Redavia
OperatingRedavia is an Africa-focused Solar Energy startup which provides pay-as-you-go solar power to businesses.
- Renewable Energy
- Accra, Ghana
- Debt Financing
- Founded 2010
- redaviasolar.com ↗
- Total raised
- $10.1M
- disclosed
- Last round
- $3.1M
- Debt Financing
- Rounds
- 5
- since 2010
- Investors
- 7
- on record
- Employees
- 11-50
About Redavia
REDAVIA is an industry leader in solar power. We provide solar farms to businesses and communities in West and East Africa. With a proven track record in cost-effective, reliable and clean energy, REDAVIA is committed to using solar energy as a key driver for sustainable development. The innovative REDAVIA pay-as-you-go system consists of a pre-configured Unit containing solar modules and electrical components. Once the Unit is on-site, our REDAVIA-trained, local specialists manage the installation, operations and maintenance of each solar farm. Our carbon neutral solution can be used to support existing power structures by supplementing the utility grid or on-site diesel generators. Through our flexible lease agreements with just a minimal upfront investment, our customers can reduce costs and increase their operational flexibility.
Redavia funding5 rounds
All 5 rounds →Redavia has raised $10.1M across 5 disclosed rounds. The latest is a $3.1M Debt Financing announced 25 Apr 2022.
- $2MDebt FinancingDebt Financing, $2M, $2M raised to date
- $2MVentureVenture, $2M, $4M raised to date
- $3MDebt FinancingDebt Financing, $3M, $7M raised to date
- $3.1MDebt FinancingDebt Financing, $3.1M, $10.1M raised to date
SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn
Who has invested in Redavia
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 25 Apr 2022 | Redavia Debt Financing | EDFI ElectriFI | $3.1M |
| 24 Sep 2021 | Redavia Debt Financing | TRINE +2 | $3M |
| 15 Apr 2021 | Redavia Debt Financing | TRINE | Not disclosed |
| 25 Jul 2019 | Redavia Venture | Lendahand +2 | $2M |
| 08 Jan 2019 | Redavia Debt Financing | Electrification Financing Initiative | $2M |
Redavia founders & team
Redavia competitorssame sector · similar funding
- Renewvia EnergyLagos, Nigeria
- Deevabits Green EnergyNairobi, Kenya
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Frequently asked about Redavia
- Where is Redavia based and when was it founded?
- Redavia is headquartered in Accra, Ghana and was founded in 2010.
- Who is the CEO of Redavia?
- Erwin Spolders is Redavia's CEO.
- How much funding has Redavia raised?
- Redavia has raised $10M across 5 disclosed rounds. Its latest, a $3.1M Debt Financing, was announced on Apr 25, 2022.
- Who has invested in Redavia?
- Backers include EDFI ElectriFI, TRINE, Lendahand, Alphamundi and 3 others.
- What sector is Redavia in?
- Redavia operates in Renewable Energy, Solar and Environmental Engineering.
