Okra Solar
OperatingOkra Solar is a Pan-African Energ startup that enables solar generating communities to share and utilize more energy.
- Solar Energy
- Lagos, Nigeria
- Series A
- Founded 2016
- okrasolar.com ↗
- Total raised
- $18.6M
- disclosed
- Last round
- $4.2M
- Debt Financing
- Rounds
- 5
- since 2016
- Investors
- 11
- on record
- Employees
- 11-50
About Okra Solar
Launched in 2016, Okra Solar develops mesh-grid technology, composed of their proprietary Okra Pod and sold together with PV panels, battery, and inverters to electrify underserved or unserved communities.
Okra Solar funding5 rounds
All 5 rounds →Okra Solar has raised $18.6M across 5 disclosed rounds. The latest is a $7.8M Series A announced 04 Sep 2023, led by At One Ventures.
- $2.1MSeedSeed, $2.1M, $2.1M raised to date
- $4.5MVentureVenture, $4.5M, $6.6M raised to date
- $4.2MDebt FinancingDebt Financing, $4.2M, $10.8M raised to date
- $7.8MSeries ASeries A, $7.8M, $18.6M raised to date
SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn
Who has invested in Okra Solar
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 04 Sep 2023 | Okra Solar Series A | At One Ventures +4 | $7.8M |
| 04 Sep 2023 | Okra Solar Debt Financing | EDFI | $4.2M |
| 03 Jan 2023 | Okra Solar Venture | EDFI ElectriFI | $4.5M |
| 02 May 2022 | Okra Solar Seed | Explorer Investments +3 | $2.1M |
| 29 May 2020 | Okra Solar Corporate | Schneider Electric | Not disclosed |
Okra Solar founders & team
Full team →- Afnan HannanCo-Founder & CEO
- Carla TeixeiraCFO
- Callum YapCOO
Okra Solar competitorssame sector · similar funding
- Solar SisterLagos, Nigeria
- OoluOuakam, Senegal
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Frequently asked about Okra Solar
- Where is Okra Solar based and when was it founded?
- Okra Solar is headquartered in Lagos, Nigeria and was founded in 2016.
- Who founded Okra Solar?
- Okra Solar was founded by Afnan Hannan (Co-Founder & CEO).
- Who is the CEO of Okra Solar?
- Afnan Hannan is Okra Solar's Co-Founder & CEO.
- How much funding has Okra Solar raised?
- Okra Solar has raised $19M across 5 disclosed rounds. Its latest, a $7.9M Series A, was announced on Sep 04, 2023.
- Who has invested in Okra Solar?
- Backers include At One Ventures, FMO, Susquehanna Private Equity Investments LLLP, Autodesk Foundation and 7 others.
- What sector is Okra Solar in?
- Okra Solar operates in Solar Energy, Energy and Renewable Energy.
