SF portfolio enterprise Sure Chill recently received recognition for its innovative cooling technology after winning the UK Eagle Lab Innovation category at the Barclays’ annual High-Growth & Entrepreneur Awards. The awards celebrate entrepreneurs’ success, leadership and positive impact on society. Sure Chill has developed and patented unique technology that enables cooling equipment to maintain a…
The Pay-as-you-go (PAYG) sector will be a critical component of reaching SDG7 – and requires appropriately-funded commercial enterprises to open entire new consumer markets. In this new report, SF and Persistent present learnings from their experience in venture building PAYG companies in multiple African markets, including a case study from SolarWorks! in Mozambique, where 20…
Key Facts Has electrified 350,000 households and small businesses globally 58% customers undertake more economic activities once connected, such as employment, entrepreneurship, or education Bboxx manufactures, distributes and finances decentralised solar powered systems in developing countries, scaling through forging strategic partnerships and its innovative technology Bboxx Pulse®, a comprehensive management platform using IoT technology. Through…
Highlights Over 11,450 fridges sold to UNICEF India and the Indian Ministry of Health in 2020/21 which played a crucial part in the vaccine rollout Established a local subsidiary in Kenya and have built a strong initial sales team there Sure Chill has developed and patented a unique cooling technology that enables cooling equipment to…
Orb manufactures, sells, installs and exports its own range of solar PV panels, rooftop solar systems and solar water heating systems in India, Kenya and the rest of Africa. They focus on Small and Medium-sized Enterprises (SMEs), a largely under-served part of the rooftop solar market. To enable SMEs to afford solar, they have set-up…
KEY FACTS Pioneer of the ‘pay-as-you-go’ business model for solar energy to off-grid homes More than 1 million off-grid customers across East Africa (>3.6m beneficiaries) Enabling customers to generate>$86m in income and $467m in savings by switching from kerosene to solar in 10 years Founded in 2011, M-KOPA was the first company to launch a…
key facts 82 million lives impacted globally through provision of PAYG products and services 50% of main workforce is female 400 last mile distribution partners around the world, including micro-finance institutions, regional retail wholesalers, NGOs and other social impact organisations Sun King designs, distributes and finances a wide range of affordable solar energy products, from…
Key facts The largest database on African households, with socio-economic, demographic and behavioural insights Delivers detailed insights for 50+ African countries down to 1×1 square kilometres Fraym is a geospatial data company that helps companies, organisations and government agencies map populations in Africa. By weaving together billions of data points from multiple sources, including surveys…
Highlights 1.6m stoves sold globally, saving 3.7m tonnes of CO2 emissions Stoves reduce biomass fuel usage by up to 60% when compared with open fires Envirofit is a global clean cookstove business that designs, produces and markets affordable stoves that significantly reduce emissions, fuel costs and cooking time for low-income customers. Their product range was…
key facts More than 16,000 rural entrepreneurs (mostly women) promoting socially impactful products and services Operates across 50,000 rural Indian villages in 13 states, reaching 10m+ households Nearly 45,000 clean energy products sold (such as cooking and lighting) Dharma Life builds and trains a network of entrepreneurs (mostly women) to provide socially impactful products and…