How much did Kofa raise in its Debt Financing?

$4.3M, announced on 30 April 2025.

Who led Kofa's Debt Financing?

Transforming Energy Access and Shell Foundation led the round.

Who invested in Kofa's Debt Financing?

2 investors are named for this round: Transforming Energy Access (lead) and Shell Foundation (lead).

Funding roundDebt Financing

Kofa Debt Financing

Kofa raised $4.3M in a Debt Financing led by Transforming Energy Access and Shell Foundation. It was announced on 30 April 2025.

View Kofa →

1 sourceSource: SLA Funding IndexHow we verify →

Amount raised: $4.3M; USD
Announced: 30 Apr 2025; 1 year ago
Investors: 2; 2 lead

Investors in Kofa's Debt Financing2

Leads

Transforming Energy Access
LeadProfile of Transforming Energy Access →
Shell Foundation
Impact Investor
LeadProfile of Shell Foundation →

About this round

According to Erik Nygard CEO and Founder of Kofa, “This funding validates our vision to transform urban Africa’s energy landscape; and we are committed to building the ecosystem necessary to make this a reality. The shift to cleaner energy, for both domestic and commercial use, goes beyond sustainability – it drives real economic impact but for this transition to succeed, several key elements must come together”.

Sources for this round1

techmoran.comhttps://techmoran.com/2025/04/30/kofa-raises-8-1-million-to-expand-its-swappable-battery-network-across-cities-in-ghana-and-kenya/

Frequently asked about Kofa's Debt Financing

How much did Kofa raise in its Debt Financing?: $4.3M, announced on 30 April 2025.
Who led Kofa's Debt Financing?: Transforming Energy Access and Shell Foundation led the round.
Who invested in Kofa's Debt Financing?: 2 investors are named for this round: Transforming Energy Access (lead) and Shell Foundation (lead).