Solar Panda
OperatingProviding accessible solar power to African communities through flexible payment solutions.
- Social Enterprise
- Nairobi, Kenya
- Series A
- Founded 2017
- solarpanda.com ↗
- Total raised
- $11M
- disclosed
- Last round
- $8M
- Series A
- Rounds
- 2
- since 2017
- Investors
- 3
- on record
- Employees
- 11-50
About Solar Panda
Solar Panda is a social enterprise that offers affordable and sustainable solar power solutions to communities in Africa. Using a rent-to-own model with flexible payment options, Solar Panda enables families and small businesses to access clean energy easily. Their solutions include lamps, mobile phone charging, a radio, a flashlight, and portable lanterns with a quality guarantee. Customers can upgrade to more appliances as they build their credit history with Solar Panda.
Solar Panda funding2 rounds
All 2 rounds →Solar Panda has raised $11M across 2 disclosed rounds. The latest is a $8M Series A announced 06 Jul 2022, led by Oikocredit International.
- $3MDebt FinancingDebt Financing, $3M, $3M raised to date
- $8MSeries ASeries A, $8M, $11M raised to date
SLA Funding Index · grey is capital raised before each round
Who has invested in Solar Panda
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 06 Jul 2022 | Solar Panda Series A | Oikocredit International +1 | $8M |
| 09 Sep 2020 | Solar Panda Debt Financing | Lion’s Head Global Partners | $3M |
Solar Panda founders & team
- Andy KeithCEO
Solar Panda competitorssame sector · similar funding
- Jackfruit NetworkNairobi, Kenya
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Frequently asked about Solar Panda
- Where is Solar Panda based and when was it founded?
- Solar Panda is headquartered in Nairobi, Kenya and was founded in 2017.
- Who is the CEO of Solar Panda?
- Andy Keith is Solar Panda's CEO.
- How much funding has Solar Panda raised?
- Solar Panda has raised $11M across 2 disclosed rounds. Its latest, a $8M Series A, was announced on Jul 06, 2022.
- Who has invested in Solar Panda?
- Backers include Oikocredit International, European Development Finance Institutions and Lion’s Head Global Partners.
- What sector is Solar Panda in?
- Solar Panda operates in Social Enterprise.
