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Innovex

Operating

Innovex is a Uganda-based startup enabling pay-as-you-go and remote monitoring for solar companies.

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Last round
Seed
Rounds
1
since 2015
Investors
1
listed
Employees
2-10

About Innovex

Innovex is disrupting the innovation space in Africa with its three interactive product and service suit. Remot an energy management system that is unlocking the potential of solar businesses, the Innovex certificate that has engaged over 350 youths since 2015 in practical skills training and the Innovex store that is enabling access to modern equipment and components for project prototyping and development: • Unlocking the potential of solar businesses: Remot, through our research and product development lab, we tackle Africa’s biggest challenges; energy being our biggest focus. Over the past 18 months, Remot our pioneering energy management solution has gone through market validation, market adoption and we are now scaling. • Product design and development training; The Innovex certificate. This is designed to nurture a special breed of African technological innovators. The graduates pass out as young technologists capable of contextually analysing Africa’s development challenges and developing appropriate technological hardware and software solutions. • Enabling access to modern equipment and components to build technological solutions through the Innovex store. To cater for the growing need of modern and more advanced electronics equipment and components, we have created partnerships with various manufacturers and distributors world over. Supported by the trainings, our store enables access to these components at the lowest market price.

Innovex funding1 round

The latest is a Seed announced 22 Jan 2021.

Who has invested in Innovex

RoundAmount
Innovex Seed22 Jan 2021Lead not disclosedNot disclosed

Innovex founders & team

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  • PaySmart

    Smart metering and utility billing for commercial landlords and tenants in South Africa and Eswatini. · South Africa

  • Mazi Mobility

    Battery swapping network for electric motorcycles across Nairobi, serving riders and e-mobility operators. · Kenya

  • Rana Energy

    Subscription-based solar energy systems with AI-driven management for SMEs and homes in Nigeria · Nigeria

  • AceleAfrica

    Nairobi company that designs and assembles lithium-ion battery storage, including second-life packs, for homes, businesses, mini-grids and e-mobility. · Kenya

  • EskomSePush

    South Africa's loadshedding and outage app with community reports for power, water and internet. · South Africa

  • Refuel

    Fuel management with IoT anti-theft monitoring, mobile refuelling and SARS diesel rebate reporting. · South Africa

Energy Services startups across Africa

Frequently asked about Innovex

Where is Innovex based and when was it founded?
Innovex is headquartered in Kampala, Uganda and was founded in 2015.
Who founded Innovex?
Founders listed for Innovex include David Tusubira (Co-Founder & CTO) and Douglas (K) Baguma (Founder and Managing Director).
How much funding has Innovex raised?
Innovex has raised 1 funding round; the amounts were not disclosed. Its latest, a Seed, was announced on 22 Jan 2021.
Who has invested in Innovex?
Backers include GAIA Impact Fund.
What sector is Innovex in?
Innovex operates in Energy Services, IoT and Renewables.