A venture capital firm that co-led Rivy's $4 million funding round to support its pivot to clean energy.
EchoVC ran a $2.5 million climate-tech experiment. Here’s how it went.
EchoVC released a report on its $2.5 million Eco Pilot Fund, detailing its performance and impact. The Eco Pilot Fund was launched in partnership with Shell Foundation and UKAid to support African climate tech startups.
Climate tech startup Rivy launches solar equipment marketplace to tackle upfront barriers
Rivy launched EnergyStack, an online storefront for verified solar gear. The platform offers solar panels, batteries, inverters, and more from trusted manufacturers.
Nigerian fintech Payhippo rebrands as Rivy, raises $4 million for clean energy financing
Rivy raised $4 million in a pre-Series A funding round to focus on clean energy financing. The funding was split evenly between $2 million in debt and $2 million in equity.
Goldman Sachs-backed Kobo360 cut jobs in November as part of restructuring
Kobo360 implemented company-wide layoffs across its seven markets in November 2024. CEO Cikü Mugambi resigned, citing fundraising difficulties.
EchoVC has a $2.5m fund and it’s not for fintech startups
EchoVC is launching a $2.5 million fund to seed early-stage energy, agri-tech, and climate-tech startups. The fund will focus on companies that boost agricultural productivity, help farmers access new markets, and bring new cooling and energy storage technologies to the market.
