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d.light

Operating

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

Updated Source: SLA Startup IndexHow we verify →
Total raised
$815M
disclosed
Last round
$300M
Receivables Financing
Rounds
23
since 2007
Investors
32
on record
Employees
201-500

About d.light

d.light is a global leader and pioneer in delivering affordable solar-powered solutions designed for the two billion people in the developing world without access to reliable energy. d.light provides distributed solar energy solutions for households and small businesses that are transforming the way people all over the world use and pay for energy. Through four hubs in Africa, China, South Asia and the United States, d.light has sold over 20 million solar light and power products in 70 countries, improving the lives of over 100 million people. d.light is dedicated to providing the most reliable, affordable and accessible solar lighting and power systems for the developing world.

d.light funding23 rounds

All 23 rounds →

d.light has raised $815M across 23 disclosed rounds. The latest is a $300M Receivables Financing announced 02 Jul 2025.

Capital growthrunning total of disclosed rounds
  1. $15MSeries DSeries D, $15M, $15M raised to date
  2. $5MGrantGrant, $5M, $20M raised to date
  3. $2.5MDebt FinancingDebt Financing, $2.5M, $22.5M raised to date
  4. $7.5MDebt FinancingDebt Financing, $7.5M, $30M raised to date
  5. $5.5MGrantGrant, $5.5M, $35.5M raised to date
  6. $25MDebt FinancingDebt Financing, $25M, $60.5M raised to date
  7. $50MDebt FinancingDebt Financing, $50M, $111M raised to date
  8. $41MSeries ESeries E, $41M, $152M raised to date
  9. $18MDebt FinancingDebt Financing, $18M, $170M raised to date
  10. $5MDebt FinancingDebt Financing, $5M, $175M raised to date
  11. $10MDebt FinancingDebt Financing, $10M, $185M raised to date
  12. $10MPrivate EquityPrivate Equity, $10M, $195M raised to date
  13. $15MVentureVenture, $15M, $210M raised to date
  14. $7MVentureVenture, $7M, $217M raised to date
  15. $50MDebt FinancingDebt Financing, $50M, $267M raised to date
  16. $1.9MVentureVenture, $1.9M, $268M raised to date
  17. $30MDebt FinancingDebt Financing, $30M, $298M raised to date
  18. $30MDebt FinancingDebt Financing, $30M, $328M raised to date
  19. $7.4MDebt FinancingDebt Financing, $7.4M, $336M raised to date
  20. $3.4MGrantGrant, $3.4M, $339M raised to date
  21. $176MDebt FinancingDebt Financing, $176M, $515M raised to date
  22. $300MReceivables FinancingReceivables Financing, $300M, $815M raised to date

SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn

Who has invested in d.light

AnnouncedRoundLead · investorsAmount
02 Jul 2025d.light Receivables FinancingMirova +1$300M
28 Apr 2025d.light GrantRural Electrification AgencyNot disclosed
17 Jul 2024d.light Debt FinancingAfrican Frontier Capital$176M
15 May 2024d.light GrantPrivate Sector Foundation Uganda +1$3.4M
21 Feb 2024d.light Debt FinancingChapel Hill Denham$7.4M
14 Aug 2023d.light Debt FinancingTrade and Development Bank -TDB$30M
13 Aug 2023d.light Debt FinancingTrade and Development Bank -TDB$30M
14 Apr 2023d.light VentureSwedfund International$1.9M
22 Jul 2022d.light Debt FinancingFMO +4$50M
14 Mar 2022d.light VentureFinnfund (Finnish Fund for Industrial Cooperation Ltd.)$7M
22 Oct 2021d.light VentureInspired Evolution Investment Management +4$15M
26 May 2021d.light Private EquityProparco$10M
10 Jan 2020d.light Debt FinancingLion’s Head Global Partners$10M
24 Oct 2019d.light Debt FinancingFord Foundation +1$5M
01 Jul 2019d.light Debt FinancingDeveloping World Markets +2$18M
18 Dec 2018d.light Series EInspired Evolution Investment Management +3$41M
13 Apr 2018d.light Debt FinancingEuropean Investment Bank +3$50M
27 Mar 2018d.light Debt FinancingEuropean Investment Bank$25M
16 Jan 2017d.light GrantBeyond the Grid +2$5.5M
31 Oct 2016d.light Debt FinancingDeveloping World Markets$7.5M
21 Sep 2016d.light Debt FinancingSunFunder$2.5M
21 Sep 2016d.light GrantShell Foundation +2$5M
21 Sep 2016d.light Series DEnergy Access Ventures +4$15M

d.light founders & team

Full team →

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Frequently asked about d.light

Where is d.light based and when was it founded?
d.light is headquartered in Nairobi, Kenya and was founded in 2007.
Who founded d.light?
d.light was founded by Sam Goldman (Co-Founder & President) and Ned Tozun (CEO & Founder).
Who is the CEO of d.light?
Ned Tozun is d.light's CEO & Founder.
How much funding has d.light raised?
d.light has raised $815M across 23 disclosed rounds. Its latest, a $300M Receivables Financing, was announced on Jul 02, 2025.
Who has invested in d.light?
Backers include Mirova, African Frontier Capital, Rural Electrification Agency, Private Sector Foundation Uganda and 28 others.
What sector is d.light in?
d.light operates in Energy, Renewable Energy and Solar.