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OnePower

51 employees

OnePower is an energy startup and a social business founded in Lesotho with a mission to bring electricity to underserved communities across Africa. We provide affordable and reliable electricity services to off-grid villages, giving families, schools, health clinics, and local businesses the opportunity to thrive. We are passionate about our work and proud to make a positive impact in communities. OnePower was incubated in 2015 by STG International, a non-profit based in Cambridge, MA that spun-off from the Massachusetts Institute of Technology in 2007. STG International has been working on energy access globally for more than 10 years, with funding from a wide variety of sources including the World Bank and the United Nations Development Programme, and partnerships across sectors and governmental ministries in Lesotho, Benin, and soon new markets.

Investor insights

Funding rounds participated in

$50M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Renewable Energy Power Generation

Sectors

Renewable Energy Power Generation

Date founded

2015

Funding rounds raised

Total raised

$50M

from 1 investors over 1 rounds

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OnePower raised $50M on January 1, 2022

Investors: EDFI ElectriFI

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