StageAcquired | Acquired
On June 20th, 2022, SunFunder was acquired by Mirova. The terms of the transaction were not disclosed. SunFunder is a solar finance business that connects investors to high-impact solar projects that improve the lives of low-income communities in Africa, Asia, and Latin America. The company raises and aggregates capital to finance solar projects from both non-accredited investors on their web platform SunFunder.com and directly from accredited and institutional investors through their Solar Empowerment Fund (SEF) note issuances. Its focus is on providing short-term, working capital and project finance loans for solar lighting, phone charging, micro-grids, and commercial solar projects. The company was founded in 2012 and is based in Nairobi, Kenya.
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Expert Collections containing SunFunder
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
SunFunder is included in 2 Expert Collections, including Renewable Energy.
This collection contains upstream and downstream solar companies, as well as those who manufacture and sell products that are powered by solar technology.
Latest SunFunder News
Oct 14, 2022
ImpactAlpha, October 14 — The year has seen an uptick in impact mergers and acquisitions, including Mirova’s purchase of SunFunder to expand clean ... The post ImpactAlpha Deal Spotlight: Impact M&A appeared first on ImpactAlpha.
SunFunder Frequently Asked Questions (FAQ)
When was SunFunder founded?
SunFunder was founded in 2012.
Where is SunFunder's headquarters?
SunFunder's headquarters is located at Workify, 11th floor, Nairobi.
What is SunFunder's latest funding round?
SunFunder's latest funding round is Acquired.
How much did SunFunder raise?
SunFunder raised a total of $52.37M.
Who are the investors of SunFunder?
Investors of SunFunder include Mirova, Overseas Private Investment Corporation, Khosla Impact, Aster Capital, Better Ventures and 4 more.
Who are SunFunder's competitors?
Competitors of SunFunder include TRINE and 3 more.
Compare SunFunder to Competitors
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Potentia Renewables is an independent rooftop solar business in Canada that owns and operates installations at a number of commercial, institutional, and industrial sites. Along with rooftop Solar, Potentia is also developing a number of wind energy projects.
Akeena Solar is one of the largest installers of residential and commercial solar power systems in California.
SPG Holdings is comprised of SPG Solar, Inc., and Thompson Technologies Industries, Inc. SPG Solar, Inc. is a proven leader in the financing, design and installation of photovoltaic power systems. With over 1,300 grid-connected PV systems in service throughout the Western United States and a senior staff with decades of experience in electrical engineering, construction and project development, SPG Solar aims to provide its customers with the very best in solar technology and professional design-build services. TTI is a worldwide leader in the design and manufacturing of solar photovoltaic (PV) products. Founded by experienced building contractors and solar installers, TTI develops and builds its products for ease of use, elegance in design, and quality and longevity in performance.
Pioneer Valley PhotoVoltaics (PV Squared) designs, installs, and maintains solar energy systems for residential, commercial and institutional customers. The firm aims to increase the use of clean, renewable energy resources in the northeast states. Solar power can help meet the company's energy needs without adverse environmental impacts. The company's solar energy system installations are carefully designed to meet or exceed local and state building requirements. PV Squared constantly seeks ways to ensure that solar electricity and hot water systems are affordable. Most of the company's customers qualify for price subsidies and tax benefits. Customers directly benefit from the company's expertise in finding and securing cost-saving rebate incentives and the company's knowledge of state and federal tax benefits.
Citizenre is developing renewable energy infrastructure. Through project development and strategic alliances, Citizenre is aiming to be a photovoltaic manufacturer, a photovoltaic system installer, and an owner/operator of PV generating assets.
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