Sustainable Energy Raises $ 10 Million for Pure Technology Venture in Africa – TechCrunch

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Sustainable Energy has raised $ 10 million for the Ceres C C Fund to boost its business in Africa’s pure technology venture.

Six new private investors, top investors and investors, including BK Ventures BV and DPI Energy Ventures Pte, participated in the fair. Limited.

Sustainable Energy will help start-up businesses, such as experts and investors in Africa’s renewable energy sector, build “sustainable growth” from concept to initial growth. It does this by investing capital and manpower – where team members join and work with portfolio companies management teams. The sustainable 20 partner companies are distributed in 17 sub-Saharan countries. The company still has two successful outlets.

Commenting on the agreement, Percentage Managing Partner Tobias Ruxtul said the company will use its resources to accelerate growth in sub-Saharan Africa to implement clean energy options and technologies on the continent.

“Over the next 10 years, many more companies will have to start and build to achieve the United Nations Sustainable Development Goals (SDGs). Quuden and FSDAi are committed to building our climate climate venture model,” said Ruxtul.

“By developing these powerful partnerships, we can accelerate venture-building venture investment, accelerate the transition to clean energy, promote e-mobility, and acquire new business models and technological advances on the continent,” he said.

He said the company would use the new funding to strengthen the team.

Continuous portfolio companies offer solar, commercial and industrial solar solutions, e-mobility solutions, or ecology in the solar home system business.

In Africa, these companies include solar works, a decades-old business that offers a variety of solar products, including a solar home system, a key provider of housing in South Africa. Solar Taxi, a beginner in Ghana, has recently been added to the list of portfolio companies. Solar taxis design, assemble and distribute two-wheeled and four-wheeled vehicles for transportation and transportation.

Oolu, BBOX, Rensource, Upowa, Altech, Ecoenergy, Candi, Ecobodaa, Asobo and Hohm Energy are part of the ecosystem as well as its portfolio companies.

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