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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

d.light funding and investors

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

Lead investors
16
Largest round
$300M
Average round
$37.1M
disclosed rounds
Round cadence
5 mo
average gap
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

d.light funding rounds23 · newest first

  1. Receivables Financing$300M

    02 Jul 2025

  2. GrantUndisclosed

    28 Apr 2025 · led by Rural Electrification Agency

  3. Debt Financing$176M

    17 Jul 2024 · led by African Frontier Capital

  4. Grant$3.4M

    15 May 2024

  5. Debt Financing$7.4M

    21 Feb 2024 · led by Chapel Hill Denham

  6. Debt Financing$30M

    14 Aug 2023 · led by Trade and Development Bank -TDB

  7. Debt Financing$30M

    13 Aug 2023 · led by Trade and Development Bank -TDB

  8. Venture$1.9M

    14 Apr 2023 · led by Swedfund International

  9. Debt Financing$50M

    22 Jul 2022

  10. Venture$7M

    14 Mar 2022 · led by Finnfund (Finnish Fund for Industrial Cooperation Ltd.)

  11. Venture$15M

    22 Oct 2021 · led by Inspired Evolution Investment Management

  12. Private Equity$10M

    26 May 2021 · led by Proparco

  13. Debt Financing$10M

    10 Jan 2020

  14. Debt Financing$5M

    24 Oct 2019

  15. Debt Financing$18M

    01 Jul 2019

  16. Series E$41M

    18 Dec 2018 · led by Inspired Evolution Investment Management

  17. Debt Financing$50M

    13 Apr 2018

  18. Debt Financing$25M

    27 Mar 2018 · led by European Investment Bank

  19. Grant$5.5M

    16 Jan 2017 · led by Beyond the Grid

  20. Debt Financing$7.5M

    31 Oct 2016 · led by Developing World Markets

  21. Debt Financing$2.5M

    21 Sep 2016 · led by SunFunder

  22. Grant$5M

    21 Sep 2016

  23. Series D$15M

    21 Sep 2016 · led by Energy Access Ventures

Investors in d.light32 · leads first

InvestorRoleFirst
Inspired Evolution Investment ManagementVenture CapitalLead in all 2Dec 2018
Trade and Development Bank -TDBImpact InvestorLead in all 2Aug 2023
SunFunderPrivate EquityLead in 1 of 4Sep 2016
NorfundPrivate EquityLead in 1 of 3Jan 2017
Swedfund InternationalVenture CapitalLead in 1 of 3Dec 2018
KawiSafi VenturesVenture CapitalLead in 1 of 2Sep 2016
Shell FoundationImpact InvestorLead in 1 of 2Sep 2016
Developing World MarketsPrivate EquityLead in 1 of 2Oct 2016
European Investment BankPrivate EquityLead in 1 of 2Mar 2018
African Frontier CapitalVenture CapitalLead in 1 of 2Jul 2024
Energy Access VenturesVenture CapitalLeadSep 2016
Beyond the GridPrivate EquityLeadJan 2017
ProparcoVenture CapitalLeadMay 2021
Finnfund (Finnish Fund for Industrial Cooperation Ltd.)Private EquityLeadMar 2022
Chapel Hill DenhamPrivate EquityLeadFeb 2024
Rural Electrification AgencyVenture CapitalLeadApr 2025
FMOImpact InvestorParticipantDec 2018
SIMA FundsPrivate EquityParticipantApr 2018
MirovaImpact InvestorParticipantJul 2022
AsterPrivate EquityParticipantSep 2016
NewQuest Capital PartnersVenture CapitalParticipantSep 2016
Omidyar NetworkVenture CapitalParticipantSep 2016
UNCDFVenture CapitalParticipantSep 2016
United States Agency for International DevelopmentImpact InvestorParticipantSep 2016
responsAbilityImpact InvestorParticipantApr 2018
Ford FoundationImpact InvestorParticipantOct 2019
OPIC - Overseas Private Investment CorporationCorporate Venture CapitalParticipantOct 2019
Lion’s Head Global PartnersVenture CapitalParticipantJan 2020
Nithio HoldingsVenture CapitalParticipantJul 2022
Trade and Development BankImpact InvestorParticipantJul 2022
Private Sector Foundation UgandaImpact InvestorParticipantMay 2024
Energising DevelopmentImpact InvestorParticipantMay 2024

Frequently asked about d.light

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.

Profile updated Source: SLA Startup IndexHow we count →