PowerUP
Latest round
- Seed
Last raised
- Feb 2024
Total raised
- Undisclosed
Investors
- 2
About PowerUP
Founded in 2021 and based in Uganda, PowerUP Limited is a product development company creating household appliances that reduce carbon emissions while delivering income and health benefits. The company was co-founded by its CEO, Kato Kibuka. The company provides its primary product, the electric pressure cooker, which is equipped with an in-built energy meter. The firm’s product allows users to monitor their energy consumption and understand the cost of cooking, empowering them to make informed choices about their energy usage. Customers can pay for its electric pressure cookers monthly using PAYGO, which is made possible by its partnerships with Angaza, Paygee, PaygOps, and Upya.
Who invested in PowerUP
2 investors across 1 round
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Funding rounds
Seed
Feb 6, 2024
Amount
Undisclosed
Investors
Questions about PowerUP
Who invested in PowerUP?
PowerUP has 2 investors 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 PowerUP raised?
PowerUP has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PowerUP last raise money?
PowerUP's most recent round on record is a Seed, in Feb 2024.
What does PowerUP do?
Founded in 2021 and based in Uganda, PowerUP Limited is a product development company creating household appliances that reduce carbon emissions while delivering income and health benefits.
Where is PowerUP headquartered?
PowerUP is headquartered in Kampala, Uganda.
Which VCs invest in companies like PowerUP?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back consumer products companies at PowerUP's stage. Their profiles are linked below.
VCs backing consumer products startups at Seed
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