Tech Company Financing Transactions
Okra Solar Funding Round
Okra Solar closed a $12 million Series A investment round on 9/6/2023. Investors included At One Ventures, Autodesk Foundation and FMO.
Transaction Overview
Company Name
Announced On
9/6/2023
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Proceeds Purpose
It brings solar power to grids in developing areas.The startup's flagship offering is a mesh-based solar solution that re-apportions excess energy based on proximity. That means rather than redirecting energy flow to a centralized area, it prioritizes neighboring homes. Okra says the solution increases efficiency while decreasing cost -- both are especially important in developing markets.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
39 Perry Street North Rocks
Sydney, New South Wales, 2151
AU
Sydney, New South Wales, 2151
AU
Phone
Undisclosed
Website
Email Address
Overview
We're on a journey to eradicate energy poverty and bring #PowerToThePeople. A world where everyone has the opportunity to learn, grow and push humanity forwards. To achieve this, we must firstly ensure that everyone has access to fundamental resources -- like electricity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Afnan Hannan
Chief Financial Officer
Carla Teixeira
Chief Operating Officer
Callum Yap
Co-Founder
Damian Veling
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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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