KOKO Networks
Latest round
- Seed
Last raised
- Mar 2017
Total raised
- Undisclosed
Investors
- 1
About KOKO Networks
KOKO Networks Limited, based in Nairobi, Kenya, provides innovative clean cooking solutions, focusing on energy access through its KOKO Fuel product and smart kiosk distribution network. Founded in 2015 in Nairobi, Kenya, KOKO Networks Limited specializes in providing clean cooking solutions. The company was co-founded by Greg Murray, Nicholas Stokes, Richard Taylor, and Sagun Saxena.KOKO Networks Limited filed for bankruptcy protection.KOKO Networks specializes in delivering innovative solutions in clean cooking and energy access, primarily through its flagship product, KOKO Fuel. This clean ethanol cooking fuel is designed to replace traditional, polluting cooking methods and is distributed via KOKO's network of smart kiosks located in urban centers. The kiosks function as self-service fuel dispensers that allow users to conveniently refill their KOKO Fuel canisters, thus promoting cleaner air and healthier homes. In addition to KOKO Fuel, the company also engages in initiatives through KOKO Climate and KOKO Labs, focusing on carbon offsetting and technological advancements that cater to the needs of urban populations. KOKO serves a diverse customer base, including households in densely populated urban areas across East Africa and India, aiming to enhance the quality of life while addressing environmental concerns related to traditional cooking methods. KOKO Networks generates revenue through a multi-faceted business model that includes direct sales of KOKO Fuel and partnerships with various retailers to expand its distribution network. Customers typically purchase KOKO Fuel via a subscription model or buy directly from kiosks, providing a steady revenue stream. Additionally, KOKO engages in licensing agreements that allow third parties to distribute its products and technologies, further enhancing its market presence. The company has established strategic partnerships with local businesses to facilitate the distribution of their products, which strengthens the supply chain and enhances accessibility for end users. Through these initiatives, KOKO Networks aims to create a scalable and sustainable revenue model that aligns with its mission to improve urban living conditions.
Who invested in KOKO Networks
1 investor across 1 round
See all investors in KOKO Networks
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Mar 13, 2017
Amount
Undisclosed
Investors
Questions about KOKO Networks
Who invested in KOKO Networks?
KOKO Networks has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has KOKO Networks raised?
KOKO Networks has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did KOKO Networks last raise money?
KOKO Networks's most recent round on record is a Seed, in Mar 2017.
What does KOKO Networks do?
KOKO Networks Limited, based in Nairobi, Kenya, provides innovative clean cooking solutions, focusing on energy access through its KOKO Fuel product and smart kiosk distribution network.
Where is KOKO Networks headquartered?
KOKO Networks is headquartered in Nairobi, Kenya.
Which VCs invest in companies like KOKO Networks?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back consumer products companies at KOKO Networks's stage. Their profiles are linked below.
VCs backing consumer products startups at Seed
Raising like KOKO Networks? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.