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Electrification Financing Initiative

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 47
Average round size
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The average size of a deal this fund participated in
$5M
Portfolio companies 36
Rounds per year 5.88
Lead investments 8
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.23
Key employees 1

Areas of investment

  • Energy
  • Solar
  • Renewable Energy
  • Energy Management
  • Power Grid
Summary

Electrification Financing Initiative is the famous VC, which was founded in 2016. The main department of described VC is located in the Brussels. The company was established in Europe in Belgium.

Considering the real fund results, this VC is 2 percentage points more often commits exit comparing to other organizations. The top activity for fund was in 2019. The fund is constantly included in 2-6 deals per year. The common things for fund are deals in the range of 5 - 10 millions dollars.

The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the Electrification Financing Initiative, startups are often financed by Energy Access Ventures, Blue Haven Initiative, Aster. The meaningful sponsors for the fund in investment in the same round are Energy Access Ventures, Aster, Triodos Investment Management. In the next rounds fund is usually obtained by Energy Access Ventures, Marubeni Corporation, IP Group Plc.

For fund there is no match between the country of its foundation and the country of its the most frequent investments - Ghana. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight PEG, Sistema Biobolsa. The fund has exact preference in some founders of portfolio startups. Among the most successful fund investment fields, there are Social Entrepreneurship, Solar.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Electrification Financing Initiative:
Typical Co-investors
Electrification Financing Initiative is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Electrification Financing Initiative:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Africa GreenCo

Electrical Distribution
Energy
Energy Management
Renewable Energy
$15M09 May 2022 Lusaka, Lusaka, Zambia

MyJouleBox

Energy
Solar
$2M22 Jul 2021 Paris, Ile-de-France, France

Nithio Holdings

Energy
Environmental Engineering
Finance
Renewable Energy
Solar
$30M15 Apr 2021 Washington, District of Columbia, United States

Solarise Africa

Energy
Solar
$10M09 Sep 2020 Nairobi, Nairobi, Kenya

Powergen Renewable Energy

Energy
Power Grid
Renewable Energy
Solar
$15M05 Nov 2019 Nairobi, Nairobi, Kenya

Sistema Biobolsa

Agriculture
Biomass Energy
Energy
Environmental Consulting
Renewable Energy
Social Entrepreneurship
$12M25 Jun 2019 Mexico City, Mexico

Arnergy

Energy
Renewable Energy
$9M24 Jun 2019 Lagos

Solarise Africa

Energy
Solar
$2M03 Jun 2019 Nairobi

Nuru

Energy
Solar
$3M19 Mar 2019 -

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Total investments 47
Average round size 5M
Rounds per year 5.88
Peak activity year 2019
Lead investments 8
Follow on index 0.23
Group Appearance index 0.43

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Africa GreenCo

Electrical Distribution
Energy
Energy Management
Renewable Energy
$15M09 May 2022 Lusaka, Lusaka, Zambia

MyJouleBox

Energy
Solar
$2M22 Jul 2021 Paris, Ile-de-France, France

Nithio Holdings

Energy
Environmental Engineering
Finance
Renewable Energy
Solar
$30M15 Apr 2021 Washington, District of Columbia, United States

Solarise Africa

Energy
Solar
$10M09 Sep 2020 Nairobi, Nairobi, Kenya

Powergen Renewable Energy

Energy
Power Grid
Renewable Energy
Solar
$15M05 Nov 2019 Nairobi, Nairobi, Kenya

Sistema Biobolsa

Agriculture
Biomass Energy
Energy
Environmental Consulting
Renewable Energy
Social Entrepreneurship
$12M25 Jun 2019 Mexico City, Mexico

Arnergy

Energy
Renewable Energy
$9M24 Jun 2019 Lagos

Solarise Africa

Energy
Solar
$2M03 Jun 2019 Nairobi

Nuru

Energy
Solar
$3M19 Mar 2019 -
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