Twitter: @oolu_global
Location: Senegal, Dakar Region, Dakar
Employees: 201-500
Phone: +221 33 860 79 81
Total raised: $8.5M
Founded date: 2015
Investors 3
Funding Rounds 1
| Date | Series | Amount | Investors |
| 23.12.2020 | Series B | $8.5M | - |
Mentions in press and media 18
| Date | Title | Description |
| 23.12.2020 | West African solar startup secures $8.5-million | Senegal-based startup, Oolu has secured $8.5-milliom in a Series B round of investment led by RP Global, an independent renewable energy developer, and several additional investors namely; Persistent Energy Capital, Shell-seeded impact inve... |
| 23.12.2020 | Oolu raises $8.5m Series B round | Senegal: Launched in 2015, Oolu aims to provide affordable energy access to rural and peri-urban customers in West Africa. So far, it has sold over 60,000 solar home systems to customers across its five markets – Nigeria, Senegal, Mali, Bur... |
| 23.12.2020 | West African solar startup secures $8.5-million | Senegal-based startup, Oolu has secured $8.5-milliom in a Series B round of investment led by RP Global, an independent renewable energy developer, and several additional investors namely; Persistent Energy Capital, Shell-seeded impact inve... |
| 15.12.2020 | TechCabal Daily – Elektrisiteitsvoorsieningskommissie | 15 DEC, 2020 IN PARTNERSHIP WITH & Good morning.️ “Apologies for not responding to your email of 10 days ago, I couldn’t access my email.” A perfect response you can use courtesy of Yesterday’s Google glitch. A few hours before the worl... |
| 15.12.2020 | Senegalese-based solar energy startup, Oolu Solar, raises $8.5m Series B | With over 60,000 solar home systems sold in five African markets since launching in 2015, Senegalese-based solar energy startup, Oolu Solar, has raised $8.5m Series B for product development and expansion. |
| 15.12.2020 | Senegalese-based solar energy startup, Oolu Solar, raises $8.5m Series B | Share this article: Oolu, a Senegalese-based solar energy startup, has raised $8.5 million in Series B equity investment. The round was led by independent renewable energy developer, RP Global. Other investors that participated include Pers... |
| 07.10.2020 | Millionaire West African Startups: Nigerian investors are second only to the US in size and deals made | Share this article: Across Africa, continued interest in startups has significantly increased the amount of capital invested over the last five years. Last year, the continent achieved a major milestone, with Partech Africa reporting that 2... |
| 22.05.2019 | Can Nigeria’s tech community contribute to solving the country’s energy crisis? | Two weeks ago, I tried renewing energy credits online via my bank’s website. I got debited instantly and immediately proceeded to check if power was restored. It wasn’t and I didn’t receive a refund until a week later. Although in the past,... |
| 26.07.2018 | Fantastic Francophone African Startups And Where To Find Them | From Tunisia to Cameroon, startups in Africa’s french speaking region have already raised more than $6 million within the last one year. CoinAfrique and Oolu are leading the pack with each pocketing more than $3 million in funding. Founders... |
| 19.07.2018 | Africa’s Infrastructure Deficit & Its Impact On Innovation | Infrastructure is still a major headache in Africa, it was estimated that $90 billion will be required annually between 2016 – 2026 in order to close the gap relative to what’s obtainable in developed countries. Access to energy, affordable... |
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