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SolarNow
company
About
SolarNow provides solar energy and financing solutions in East Africa through its subsidiary.
- 501 - 1000
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $9M
- Industries
- Clean Energy,Energy,Energy Storage,Renewable Energy,Solar
- Founded date
- Jan 1, 2011
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
SolarNow provides solar energy and financing solutions in East Africa through its subsidiary. It offers solar home systems, electrical appliances, and power solutions that are designed to fit the needs of rural and urban households, entrepreneurs, and institutions. SolarNow offers household, small business, farming, and corporate solutions. Willem Nolens founded it in 2011, with its headquarters in Nijmegen in the Netherlands and branch locations in Uganda and Kenya.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
$17.50M
SolarNow has raised a total of
$17.50M
in funding over 2 rounds. Their latest funding was raised on
Dec 15, 2017 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 15, 2017 | Series B | $9M | 1 |
Shell Global
|
— | Detail |
| Oct 18, 2017 | Debt Financing | $6M | 1 | — | — | Detail |
| Oct 10, 2014 | Series Unknown | $2.50M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
3
SolarNow is funded by 3 investors.
Shell Global
and responsAbility
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Shell Global
|
Yes | Series B |
responsAbility
|
— | Debt Financing |
SpringHill Equity Partners
|
— | Series Unknown |
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