Our innovative technology platform enables financing and monetization of distributed microgrids by reducing costs and stabilizing investment risk. A cloud-based software application and proprietary smart meter are the core of our platform, which automates account management tasks, remotely monitors and controls microgrid operations, and runs real-time data analytics.
Customers prepay for electricity through mobile money networks and gain access to an affordable electricity supply that can power small appliances and income generating equipment in addition to lights and mobile phone chargers.
Powerhive equips investors, project developers, and electricity providers with the tools necessary to deploy sustainable off-grid energy solutions in communities far beyond the reach of grid infrastructure.
Please visit powerhive.com/careers for career opportunities.
Customers prepay for electricity through mobile money networks and gain access to an affordable electricity supply that can power small appliances and income generating equipment in addition to lights and mobile phone chargers.
Powerhive equips investors, project developers, and electricity providers with the tools necessary to deploy sustainable off-grid energy solutions in communities far beyond the reach of grid infrastructure.
Please visit powerhive.com/careers for career opportunities.
Location: Kenya, Nairobi
Employees: 51-200
Total raised: $29.3M
Founded date: 2011
Investors 4
| Date | Name | Website |
| - | TO.org | to.org |
| - | Caterpilla... | caterpilla... |
| - | Pi Investm... | pi-investm... |
| - | TotalEnerg... | ventures.t... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 09.07.2019 | Series B | $9.3M | - |
| 25.01.2016 | Series A | $20M | - |
Mentions in press and media 9
| Date | Title | Description |
| 10.07.2019 | Daily funding roundup - July 10th, 2019 | Dataform landed $2M; Unibuddy closed $5M; Anvyl has secured $9.M; Stratasan raised $26M Dataform: Dataform manages data pipelines in data warehouse. Dataform has raised $2 million led by LocalGlobe. Read more Qualified: Qualified is the mos... |
| 09.07.2019 | Powerhive Closes US$9.3M Series B Funding | Powerhive, a Berkeley, CA-based energy solutions and technology provider for emerging markets, closed an US$9.3m Series B round of funding. Backers included Toyota Tsusho Corporation (Toyota Tsusho), a general trading company and a member o... |
| 11.10.2018 | SA startup The Sun Exchange announces $500k investment from Alphabit [Updated] | SA startup The Sun Exchange, a blockchain-based solar micro-leasing marketplace, announced today that it had received a $500,000 seed investment from Alphabit, a multi-million-dollar US hedge fund. The hedge fund, which invests in companie... |
| 11.10.2018 | SA startup The Sun Exchange announces $500k investment from Alphabit [Updated] | SA startup The Sun Exchange, a blockchain-based solar micro-leasing marketplace, announced today that it had received a $500,000 seed investment from Alphabit, a multi-million-dollar US hedge fund. The hedge fund, which invests in companies... |
| 19.07.2018 | Sun Exchange, Powerhive to provide energy access for 175 000 Kenyans | Cape Town based solar micro-leasing marketplace Sun Exchange has partnered with US-based rural mini-grid solutions provider Powerhive to use the crypto-economy to fund energy access for 175 000 people in rural Kenya. The partnership, which ... |
| 19.07.2018 | Sun Exchange, Powerhive to provide energy access for 175 000 Kenyans | Cape Town based solar micro-leasing marketplace Sun Exchange has partnered with US-based rural mini-grid solutions provider Powerhive to use the crypto-economy to fund energy access for 175 000 people in rural Kenya. The partnership, which... |
| 12.06.2017 | Meet the Startups in the Prince-Inspired Green Tech Accelerator and Incubator Programs | A little more than a year ago, the world lost one of its most talented and influential musicians. Prince was an icon in so many different senses, changing the way people look at everything from fashion to the guitar. And while many will rem... |
| 26.01.2016 | Powerhive Secures $20M Series A Financing | BERKELEY, CA, Powerhive, an energy solutions provider for emerging markets announced today that the company has closed a $20M Series A financing round. >> Click here for more funding data on Powerhive >> To export Powerhive ... |
| 25.01.2016 | Powerhive Raises $20M in Series A Funding | Powerhive, a Berkeley, California-based energy solutions provider for emerging markets, raised $20m in Series A funding. The round was led by Prelude Ventures with participation from Caterpillar Ventures, Total Energy Ventures, Tao Capital ... |