Africa Angel Investors Network

Funding Tracker                 


Zola Electric

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Solar installation and upgradation services for rural areas in Africa


Location: Tanzania
Website: https://zolaelectric.com/
Sector: Energy & Water
Funding Stage: Venture Round,
Total Funding ($m): 90
# of Founders: 4
Founding Year: 2011
Funding Year: 2021
Status: Active
YearAmountStageInvestors
2021$90mVenture RoundTotal Energies, DBL Partners, Helios Investment Partners, Vulcan Capital, Electron Capital Partners, FMO, SunFunder, Angel investors
Xavier Helgesen, Bill Lenihan, Erica Mackey, Joshua Pierce
Venture Round $90m
Total Energies, DBL Partners, Helios Investment Partners, Vulcan Capital, Electron Capital Partners, FMO, SunFunder, Angel investors


News
https://techcrunch.com/2021/09/23/zola-electric-closes-90m-funding-round-to-scale-technology-and-enter-new-markets/