WeLight
Company

Last deal

$17.1M
Local Amount - EUR 19.M

Amount

Venture - Series Unknown

Stage

20.01.2023

Date

2

all rounds

$17.6M

Total amount

General

About Company
WeLight provides sustainable and accessible energy solutions to rural areas in Africa.

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founded date

01.01.2018

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company combines mini-grids and renewable energy to provide competitive and tailored electricity to rural customers, encouraging sustainable energy use. WeLight partners with technology companies to produce renewable energy through photovoltaic, hydroelectric, or biomass production, with a preference for photovoltaic solar energy storage due to its proven performance, autonomy, and cost-effectiveness in Subsaharan Africa. The company aims to make a significant economic and social impact by serving the most vulnerable populations and promoting sustainable growth through its operational expertise and innovative technologies.
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