Powerhive
Latest round
- Series B
Last raised
- Jul 2019
Total raised
- $27M
Investors
- 8
About Powerhive
Founded in 2011, Powerhive Inc. focuses on providing scalable off-grid energy solutions. The company has evolved its strategy to emphasize modular mini-grid systems that circumvent traditional power delivery methods.Powerhive specializes in scalable off-grid utility solutions that provide access to clean energy for remote communities. Their core offerings include modular mini-grid systems utilizing a proprietary technology stack, enabling users to bypass traditional power infrastructure. These systems deliver stable electricity and fast internet access, addressing the energy needs of underserved populations.Powerhive generates revenue through partnerships with energy providers and government entities, alongside direct contracts with local communities. Their business model involves the deployment of mini-grid systems with clients paying for installation and maintenance services via a subscription structure. The company aims to enhance its modular mini-grid systems and explore new markets in Africa, focusing on regions that lack reliable energy access. Specific product launches are in development, with a strategic focus on meeting the unique needs of underserved communities.
Who invested in Powerhive
8 investors across 2 rounds
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Questions about Powerhive
Who invested in Powerhive?
Powerhive has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Powerhive raised?
Powerhive has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Powerhive last raise money?
Powerhive's most recent round on record is a Series B, in Jul 2019.
What does Powerhive do?
Founded in 2011, Powerhive Inc.
Where is Powerhive headquartered?
Powerhive is headquartered in Nairobi, Kenya.
Which VCs invest in companies like Powerhive?
Among active investors with capital left to deploy, WestBridge Capital Partners, Norrsken22, 4DX Ventures and LoftyInc Capital Management back software companies at Powerhive's stage. Their profiles are linked below.
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