CrossBoundary Energy

Operating

CrossBoundary Energy offers fully financed, customized clean energy solutions for business.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$285M
disclosed
Last round
$40M
Venture
Rounds
6
since 2022
Investors
7
on record
Employees
51-200

About CrossBoundary Energy

CrossBoundary Energy is a leading developer, owner, and operator of distributed renewable energy solutions for businesses, providing cheaper and cleaner energy through power purchase and lease agreements. CrossBoundary Energy is currently delivering a portfolio of over US$400 million of solar renewable energy assets for clients including Unilever, Diageo, Rio Tinto, Heineken, and AB InBev.

CrossBoundary Energy is a member company of the CrossBoundary Group, a mission-driven investment firm founded in 2011 and committed to unlocking the power of capital for sustainable growth and strong returns in underserved markets.

CrossBoundary Energy funding6 rounds

All 6 rounds →

CrossBoundary Energy has raised $285M across 6 disclosed rounds. The latest is a $40M Venture announced 19 Aug 2025, led by Impact Fund Denmark.

Capital growthrunning total of disclosed rounds
  1. $15MDebt FinancingDebt Financing, $15M, $15M raised to date
  2. $10MPrivate EquityPrivate Equity, $10M, $25M raised to date
  3. $40MPrivate EquityPrivate Equity, $40M, $65M raised to date
  4. $140MDebt FinancingDebt Financing, $140M, $205M raised to date
  5. $40MPrivate EquityPrivate Equity, $40M, $245M raised to date
  6. $40MVentureVenture, $40M, $285M raised to date

SLA Funding Index · grey is capital raised before each round

Who has invested in CrossBoundary Energy

AnnouncedRoundLead · investorsAmount
19 Aug 2025CrossBoundary Energy VentureImpact Fund Denmark$40M
23 Jan 2025CrossBoundary Energy Private EquityNorfund$40M
02 Dec 2024CrossBoundary Energy Debt FinancingStandard Bank$140M
14 Jul 2022CrossBoundary Energy Private EquityNorfund +1$40M
15 Jun 2022CrossBoundary Energy Private EquityARCH Emerging Markets Partners$10M
15 Jun 2022CrossBoundary Energy Debt FinancingMicrosoft Climate Innovation Fund +1$15M

CrossBoundary Energy founders & team

Full team →

CrossBoundary Energy competitorssame sector · similar funding

More Energy startups in Kenya

  • Plexus Energy Limited

    Plexus Energy is Kenya's leading power continuity solutions provider organized to deliver green energy products and solutions. · Kenya

  • KOKO Networks

    KOKO replaces demand for charcoal through supplying bioethanol cooking fuel distributed through a dense network of high-tech KOKO Fuel ATMs. · Kenya

  • Ariya Finergy

    Ariya Finergy is providing seamless integration of power systems to commercial and industrial (C&I) clients across East Africa. · Kenya

  • Giraffe Bioenergy

    Giraffe Bioenergy is a Kenya-based clean energy startup transforming cassava into ethanol cooking fuel. · Kenya

  • Sun King

    Sun King designs, distributes and finances Sun King solar home energy solutions to households and businesses who lack reliable access to the grid. · Kenya

  • d.light

    d.light is an international Energy startup that serves people without access to reliable electricity. · Kenya

All 23 Energy startups in Kenya

Frequently asked about CrossBoundary Energy

Where is CrossBoundary Energy based and when was it founded?
CrossBoundary Energy is headquartered in Nairobi, Kenya and was founded in 2022.
How much funding has CrossBoundary Energy raised?
CrossBoundary Energy has raised $285M across 6 disclosed rounds. Its latest, a $40M Venture, was announced on Aug 19, 2025.
Who has invested in CrossBoundary Energy?
Backers include Impact Fund Denmark, Norfund, Standard Bank, KLP Norfund Investments and 3 others.
What sector is CrossBoundary Energy in?
CrossBoundary Energy operates in Energy, Renewable Energy and Power.