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d.light

dlight.com

Founded Year

2006

Stage

Line of Credit | Alive

Total Raised

$352.37M

Last Raised

$50M | 7 mos ago

About d.light

d.light specializes in solar-powered solutions for people without access to reliable electricity. d.light is also a distributed solar lighting brand for households and small businesses in off-grid communities. It was founded in 2006 and is based in San Francisco, California.

Headquarters Location

600 California Street 11th Floor

San Francisco, California, 94109,

United States

415-910-9955

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ESPs containing d.light

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Energy / Electric & Utilities Tech

As the frequency and duration of electricity blackouts increase, utility customers have embraced micro-grid/off-grid solutions, which allow them to generate their own electricity. Utility companies are partnering with and investing in companies in the space in order to offer their own micro-grid/off-grid solutions.

d.light named as Leader among 11 other companies, including Mainspring Energy, Xendee, and Yotta.

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Expert Collections containing d.light

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

d.light is included in 2 Expert Collections, including Renewable Energy.

R

Renewable Energy

4,023 items

Includes companies working on technology to support renewable energy generation.

G

Grid and Utility

1,555 items

This collection includes companies that are working on software and hardware to improve grids, utilizing new pricing models, and developing microgrids.

d.light Patents

d.light has filed 35 patents.

The 3 most popular patent topics include:

  • Childbirth
  • Computational fluid dynamics
  • Earth sciences
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/28/2016

11/19/2019

Technical drawing, Graphical projections, Cuttlefish, Honeycombs (geometry), Limousines

Grant

Application Date

12/28/2016

Grant Date

11/19/2019

Title

Related Topics

Technical drawing, Graphical projections, Cuttlefish, Honeycombs (geometry), Limousines

Status

Grant

Latest d.light News

d.light launches in Nigeria with solar energy and device financing Solutions

Sep 20, 2022

Total d.light, a global leader in social transformation has officially launched into the Nigerian market with a promise to transform one billion lives globally by 2030. Founded in 2007 by Ned Tozun a Canadian & Sam Goldman an American who met at Stanford Business School, d.light has operated in several markets globally like India, China and Kenya, Uganda, Tanzania, Ethiopia in Africa before expanding to the Nigerian market with over 25 million sustainable products including solar lanterns, solar home systems, TVs, radios and smartphones sold globally across over 70 countries. Mrs ibukun Awosika Speaking about d.light’s passion to transform and impact billions of lives across the globe, the chairman of the board, Mrs Ibukun Awosika explained that the goal of the company is to bridge the gap and ensure inclusiveness for everyone. “Our vision is to change the lives of billions of people on the face of the earth who are crying for equity to have a chance to live a better life.” We are in Nigeria to transform Africa one community at a time, and this is our driving force she said. Co-founder and President, Sam Goldman Giving the opening address at the launch, co-founder and president Sam Goldman said “The reality is that we are still so far from where we need to be in terms of our population and their needs. Hence our target market is low-income individuals; not just the rural communities which is why the company adopts the ‘pay-as-you-go” model. Access to sustainable energy will not be possible unless we solve the funding problem. A demonstration of the capacity of the solar panels to the guests… d.light- A case for solar energy The co-founder and CEO, Ned Tozun in his own address stated that d.light has provided employment for over 6,000 people across Africa. He added, “Our target is lower-income individuals. There is the sun in the village and the cities, so when we just say a rural market, it is not. The guy who lives in Lagos, but doesn’t have a generator shouldn’t even use a generator if he can have a solar solution. Why? Because of environmental sustainability. So, when you think about all the ESG matters, you will encourage more people to use alternate sources of energy rather than polluting sources of energy and that helps everywhere; whether you are in the city or in the village. It is about lower income. What we’ve done is to think of the entire problem chain. Firstly, innovate the product. Two, how do you deliver it? Deliver it to them at the most reasonable price. Thirdly, make sure it’s affordable for them. How is it affordable? It is pay-as-you-go. They don’t have to look for the capital to buy. They look for signing-up, proving they have the ability to be able to pay every week – they have a different system: every week, every month, every day – are different options that are available and as you increase your credibility ratio in terms of your performance, you then have opportunity to get into more.” The highlight of the event was the official launch of the iMax 10 Solar Power System an inverter battery system that can give Nigerians the freedom to live their best lives. Dignitaries at the official country launch included the Vice President of Nigeria, Yemi Osinbajo; CEO, who gave his virtual goodwill message and Florian Seche, CEO of HMD, Global strategic partners to d.light. If you’d like to get featured on our Entrepreneur Spotlight, click  here  to share your startup story with us. Technext Newsletter

d.light Frequently Asked Questions (FAQ)

  • When was d.light founded?

    d.light was founded in 2006.

  • Where is d.light's headquarters?

    d.light's headquarters is located at 600 California Street, San Francisco.

  • What is d.light's latest funding round?

    d.light's latest funding round is Line of Credit.

  • How much did d.light raise?

    d.light raised a total of $352.37M.

  • Who are the investors of d.light?

    Investors of d.light include SunFunder, FMO, PTA Bank, Finnish Fund for Industrial Cooperation, Norfund and 28 more.

  • Who are d.light's competitors?

    Competitors of d.light include Infinitum Electric, VoltaGrid, Enexor BioEnergy, Mainspring Energy, Yotta and 14 more.

Compare d.light to Competitors

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VoltaGrid

VoltaGrid is an advanced energy management and generation company that develops a platform to provide power, energy storage, and emissions reductions for the pressure pumping, remote mining, utility, and distributed generation industries. The company's AI platform provides live emissions tracking, asset carbon intensity, automated back-office management, and ESG reporting on a centralized database. The company was founded in 2020 and is based in Bellaire, Texas.

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Instagrid

Instagrid specializes in the development of portable battery storages, offering users a mobile power supply for people working at temporary locations.

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Infinitum Electric

Infinitum Electric is a renewable energy company that specializes in sustainability, cleantech, generator, and motor technology industries. It specializes in manufacturing lightweight and IoT-enabled electric motors. The company was formerly known as Fanergies. Infinitum Electric was founded in 2016 and is based in Round Rock, Texas.

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Xendee

Xendee develops software that helps planners and investors validate the technical and financial performance of microgrids with confidence. Xendee serves government and private entities. Xendee was founded in 2018 and is based in San Diego, California.

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SparkMeter

SparkMeter offers low-cost metering solutions for everything from rural micro-grids to existing urban central grid utilities. The company's products help make access to electricity possible in hard-to-reach places and underserved markets.

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