First Electric
OperatingFirst Electric delivers scalable solar systems and mesh‑grid energy to homes, businesses, communities.
- Energy
- Lagos, Nigeria
- Debt Financing
- Founded 2019
- firstelectricco.com ↗
Are you the founder?
- Total raised
- $457K
- disclosed
- Last round
- $357K
- Debt Financing · Jun 2026
- Rounds
- 2
- since 2019
- Investors
- 1
- listed
- Employees
- 11-50
First Electric funding and investors
First Electric has raised $457K across 2 rounds. The latest is a $357K Debt Financing announced 03 Jun 2026.
- Largest round
- $357K
- Average round
- $229K
- disclosed rounds
- Round cadence
- 52 mo
- average gap
- $100KGrantGrant, $100K, $100K raised to date
- $357KDebt FinancingDebt Financing, $357K, $457K raised to date
SLA Funding Index · grey is capital raised before each round
First Electric funding rounds2 · newest first
- Debt Financing$357K03 Jun 2026Lead not disclosed
- Grant$100K21 Jan 2022
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 03 Jun 2026 | Debt Financing | Lead not disclosed | $357K |
| 21 Jan 2022 | Grant | Not disclosed | $100K |
Investors in First Electric1 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Private EquityPrivate Equity · Participant | Participant | Debt Financing | Jun 2026 |
Frequently asked about First Electric
- How much funding has First Electric raised?
- First Electric has raised $457K across 2 funding rounds. Its latest, a $357K Debt Financing, was announced on 03 Jun 2026.
- Who has invested in First Electric?
- Backers include Cascador.
Profile updated Source: SLA Startup IndexHow we count →
