Founded in 2016 and based in Brussels, Electrification Financing Initiative (ElectriFI) is a well-known venture capital firm that focuses on funding projects that increase access to affordable and sustainable energy services in rural and under-served areas. With a track record of 2 percentage points higher exit commitment compared to other organizations, ElectriFI typically invests in rounds with 2-3 participants, ranging from $5-10 million. Not limited to its own funding, ElectriFI often co-invests with other notable sponsors such as Energy Access Ventures, Aster, and Triodos Investment Management. The fund has a preference for startups in the social entrepreneurship and solar sectors, and its portfolio includes successful investments in companies like PEG and Sistema Biobolsa.