Azuri
Azuri brings affordable solar power to off-grid rural africans.
Business Model: B2C
Revenue: $16.6M
Employees: 51-200
Industries / Tags:
Detailed Azuri Information
Geographic Data
Address: Winship Road
City: Cambridge
State: england
Zip: CB24 6AP
Country: GB
Financial Info
Stage:
corporate round
Raised Last:
$26M
Raised Total:$31M
Social
Metrics
9,949,212Website Global Rank
69Website Monthly Traffic
Twitter Followers
Description
Azuri Technologies is a commercial provider of PayGo solar systems to rural off-grid communities. With the widest reach of any provider in sub Saharan Africa, the company is addressing the problem of energy access which affects the 1.3 billion people around the world who lack access to the grid. Azuri has used mobile technology to turn a development challenge into a business challenge through its Azuri solar home systems, which allow users to pay for solar power on a pay-as-you-go basis, just like they do for their phones and kerosene. This provides clean, safe renewable power to families at about half the cost of the kerosene it replaces, without the need for any government subsidies or tariffs. Azuri’s HQ is in Cambridge, United Kingdom, with staff based in Kenya, Uganda, Ghana, Ethiopia and Tanzania and presence in 11 countries across sub Saharan Africa.
Contact Phone:
Contact Email:
| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2017 | Equity Crowdfunding | $154.9k | 4/2018 | Equity Crowdfunding | $2.4M | 7/2017 | Debt | $5M |
Standard Chartered Bank |
2/2017 | Debt Financing | 1 | $5M |
Standard Chartered Bank Standard Chartered Bank Standard Chartered Bank Standard Chartered Bank |
1/2018 | Debt Financing | 2 | $20M |
Electrification Financing Initiative TRINE Electrification Financing Initiative TRINE |
6/2019 | Corporate Round | 2 | $26M |
IP Group Marubeni IP Group Marubeni |
|---|
| Announced Date | Name | Price |
|---|
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