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Zola Electric

zolaelectric.com

Founded Year

2012

Stage

Debt - IV | Alive

Total Raised

$273M

Last Raised

$45M | 1 yr ago

About Zola Electric

Zola Electric is a scalable off-grid electric company. The company provides clean, affordable and transformative energy directly to households that lack access to reliable electricity. OGE's solar as a service model removes risk for customers, offering the latest in solar technology for less than or equal to a customer's average energy spend.

Headquarters Location

Kleine-Gartmanplantsoen 21

Amsterdam, 1017 RP,

Netherlands

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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.

Zola Electric named as Leader among 11 other companies, including Mainspring Energy, Xendee, and Yotta.

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Research containing Zola Electric

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Zola Electric in 1 CB Insights research brief, most recently on Oct 18, 2021.

Expert Collections containing Zola Electric

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

Zola Electric 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.

Zola Electric Patents

Zola Electric has filed 3 patents.

The 3 most popular patent topics include:

  • Diagrams
  • Electric power distribution
  • Electrical engineering
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/15/2019

5/4/2021

Graphical projections, Technical drawing, Roadsters, Light machine guns, Cephalopod zootomy

Grant

Application Date

11/15/2019

Grant Date

5/4/2021

Title

Related Topics

Graphical projections, Technical drawing, Roadsters, Light machine guns, Cephalopod zootomy

Status

Grant

Latest Zola Electric News

ZOLA Electric Appoints Former Google CIO to its Board

Jan 26, 2023

You Might Be Interested In Ben was Chief Information Officer at Google from 2008 to 2022, where he led a team of thousands of engineers, created a new vision for IT and used Google’s product engineering disciplines to build breakthrough solutions to Enterprise problems. From 2014-2022, Ben was also Google’s New York site lead, the company’s largest site outside the Bay Area, which grew from 5,000 to 14,000 under Ben’s leadership. According to Bill Lenihan, CEO of ZOLA Electric: “We are thrilled to have Ben join ZOLA’s Board of Directors. Ben’s technological achievements are significant – from overseeing the creation and launch of Google Meet, to deploying one of the first and largest zero-trust network architectures, BeyondCorp. His exceptional skills and experience in bringing enterprise technology solutions to market, digital transformation, and building and leading highly innovative technology organizations will be hugely valuable to ZOLA and for our mission.” Founded in 2011, ZOLA Electric’s mission is to improve Energy Access and Energy Equality for the 3.0 billion people worldwide who lack access to affordable, reliable energy. ZOLA’s world-first energy technology platform is adaptable, modular, market-leading, and purpose-built to meet the unique energy needs of emerging markets. Today, Zola operates in over ten countries, in four continents – powering and impacting over 2.0 million customers via the deployment of over 385,000 energy solutions. “ZOLA aims to fill the ‘white space’ in the Energy Access industry landscape, by the development of our world-first Enterprise energy technology platform – which is purpose-built to bring reliable, affordable and clean power to 3 billion people and hundreds of millions of schools, clinics, farms and business that lack it. This is one of the world’s great problems, and we look forward to Ben joining the mission to solve it,” added Bill Lenihan. Previously, Ben spent 13 years at Morgan Stanley – the multinational financial services company – as a Managing Director, where he designed and built the firm’s e-commerce and intranet architecture and infrastructure. Ben’s track record and proven leadership in strategy, technology and innovation will materially assist ZOLA in its rapid expansion, and complement ZOLA’s impact-driven mission – to develop enterprise technology solutions to deliver Energy Equality worldwide. Ben’s appointment will significantly strengthen ZOLA’s capacity to develop world-class distributed energy systems, offering a decarbonized, decentralized and digitized primary power solution to the global Energy Access problem. “I am delighted to be joining the Board of ZOLA Electric as one of the leading technology companies today in the Energy Access space. I am particularly impressed by the sophisticated architecture of ZOLA’s unique energy technology platform and the innovative technology solutions it is deploying to drive away Energy Inequality across the globe. I look forward to contributing to the continuation of ZOLA’s success, both as a company and of its mission to improve Energy Equality for millions worldwide.” said Ben Fried, Board member at ZOLA Electric. Ben was recently appointed as a Venture Partner at Rally Ventures – which invests exclusively in early-stage business technology companies, focusing on entrepreneurs creating major new markets or bringing transformative approaches to existing ones. He is an editorial Board member for the Association for Computing Machinery (ACM) and Queue magazine; a member of the Board of Visitors at Columbia University Fu School of Engineering; and Co-chair of Columbia University President’s Council on Data & Society. Ben’s appointment follows ZOLA’s recent announcement of its launch of the world’s first distributed mini-grid in Rwanda, in partnership with META (formerly Facebook), the Shell Foundation, USAID and Endev. The ground-breaking project deploys ZOLA INFINITY boxes to power over 1,000 homes and businesses in two villages in rural Gakagati via a decentralised, modular and scalable energy and storage system; a significant milestone for the company and further demonstration of ZOLA’s technological leadership in the Energy Access space. You Might Be Interested In

Zola Electric Frequently Asked Questions (FAQ)

  • When was Zola Electric founded?

    Zola Electric was founded in 2012.

  • Where is Zola Electric's headquarters?

    Zola Electric's headquarters is located at Kleine-Gartmanplantsoen 21, Amsterdam.

  • What is Zola Electric's latest funding round?

    Zola Electric's latest funding round is Debt - IV.

  • How much did Zola Electric raise?

    Zola Electric raised a total of $273M.

  • Who are the investors of Zola Electric?

    Investors of Zola Electric include Cercano Management, Helios Investment Partners, DBL Partners, TotalEnergies Ventures, FMO and 15 more.

  • Who are Zola Electric's competitors?

    Competitors of Zola Electric include Okra , Infinitum Electric, VoltaGrid, Enexor BioEnergy, Mainspring Energy and 14 more.

Compare Zola Electric to Competitors

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Qnergy

Qnergy is an energy technology company that develops and manufactures high-efficiency Stirling-based power generation systems for residential, commercial, and industrial installations. A spin-off of Ricor Cryogenic and Vacuum Systems, Qnergy's Stirling technology has been successfully deployed in power systems for more than 40 years. With facilities in the United States and Israel, Qnergy offers a broad array of energy solutions including micro-combined heat and power (micro-CHP) for gas and bio-mass applications, Remote Power generation for Oil and Gas Upstream and Midstream applications and Bio Gas power generation, and more.

V
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.

Instagrid Logo
Instagrid

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

d.light Logo
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.

I
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.

Xendee Logo
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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