arnergy
About arnergy
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.
Business Information
Location
Lagos , Lagos , Nigeria Africa
Target Customers
Industry Categories
Business Model
Funding Timeline
| Round | Date | Amount | Investors |
|---|---|---|---|
| Series B | Apr 22, 2025 | $18.0M | Unknown |
| Series B | Apr 19, 2025 | $15.0M | Breakthrough Energy Ventures, BII, Norfund +2 more |
Founders
No founder information available.
Investors
All On
Venture Capital
BII
Development Finance Institution
Breakthrough Energy Ventures
Venture Capital
CardinalStone
Private Equity
Norfund
Development Finance Institution
Recent Mentions
๐๐ฎ๐ป ๐ฆ๐ผ๐น๐ฎ๐ฟ ๐ฃ๐ผ๐๐ฒ๐ฟ ๐ข๐๐๐๐ต๐ถ๐ป๐ฒ ๐๐ผ๐๐๐ถ๐น ๐๐๐ฒ๐น ๐๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ผ๐ฟ๐ ๐ถ๐ป ๐ก๐ถ๐ด๐ฒ๐ฟ๐ถ๐ฎ? ๐๐ฟ๐ป๐ฒ๐ฟ๐ด๐, a leading Nigerian solar company, has raised $18 million in Series B funding to scale its lease-to-own solar solutions nationwide. Amid fuel subsidy https://t.co/eOtmbtLLZP
Two months before Arnergy, a Nigerian solar energy startup, raised an additional $15 million in April 2025 to complete its $18 million Series B round, current and former employees received an email outlining how to sell their shares back to the company. https://t.co/n25eA2A9yN
Arnergy raised $15M to close its $18M Series B. Then made its employees millionaires by letting them cash out their shares. Hereโs how a Nigerian solar startup pulled off a rare liquidity event: https://t.co/8wtdBaYb4n
Similar Startups
No similar startups found.
Other Data Sources
7Exa Startup Data
Apr 21, 2025Twitter Startup Data
Apr 20, 2025Twitter Startup Data
Apr 20, 2025Twitter Startup Data
Apr 20, 2025Twitter Startup Data
Apr 20, 2025Twitter Startup Data
Apr 20, 2025Twitter Startup Data
Apr 20, 2025Exa Enrichment History
1Fields Updated
Enrichment Details
- Funding
- Arnergy raised $3M in funding.
- Competitors
- Main competitors include other solar power providers in Nigeria.
- Enrichment History
-
- {'updated_at': '2025-04-24T23:09:26.370438', 'fields_updated': {'competitors': True, 'funding': True}, 'query_used': 'arnergy website:https://arnergy.com/ Renewable Energy, Clean Technology, Solar Energy company business model funding', '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/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/2016/06/06/miso/