Kofa closes $8.1mln pre-series a round to expand energy access in Urban Africa

Kofa closes $8.1mln pre-series a round to expand energy access in Urban Africa

Kofa is leading the charge in driving a large-scale shift toward a sustainable, cost-effective, and locally impactful clean energy future for Africa

Ghanaian Kofa Raises $8.1M To Expand Clean Energy Across Africa

Ghana-based energy tech company, Kofa, has secured $8.1 million in a pre-Series A funding round to expand its battery-swapping network across urban Africa. The funding round was led by E3 Capital and Injaro Investment Advisors, with support from the Shell Foundation and the UK Government’s Transforming Energy Access platform (TEA). European investor Richard Thwaites, founder of Penso Power, also participated. The funding will help Kofa grow into…

Kofa Raises $8.1 Million to Expand AI-Powered Battery Network Across Urban Africa - Techish Kenya

Kofa raises $8.1M to expand its AI-driven battery network in Ghana and Kenya, reshaping urban energy access in Africa.

Ghanaian Startup Kofa Secures $8.1M To Grow Its Battery-Swapping Infrastructure

The Ghanaian energy tech company has secured $8.1 million in a pre-Series A funding round led by E3 Capital and Injaro Investment Advisors.

Kofa Energy Secures $8.1M Investment for Expansion in East & West Africa - Afric Info

Source link : https://afric.news/2025/04/30/ghanas-kofa-energy-secures-8-1m-to-fuel-expansion-across-east-and-west-africa/ Author : AfricNews Publish date : 2025-04-30 19:19:00 Copyright for syndicated content belongs to the linked Source.

Kofa Closes $8.1 Million Pre-Series A Round to Expand Energy Access in Urban Africa

Kofa, leading technology-driven energy company and end-to-end ecosystem enabler, has closed an $8.1 million pre-Series A funding round. The investment, comprising $3.25 million in equity, $4.315 million in debt, and $590,000 in grants, will fuel the company’s expansion and supercharge its AI-powered battery-swapping network, delivering reliable, clean energy solutions to urban Africa, starting in Ghana and Kenya. The round was co-led by E3 Capit…