How much funding have Utilities startups in Africa raised?

Utilities startups in Africa have raised $163.5M in disclosed funding.

Who invests in Utilities startups in Africa?

AUC Venture Lab has backed 1 Utilities startup, followed by Ayady for Investment and Development (1) and Cathexis Ventures (1).

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Utilities Startups in Africa

StartupList Africa tracks 7 Utilities startups across Africa, which have raised $163.5M in disclosed funding. Egypt has the most, with 3, followed by South Africa (2) and Nigeria (1).

Updated 7 Oct 2026

Tracked Companies

Avg. Deal Size

$16.3M

Active Startups

Total Funding

$163.5M

Avg. Growth

Utilities companies

6 companies in this sector

Submit startup

Company	Tagline	Total Funding	Last Round	Team Size	Backers
ELDO South Africa	Eldo delivers affordable, sustainable energy solutions for businesses, property owners, and households.	-	Seed -	11-50	No Data
Wetility South Africa	Wetility enables you smartly generate solar power on your rooftop, then seamlessly store, release and monitor clean energy to your home or business.	$76M	Debt Financing -	51-200	No Data
Beacon Power Services Nigeria	Beacon Power Services is a leading provider of energy management software and analytics for utilities and mini grid operators across Africa.	$33M	Debt Financing -	11-50	No Data
KarmSolar Egypt	KarmSolar is Egypt's largest private solar utility company	$30M	Debt Financing -	51-200	No Data
Pylon Egypt	Pylon is a comprehensive utility management platform powering millions of smart meters in some of the world’s largest emerging markets.	$19M	Seed -	51-200	No Data
Sahl Egypt	Sahl is a mobile bill payment app that uses NFC technology to allow users pay bills for utility services.	$6M	Series A -	51-200	No Data

Utilities startups by country

Utilities startups in Egypt3

Top Utilities investors in Africa

AUC Venture Labbacked 1
Ayady for Investment and Developmentbacked 1
Cathexis Venturesbacked 1
Clermountbacked 1
Delta Electronic Systemsbacked 1
EDF Renewable Energybacked 1

Utilities startups: quick facts

How many Utilities startups are there in Africa?: StartupList Africa tracks 7 Utilities startups across Africa.
How much funding have Utilities startups in Africa raised?: Utilities startups in Africa have raised $163.5M in disclosed funding.
Which African countries have the most Utilities startups?: Egypt has the most, with 3, followed by South Africa (2) and Nigeria (1).
Who invests in Utilities startups in Africa?: AUC Venture Lab has backed 1 Utilities startup, followed by Ayady for Investment and Development (1) and Cathexis Ventures (1).