Gaia’s investee Nuru closes over $40m of equity funding to drive metrogrid scaling in the Democratic Republic of the Congo
Nuru Closes over $40m of Equity Funding to Drive Metrogrid Scaling in the Democratic Republic of the Congo Goma, Democratic Republic of Congo – July 3, 2023 Nuru, one of Africa’s pioneering renewable energy-powered metrogrid companies, has announced the successful close of …
Gaia co-led Agros’ pre-Series A with Schneider Electric Energy Access Asia, alongside Wavemaker Impact, Silverstrand Capital and Circle Capital
SINGAPORE, March 14, 2023 – Agros, a Singapore-headquartered agritech startup, has raised US$2.7 million in a pre-Series A funding round led by Gaia Impact Fund and Schneider Electric Energy Access Asia. Seed round investor Wavemaker Impact continued to support Agros and invested …
Gaia Impact Fund continues to offset its carbon footprint
Through its activities, Gaia Impact Fund is acting to make its mark in the realization of several Sustainable Development Goals (SDG). To be fully coherent with the Fund’s Values and present a net zero carbon activity, Gaia Impact Fund chose to invest …
MyJouleBox, a leading West African solar operator, secures EUR 3m Series A round to boost growth in core markets
EDFI ElectriFI invested a total of EUR 1.5m split (under the Benin Country Window funded by the European Union) for EUR 500,000 into equity alongside Gaia Impact Fund and for EUR 1m into convertible notes together with Triodos Investment Management. Paris, 22 …
Gaia Impact Fund strengthens its partnership with candi, a leading C&I solar power provider in India and South Africa
Paris, 23 June 2021 – Gaia Impact Fund announces a strengthening of its partnership with portfolio company candi, with an additional USD 1m investment and the appointment of Hélène Demaegdt to the Board of Directors. Combining the best of its Swiss roots …
Innovex closes an equity investment with Gaia Impact Fund, a VC fund dedicated to renewable energy entrepreneurs
Douglas & David, Innovex co-founders at main office in Kampala KAMPALA, UGANDA – Innovex, a Uganda-based startup enabling pay-as-you-go and remote monitoring for solar companies, closed a Series Seed Round with an equity investment from Gaia Impact Fund. Innovex is a technology …
Sunkofa, a mini-grid developer and operator, secures first equity funding raise with Gaia Impact Fund
Sunkofa Energy develops and operates solar mini-grids, aiming at giving access to energy to inhabitants in Africa living in off grid areas. Sunkofa Energy focuses on in-house operations, customer management, demand stimulation activities and training of local talents, targeting to provide people …
Gaia Impact Fund announces a milestone equity investment in Nuru, a minigrid developer and operator in the Democratic Republic of Congo (DRC)
“Nuru is thrilled to be partnering with Gaia Impact Fund to bring millions of people renewable energy in the Democratic Republic of Congo”, says Jonathan Shaw, CEO of Nuru. Nuru, which recently commissioned a 1.3MW minigrid in Goma, DRC, aims to provide …
Gaia Impact Fund deepens its partnership with Hybrid Social Solutions, in the Philippines
The Energy access fund Gaia Impact Fund announced that it has deepened its partnership with Hybrid Social Solutions, by investing in this leading solar products distributor in the Philippines. Hybrid Social Solutions (HSSi) and Gaia Impact Fund began working together in 2016 with a first investment that enabled HSSi to expand its distribution network on several islands of the …
Gaia Impact Fund announces new investment in French company Mascara NT
The company Mascara NT, which markets its products under the name Mascara Renewable Waters, was created in 2014. One of its founder, Marc Vergnet, is also the company director of Vergnet, a wind turbine manufacturer, and VERGNET HYDRO, a hydraulic pump manufacturer, …
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