Africa Angel Investors Network

Funding Tracker                 


Pylon

Image

Provides water and electricity distribution companies, in emerging markets, with a platform for reducing their losses as well as opening new revenue streams


Location: Egypt
Website: https://pylonump.com/
Sector: Energy & Water
Funding Stage: Venture Round, Seed,
Total Funding ($m): 19.13
# of Founders: 2
Founding Year: 2017
Funding Year: 2021
Status: Active
YearAmountStageInvestors
2021$0.13mVenture RoundY Combinator, LoftyInc Capital Management
2022$19mSeedEndure Capital, British International Investment (ex CDC), Cathexis Ventures, LoftyInc Capital Management, Khawarizmi Ventures, Angel investors
Ahmed Ashour, Omar Mohamed Radi, ,
Venture Round $0.13m
Y Combinator, LoftyInc Capital Management

Seed $19m
Endure Capital, British International Investment (ex CDC), Cathexis Ventures, LoftyInc Capital Management, Khawarizmi Ventures, Angel investors


News
https://techcrunch-com.cdn.ampproject.org/c/s/techcrunch.com/2022/04/12/egypts-pylon-gets-19m-to-scale-software-for-water-and-electricity-distribution-companies/amp/