Simusolar
OperatingSimusolar is focused on creating solar-powered products that have a direct and significant impact on productivity.
- AgriTech
- Dar Es Salaam, Tanzania
- Grant
- Founded 2014
- simusolar.com ↗
- Total raised
- $870K
- disclosed
- Last round
- Grant
- Rounds
- 6
- since 2014
- Employees
- 51-200
About Simusolar
Simusolar is focused on creating solar-powered products that have a direct and significant impact on productivity. We identified how to deliver clean-energy powered equipment to off-grid communities, and also how to deliver these products so that they are affordable to smallholder agribusinesses.
Simusolar provides and finances accessible, affordable, and energy-efficient equipment designed for off-grid businesses in Sub-Saharan Africa. Our systems are designed to meet the needs of rural smallholders, from equipment specifications to innovative financing terms. Our goal is to enable rural smallholder farmers and fishers to achieve their vision, affordably and sustainably.
-We envision laborers that don’t have to migrate to cities for a better quality of life. -We envision rural communities that do not depend entirely on rainfall to ensure reliable food and income. -We envision economies that are sustainable, equitable, and inspiring to all.
Simusolar funding6 rounds
All 6 rounds →Simusolar has raised $870K across 6 disclosed rounds. The latest is a Grant announced 15 Nov 2022.
Who has invested in Simusolar
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 15 Nov 2022 | Simusolar Grant15 Nov 2022Lead not disclosed | Lead not disclosed | Not disclosed |
| 25 Mar 2019 | Simusolar Venture25 Mar 2019 Led by Acumen | Not disclosed |
Showing 2 of 6 rounds. A free account shows up to 4 rounds; Pro shows all of them. Create free account
Simusolar founders & team
- Vaibhav VaidyaCTO
- Michael KuntzCo-CEO
Showing 2 team members. A free account shows up to 4 team members; Pro shows all of them. Create free account
Simusolar competitorssame sector · similar funding
- HelloSolarAddis Ababa, Ethiopia
- Solarbox AfricaDakar, Senegal
More AgriTech startups in Tanzania
- KCG Aquatec Fish Farming
KCG Aquatec Fish Farming is a Tanzanian AgTech startup that provides aquaculture infrastructure to help fish farmers grow sustainably. · Tanzania
- iSpear Africa
IoT and analytics for farms and businesses in Tanzania, tracking units, revenue and customers in one place. · Tanzania
- Biobuu
Tanzanian company turning organic waste into compost, alternative fuels and low-carbon materials. · Tanzania
- Nyika Innovations
Tanzanian tech company building AgriLink Africa, a marketplace for farmers, buyers and agricultural service providers. · Tanzania
- Aatif Aquaponics
Climate-smart farm in Zanzibar growing horticulture crops with hydroponic and aquaponic methods. · Tanzania
- Ecofy Africa
Farm assistant app that helps Tanzanian smallholders plan seasons, follow farm tasks and keep records. · Tanzania
Frequently asked about Simusolar
- Where is Simusolar based and when was it founded?
- Simusolar is headquartered in Dar Es Salaam, Tanzania and was founded in 2014.
- Who is the CEO of Simusolar?
- Michael Kuntz is Simusolar's Co-CEO.
- How much funding has Simusolar raised?
- Simusolar has raised $870K across 6 funding rounds. Its latest, a Grant, was announced on 15 Nov 2022.
- Who has invested in Simusolar?
- Backers include GSMA Innovation Fund and Acumen.
- What sector is Simusolar in?
- Simusolar operates in AgriTech, Agriculture and Finance.
