Baobab+
Distribution of solar kits and digital devices in off-grid areas
Location: Senegal
Website: https://www.baobabplus.com/
Sector: Energy & Water
Funding Stage: Debt, Grant, Venture Round, Grant, Debt, Grant, Debt,
Total Funding ($m): 27.2
# of Founders: 1
Founding Year: 2015
Funding Year: 2021
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $4.7m | Debt | FEI-OGEF, Energy Entrepreneurs Growth Fund |
| 2021 | $0.5m | Grant | Off Grid Market Development Fund |
| 2021 | $11.75m | Venture Round | Norfund |
| 2022 | $1.5m | Grant | USAID |
| 2022 | $5m | Debt | Symbiotics |
| 2022 | $1.5m | Grant | USAID |
| 2024 | $2.25m | Debt | All On |
Debt $4.7m
FEI-OGEF, Energy Entrepreneurs Growth FundGrant $0.5m
Off Grid Market Development FundVenture Round $11.75m
NorfundGrant $1.5m
USAIDDebt $5m
SymbioticsGrant $1.5m
USAIDDebt $2.25m
All OnNews
https://www.africaceovoices.com/baobab-nigeria-secures-us2-25m-from-all-on-to-facilitate-its-expansion/