KarmSolar

KarmSolar Debt Financing

Funding Round
KarmSolarOctober 23, 20223y ago

Amount Raised

$2.4M

Date Announced

Oct 23, 2022

3y ago

Disclosed Investors

1

1 lead

Linked Sources

1

KarmSolar Debt Financing round record, dated Oct 23, 2022, amount listed $2.4M, 1 disclosed investor.

Notes

Ahmed Zahran, KarmSolar’s Co-Founder and CEO, said, “Egypt’s first financed solar battery PPA project is a monumental step for the renewable energy sector in the region, and we are delighted to partner with QNB ALAHLI on this project.”

Disclosed Investors (1)
Lead Investor
Record Details
Date announced
October 23, 2022
Round
Debt Financing
Amount raised
$2,397,000
Local currency
EGP 47,000,000
Pre-money valuation
Post-money valuation
Disclosed investors
1
Lead investors
1
Linked sources
1