Series B Round
Funding Details
Arnergy is a renewable energy and clean tech company offering sustainable solar solutions tailored to address pressing energy needs and deliver reliable 24/7 electricity, primarily targeting small businesses in Nigeria. The funding will be used to expand solar access and accelerate the transition to renewable energy in the region. This funding round is expected to enhance Arnergy's capacity to deliver innovative solar products, including their lease-to-own offering, Z Lite. The investment will also support the company's efforts to increase its market presence and improve energy access for underserved communities.
Confidence Score
Participating Investors
Breakthrough Energy Ventures is an investment firm dedicated to financing, launching, and scaling companies that aim to eliminate greenhouse gas emiss...
British International Investment is the UK's development finance institution, focused on sustainable investments that drive economic growth and create...
Norfund is the Norwegian Investment Fund for Developing Countries, established to promote sustainable business development and job creation in develop...
All On is a venture capital firm focused on investing in innovative startups that are driving change in their respective industries, particularly in t...
CardinalStone Partners Limited is a full-service investment banking firm and financial services company focused on providing unrivalled investment ins...
Related Tweets
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Other Data Sources
1Exa Round Data
Apr 21, 2025Exa Enrichment History
1Fields Updated
Enrichment Details
- Amount
- 18.0
- Currency
- USD
- Announced Date
- 2025-04-19T13:08:03
- Startup
-
- Name: arnergy
- Description: Arnergy is a renewable energy and clean tech company offering sustainable solar solutions tailored to address pressing energy needs and deliver reliable 24/7 electricity, primarily targeting small businesses in Nigeria.
- Stage
- Series B
- Enrichment History
-
- {'updated_at': '2025-04-25T00:15:32.336861', 'fields_updated': {'amount': True, 'currency': True, 'announced_date': True, 'startup': True, 'stage': True}, 'query_used': 'arnergy Series B funding round investment valuation', 'sources_count': 5}
Source URLs
- https://techcrunch.com/2025/04/14/arnergy-to-expand-solar-access-in-nigeria-with-18m-series-b/
- https://techcrunch.com/2024/02/15/arnergy-which-provides-solar-power-systems-to-homes-and-businesses-in-nigeria-raises-3m/
- https://techcrunch.com/2025/04/18/startups-weekly-mixed-messages-from-venture-capital/
- https://techcrunch.com/2014/04/28/loverly-is-raising-2-5m-at-a-valuation-north-of-15m-sources-confirm/
- https://techcrunch.com/2022/04/10/fintech-roundup-fast-and-better-com-show-us-that-humility-is-an-underrated-ceo-trait/