# Eldo Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eldo-energy

- Industry: Power & Utilities
- Headquarters: Johannesburg, South Africa
- Website: www.eldoenergy.com
- Total disclosed funding: $0.2M
- Latest round: Seed (Nov 1, 2025)
- Investors on record: 1

## About

Founded in 2013, Eldo Energy is a South African digital utility service provider that specializes in offering renewable energy solutions to businesses, aiming to optimize energy consumption and reduce electricity costs.Eldo Energy, headquartered in Johannesburg, South Africa, provides businesses with renewable energy solutions through Power Purchase Agreements (PPAs). The company was founded in 2013 and has since focused on establishing itself in the renewable energy sector without notable shifts in business strategy. In November 2025, the company raised USD 180,000 in SEED funding from Orbit Ventures, bringing the total amount raised to USD 180,000. The company has participated in one significant funding round to date.Eldo Energy operates as a digital utility service provider that delivers cost-effective renewable energy solutions. Its primary offerings include a streamlined online platform for securing Power Purchase Agreements (PPAs) for wheeled renewable energy, enabling clients to achieve savings of up to 20% on electricity costs. The platform allows users to receive real-time proposals, customize contracts with Energy Advisors, and finalize agreements swiftly. Eldo Energy serves a diverse clientele, including businesses throughout Africa seeking innovative utility solutions, supported by smart metering technology and transparent billing practices.Eldo Energy generates revenue primarily through B2B sales of renewable energy contracts and smart metering services. The company's financial structure is designed around customized agreements with commercial clients for purchasing green electricity, fostering long-term relationships. Payments are based on monthly electricity usage, monitored through advanced metering technology that enhances energy management and promotes transparent billing. Eldo Energy's flagship PPA product offers clients access to renewable energy at a locked-in rate, aligning both immediate energy savings and the broader transition to sustainable energy sources.Eldo Energy plans to utilize the recent SEED funding of USD 180,000 raised in November 2025 to support the development of new products and expand into new markets. Specific details on upcoming product launches have not been disclosed, but the company aims to enhance its service offerings. Additionally, Eldo Energy intends to target markets beyond South Africa, with a focus on expanding its reach across the African continent. This strategic approach is aimed at establishing a strong presence in regions seeking innovative energy solutions.

## Funding rounds

- Seed, Nov 1, 2025, $0.2M — Orbit Ventures

## Investors

- Orbit Ventures (https://capitalatlas.ai/funds/orbit-ventures) — Seed