Tech Company Financing Transactions
Off Grid Electric Funding Round
On 10/23/2015, Off Grid Electric landed $25 million in Series C funding from DBL Investors, Omidyar Network and Serious Change.
Transaction Overview
Company Name
Announced On
10/23/2015
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series C
Investors
Proceeds Purpose
The funds will be used to enter its second African market, Rwanda, and to continue to scale up its partnership with the Tanzanian government to power 1 million homes by 2017.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Plot no. 44 Block 3 Sekei-Faida St.
Arusha, CA 23100
Tanzania
Arusha, CA 23100
Tanzania
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Our mission is to power the world with clean, transformative energy in the next decade. We've created a distributed solar model, known locally as M-POWER, to provide electricity to each and every household in the off-grid world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Xavier Helgesen
Chief Financial Officer
Bill Lenihan
Chief Information Officer
Thor Muller
Chief Operating Officer
Erica Mackey
Chief Technical Officer
Joshua Pierce
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