Lightrock launches $500M Accelerate7 fund, focuses on energy access in Southeast Asia

Lightrock Raises $500M Fund to Back Clean Energy Access in Emerging Markets

Private equity firm Lightrock has raised a new $500 million fund to back businesses expanding access to affordable, clean energy across Africa and Asia. The fund, named Accelerate7, has secured investment commitments from Equinor ASA, Shell Plc, TotalEnergies SE, and LGT Group, the private banking and asset management firm owned by Liechtenstein’s royal family. London-based Lightrock plans to invest between $10 million and $50 million in growth-…

Lightrock Raises USD 500 M Fund To Tackle Energy Poverty In Africa & Elsewhere

Lightrock has raised a USD 500 M fund, Accelerate7, to back growth-stage companies tackling energy poverty across Sub-Saharan Africa, South Asia, and Southeast Asia. The fund, supported by investors including Shell, TotalEnergies, Equinor, and LGT Group, will deploy USD 10–50 M tickets into businesses aligned with United Nations Sustainable Development Goal 7. Focus areas include electricity access, clean cooking, and enabling technologies like …

Lightrock launches $500M Accelerate7 fund, focuses on energy access in Southeast Asia

Lightrock, a London-based investment platform focusing on technology-enable companies, has launched its Accelerate7 fund, following the final close of a USD $500 million fund focused on businesses advancing United Nations Sustainable Development Goal 7 (UNSDG 7). In a statement last Friday, Lightrock said the fund aims to help access to affordable, reliable, sustainable, and modern energy. Accelerate7 will invest in growth-stage companies across…