.2mGrantEfficiency for Access Research and Development Fund
2025$0.2mGrantPowering Renewable Energy Opportunities (PREO)
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Ayoola Dominic
Co-Founder & CEO
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Seed $2.5m
Aruwa Capital, Acumen Fund, Blue Earth Capital, All On, GSMA Innovation Fund, Angel investors

Grant $0.2m
Efficiency for Access Research and Development Fund

Grant $0.2m
Powering Renewable Energy Opportunities (PREO)


News
https://www.preo.org/news/preo-announces-winners-of-latest-open-call-as-applications-from-clean-tech-entrepreneurs-in-africa-hits-an-all-time-programme-high/