Innovex logo

Innovex

Operating

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

Updated Source: SLA Startup IndexHow we verify →
Last round
Seed
Rounds
1
since 2015
Investors
1
on record
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

AnnouncedRoundLead · investorsAmount
22 Jan 2021Innovex SeedGAIA Impact FundNot disclosed

Innovex founders & team

  • ELDO

    Eldo delivers affordable, sustainable energy solutions for businesses, property owners, and households. · South Africa

  • EnergyLucid

    The future is bright · Nigeria

  • OnePower

    OnePower operates solar mini‑grids, powering households and businesses while enabling productive‑use services. · Lesotho

  • Escotel

    ESCOTEL is an energy services startup which aims at owning and operating decentralised renewable energy infrastructure across Africa. · Mauritius

  • Baobab+

    Baobab+ is a solar home systems social enterprise firm operating in West Africa and Madagascar. · Nigeria

  • ICE Commercial Power

    ICE Solar delivers affordable solar‑battery energy solutions to Nigerian SMEs. · Nigeria

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?
Innovex was founded by David Tusubira (Chief Technology Officer & Co-founder) 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 Jan 22, 2021.
Who has invested in Innovex?
Backers include GAIA Impact Fund.
What sector is Innovex in?
Innovex operates in Energy services, IoT and Renewables.