14.8 million households
with clean energy access
12.2 million tons
of CO2 emissions averted
*as of Q2 2020
Bboxx is a next generation utility, transforming lives and unlocking potential through access to energy. Bboxx manufactures, distributes and finances decentralised solar powered systems in developing countries. It is scaling through forging strategic partnerships and its innovative technology Bboxx Pulse®, a comprehensive management platform using IoT technology. Through affordable, reliable, and clean utility provision, Bboxx is bringing people into the digital economy, creating new markets, and enabling economic development in off-grid communities and those living without a reliable grid connection.
d.light design is a distributed solar solutions company and market leader in the off-grid solar sector. Since the debut of its first solar product in 2008, the company has sold 20 million solar light and power products in 62 countries, improving the lives of over 83 million people. d.light is dedicated to providing the most reliable, affordable and accessible solar lighting and power systems for the developing world and reaching 100 million people by 2020.
Access to debt financing remains a considerable constraint for fast-growing pay-as-you-go solar companies that rely on asset-leasing. Lendable is the first technology-enabled deal platform designed specifically for alternative asset-backed lenders and finance providers in frontier markets. The company is developing unparalleled capability to de-risk debt and bring new financing into the region and the pay-as-you-go sector, and its platform enables local companies to raise scalable forms of off balance sheet financing in weeks.
Redavia Solar provides large scale containerized, solar-farm-rentals for businesses and rural communities in East Africa. All of Redavia’s deployed solar farms to date are creating a viable alternative to diesel generators. They provide a quick-to-deploy, competitive, utility-type service to their customers, and they help to achieve two important impact goals – energy access and CO2 displacement.
OPES Solutions is a technology, quality and market leader in the off-grid solar industry. The company focus is on design and production of solar modules, which are tailored to suit applications in the energy access and smart city markets. Flexible design, high durability and an outstanding price/performance ratio are achieved by innovative manufacturing processes implemented in the OPES plant in Changzhou, China. The research and development partners of OPES Solutions include the Fraunhofer Center for Silicon Photovoltaics. Business & Product development are based in Berlin, Germany.
BioLite is an Energy Company that develops and manufactures breakthrough technologies to cook, charge, and light life beyond the grid. Their market-based approach to energy access empowers people to power themselves. They reach their customers through a robust and growing network of last-mile distribution partners who both market and offer consumer- financing to their end consumers. Over the past seven years, the team has grown to over 80 employees working across their New York and Nairobi offices. Between their emerging and recreation markets, BioLite has sold over 1,000,000 products to people in 100 counties, generating $85 million in cumulative revenue and offsetting 250,000 tons of CO2.
Angaza is the leading B2B Software-as-a-Service (SaaS) company enabling PAYG financing of solar-powered home systems and appliances in emerging markets. A proven market leader, Angaza's software serves over 150 distributors in 50 countries. Their technology has made life-changing products accessible and affordable to 1.9M families.
InspiraFarms manufactures and provides energy-efficient cold rooms; packhouses and automated ripening chambers; client-centered technical support; and asset finance to agricultural businesses in Sub Saharan Africa and Latin America. These technologies are targeted at reducing post-harvest losses that – without adequate refrigeration – are estimated at up to 50% of total agricultural output for horticultural produce in emerging markets.
Our Investment Criteria
KawiSafi Ventures invests growth capital to scale companies providing clean, affordable, and efficient renewable energy to East Africa’s off-grid populations. We invest in high-growth, ready-to-scale companies with proven business models, growing revenues and strong management teams. If your enterprise is ready for this stage of investment, we would be interested to speak with you. If your company is still operating at an earlier stage, i.e. unproven business model, limited or no revenues, we encourage you to reach out to our partners at Acumen.