$3.2M sweet spot round size
Most of their 48 investments are in rounds between $2M and $8M
2016
WeLightAfrica raised $21M on January 20, 2023
Investors: European Investment Bank and EDFI ElectriFI - The Electrification Financing Initiative
Solarise Africa raised $3M on December 23, 2022
Investors: EDFI ElectriFI - The Electrification Financing Initiative
SunCulture Kenya Ltd. raised $10M on November 1, 2022
Investors: Acumen Resilient Agriculture Fund (ARAF) and EDFI ElectriFI - The Electrification Financing Initiative
RDG Collective raised $2M on October 6, 2022
Investors: EDFI ElectriFI - The Electrification Financing Initiative
Husk Power Systems raised $6M on September 15, 2022
Investors: EDFI ElectriFI - The Electrification Financing Initiative
Solar Panda raised $4M on June 1, 2022
Investors: EDFI ElectriFI - The Electrification Financing Initiative
Africa GreenCo/GreenCo Power Services Limited raised $16M on May 9, 2022
Investors: InfraCo Africa Limited and EDFI ElectriFI - The Electrification Financing Initiative
Redavia raised $3.1M on April 22, 2022
Investors: EDFI ElectriFI - The Electrification Financing Initiative
Sistema Biobolsa / Sistema.bio raised $16M on February 3, 2022
Investors: Blink C.V., CO_Capital, Chroma Impact Investment, AXA Investment Managers and EDFI ElectriFI - The Electrification Financing Initiative
Undisclosed raised $1.7M on December 23, 2021
Investors: EDFI ElectriFI - The Electrification Financing Initiative