SHYFT Power Solutions
OperatingSHYFT Power Solutions is a Nigerian IoT and data-driven software firm for distributed energy resource performance and operational efficiency.
- Big Data
- Lagos, Nigeria
- Seed
- Founded 2016
- shyftpower.com ↗
- Total raised
- $4.2M
- disclosed
- Last round
- $3.1M
- Seed
- Rounds
- 4
- since 2016
- Investors
- 13
- on record
- Employees
- 2-10
About SHYFT Power Solutions
SHYFT Power Solutions is a Nigerian IoT and data-driven software firm for distributed energy resource performance and operational efficiency. Every company is on a mission. At SHYFT Power Solutions, we're on a mission to ensure that clean, reliable and affordable energy solutions can scale and sustainably meet demand. We build IoT and integrated software solutions to optimize energy asset performance (that's solar, battery, grid and/or generator systems) and help our customers, renewable energy companies, facility managers and real estate developers improve operational efficiency while at it. With over 3,000kW of energy assets being managed by SHYFT technology in emerging markets like Nigeria, we're a catalyst for the energy transition. Are you ready to join us on our mission?
SHYFT Power Solutions funding4 rounds
All 4 rounds →SHYFT Power Solutions has raised $4.2M across 4 disclosed rounds. The latest is a $3.1M Seed announced 05 May 2021, led by SoftBank Vision Fund.
- $1.1MSeedSeed, $1.1M, $1.1M raised to date
- $3.1MSeedSeed, $3.1M, $4.2M raised to date
SLA Funding Index · grey is capital raised before each round · 2 undisclosed rounds not drawn
Who has invested in SHYFT Power Solutions
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 05 May 2021 | SHYFT Power Solutions Seed | SoftBank Vision Fund +4 | $3.1M |
| 01 Sep 2020 | SHYFT Power Solutions Seed | Urban Us | Not disclosed |
| 01 Jul 2018 | SHYFT Power Solutions Seed | Ameren Accelerator +6 | $1.1M |
| 19 Mar 2018 | SHYFT Power Solutions Venture | Total Carbon Neutrality Ventures | Not disclosed |
SHYFT Power Solutions founders & team
- Cole Stites ClaytonCo-Founder & CTO
- Ugwem EneyoCo-Founder & CEO
SHYFT Power Solutions competitorssame sector · similar funding
- First ElectricLagos, Nigeria
- Salpha EnergyLagos, Nigeria
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Frequently asked about SHYFT Power Solutions
- Where is SHYFT Power Solutions based and when was it founded?
- SHYFT Power Solutions is headquartered in Lagos, Nigeria and was founded in 2016.
- Who founded SHYFT Power Solutions?
- SHYFT Power Solutions was founded by Cole Stites Clayton (Co-Founder & CTO) and Ugwem Eneyo (Co-Founder & CEO).
- Who is the CEO of SHYFT Power Solutions?
- Ugwem Eneyo is SHYFT Power Solutions' Co-Founder & CEO.
- How much funding has SHYFT Power Solutions raised?
- SHYFT Power Solutions has raised $4.2M across 4 disclosed rounds. Its latest, a $3.1M Seed, was announced on May 05, 2021.
- Who has invested in SHYFT Power Solutions?
- Backers include SoftBank Vision Fund, Total Carbon Neutrality Ventures, Lofty Inc, Samurai Ventures and 9 others.
- What sector is SHYFT Power Solutions in?
- SHYFT Power Solutions operates in Big Data, Software and Energy.
