Sun King sells, installs and finances solar home systems for the 1.8 billion off-grid and under-electrified consumers.
Sun King (formerly Greenlight Planet) is a solar company that designs, distributes, installs, and finances solar home energy products across Africa and Asia. Sun King produces solar home systems, inverter systems, and portable lanterns providing a solution for communities that live without reliable energy access. Sun King also offers pay-as-you-go financing options further allowing consumers to access energy without high up-front costs. Sun King works with their network of international distribution partners to expand the off-grid market.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 15, 2022 | Series D | $70M | 1 | LeapFrog Investments | — | Detail |
Apr 27, 2022 | Series D | $260M | 3 | Beyond Net Zero | — | Detail |
Oct 26, 2021 | Debt Financing | $75M | 4 | — | — | Detail |
Sep 22, 2020 | Debt Financing | $90M | 7 | — | — | Detail |
Dec 6, 2017 | Series C | $60M | 8 | Apis Partners | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
LeapFrog Investments | Yes | Series D |
Beyond Net Zero | Yes | Series D |
Apis Partners | Yes | Series C |
ARCH Emerging Markets Partners | — | Series D |
M&G Investments | — | Series D |
Citi | — | Debt Financing |
CDC Group | — | Debt Financing |
Norfund | — | Debt Financing |
Standard Bank | — | Debt Financing |
FMO | — | Debt Financing |