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
SHYFT Power Solutions funding and investors
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.
- Lead investors
- 2
- Largest round
- $3.1M
- Average round
- $2.1M
- disclosed rounds
- Round cadence
- 13 mo
- average gap
- $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
SHYFT Power Solutions funding rounds4 · newest first
- Seed$3.1M
05 May 2021 · led by SoftBank Vision Fund
- SeedUndisclosed
01 Sep 2020
- Seed$1.1M
01 Jul 2018
- VentureUndisclosed
19 Mar 2018
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 05 May 2021 | Seed | SoftBank Vision Fund · Total Carbon Neutrality Ventures, Lofty Inc, Samurai Ventures, Urban US Ventures | $3.1M |
| 01 Sep 2020 | Seed | Urban Us | Undisclosed |
| 01 Jul 2018 | Seed | Ameren Accelerator, Backstage Capital, Capital Factory, Powerhouse Ventures, Southwest Angel Network, Total, B Capital Group | $1.1M |
| 19 Mar 2018 | Venture | Total Carbon Neutrality Ventures | Undisclosed |
Investors in SHYFT Power Solutions13 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Total Carbon Neutrality VenturesVenture Capital | Lead in 1 of 2 | Venture, Seed | Mar 2018 |
| SoftBank Vision FundVenture Capital | Lead | Seed | May 2021 |
| Ameren AcceleratorAccelerator | Participant | Seed | Jul 2018 |
| Backstage CapitalVenture Capital | Participant | Seed | Jul 2018 |
| Capital FactoryVenture Capital | Participant | Seed | Jul 2018 |
| Powerhouse VenturesVenture Capital | Participant | Seed | Jul 2018 |
| Southwest Angel NetworkAngel Investor | Participant | Seed | Jul 2018 |
| TotalPrivate Equity | Participant | Seed | Jul 2018 |
| B Capital GroupVenture Capital | Participant | Seed | Jul 2018 |
| Urban UsVenture Capital | Participant | Seed | Sep 2020 |
| Lofty IncPrivate Equity | Participant | Seed | May 2021 |
| Samurai VenturesVenture Capital | Participant | Seed | May 2021 |
| Urban US VenturesVenture Capital | Participant | Seed | May 2021 |
Frequently asked about SHYFT Power Solutions
- 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.
Profile updated Source: SLA Startup IndexHow we count →
