PEGAfrica
Latest round
- Series C
Last raised
- Mar 2019
Total raised
- $26M
Investors
- 8
About PEGAfrica
PEGAfrica Limited, founded in 2013, specializes in renewable energy solutions aimed at enhancing electricity access. The company underwent a significant change when it was acquired in April 2022 by Bboxx Ltd. as part of a Trade Sale deal valued at USD 200 mn.PEGAfrica primarily provides renewable energy solutions to underserved markets in Africa, focusing on off-grid solar energy products. Their core offerings include solar home systems and solar water pumps designed to enhance access to electricity and water in rural and semi-urban areas. The company aims to address energy poverty by enabling households and businesses to operate appliances, improve quality of life, and increase productivity through reliable energy access. PEGAfrica’s customer base includes individual households, small businesses, and agricultural users who benefit from affordable and sustainable energy solutions. The company structures its transactions primarily through partnerships with local distributors and retail outlets, ensuring widespread access to its offerings. These models cater to a diverse client base, from individual consumers to larger enterprises., PEGAfrica plans to consolidate its position in clean energy solutions across Africa. Although specific new products have not been detailed, the focus will remain on developing innovative renewable energy solutions to meet the growing demand in underserved markets. The company anticipates that recent investments will significantly bolster its growth strategy, strengthening its capabilities in delivering sustainable energy solutions.
Who invested in PEGAfrica
8 investors across 4 rounds
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Questions about PEGAfrica
Who invested in PEGAfrica?
PEGAfrica has 8 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PEGAfrica raised?
PEGAfrica has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did PEGAfrica last raise money?
PEGAfrica's most recent round on record is a Series C, in Mar 2019.
What does PEGAfrica do?
PEGAfrica Limited, founded in 2013, specializes in renewable energy solutions aimed at enhancing electricity access.
Where is PEGAfrica headquartered?
PEGAfrica is headquartered in Accra, Ghana.
Which VCs invest in companies like PEGAfrica?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back renewable energy companies at PEGAfrica's stage. Their profiles are linked below.
VCs backing renewable energy startups at Series C
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