An impact investment firm supported by Shell, focused on advancing clean energy access in Nigeria.
Solar cooling startup Koolboks raises $11 million to expand across Africa
Koolboks raised $11 million in Series A funding to expand its cooling-as-a-service business across Africa. The funding will support the establishment of a local assembly plant in Nigeria within the next 12–18 months.
Salpha Energy Secures $1.3 Million to Expand Female-Led Solar Manufacturing in Nigeria
Salpha Energy raised $1.3 million in funding from All On to expand solar assembly activities. The funding will increase access to affordable off-grid electricity in underserved Nigerian communities.
Arnergy Secures $18 Million to Accelerate Solar Energy Deployment Across Africa
Arnergy closed an $18 million funding round to accelerate solar energy deployment in Africa. The funding round was led by All On, backed by Shell, with contributions from Breakthrough Energy Ventures and ElectriFI.
Rivy, formerly Payhippo, Rebrands and Secures US$4 Million in Pre-Series A Funding to Propel Africa’s Clean Energy Future
Rivy has successfully closed a US$4 million pre-Series A funding round, including US$2 million in debt and US$2 million in equity. The company has rebranded from Payhippo to Rivy, reflecting its focus on renewable energy financing.
Payhippo rebrands to Rivy, secures $4M to fuel clean energy financing in Africa
Rivy has secured $4 million in a pre-Series A funding round to focus on clean energy financing. The funding includes $2 million in debt and $2 million in equity from climate-focused investors All On and EchoVC Eco.
