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Beacon Power Services
Chicago, US · Founded 2010 · Delaware corporation · 241 employees on LinkedIn · 10 known investors
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Beacon Power Services provides grid network management and energy consumption solutions for utilities and consumers across Africa, offering platforms for operational optimization and renewable energy integration.
Founders & leadership
Beacon Power Services was founded in 2010 by ABIMBOLA ADISA.
Board
Investors · 10
How we know: Global Brain's portfolio page · Not right? Tell us
How we know: Oridun Capital Management's portfolio page · afrotech.com · Not right? Tell us
How we know: Partech Ventures's portfolio page · a partner's Signal profile · board seat on SEC Form D · Not right? Tell us
How we know: Seedstars Africa Ventures's portfolio page · afrotech.com · Not right? Tell us
How we know: funding news · Not right? Tell us
How we know: afrotech.com · Not right? Tell us
Also in the syndicate · 2
Funding
SEC filings, press & company announcements$32.5M disclosed across 4 rounds · 2022–2024
- $2.7Mseed roundAug 2022 · 2 sources
Seedstars Africa Ventures (lead), Factor[e], Kepple Africa Ventures, Oridun Capital Management, Persistent Energy
Source ↗
▶$8.1MraisedDec 2024 · 22 investors · Other EnergyRule 506(b)
- Yung Bong LimDirector
- Yemi AdegokeExecutive Officer
- ANTIGHA OTU ANTIGHAExecutive Officer
- Elizabeth Biney-AmissahDirector
- FEMI OLUYIDEDirector
- Maxime BouanDirector
- CHRISTINE ADEJOROOLUWAExecutive Officer
- ABIMBOLA ADISAExecutive Officer, Director
- SENYO ADUExecutive Officer
- Offering amount
- $8.1M
- Amount sold
- $8.1M
- Minimum investment
- $10K
- Proceeds to insiders
- $1.1M
- First sale
- Aug 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$20.7MraisedDec 2024 · 9 investors · Other EnergyRule 506(b)
- YEMI ADEGOKEExecutive Officer
- Cyril CollonDirector
- SENYO ADUExecutive Officer
- Maxime BouanDirector
- ANTIGHA OTU ANTIGHAExecutive Officer
- Yung Bong LimDirector
- Elizabeth Biney-AmissahDirector
- CHRISTINE ADEJOROOLUWAExecutive Officer
- ABIMBOLA ADISAExecutive Officer, Director
- Offering amount
- $20.7M
- Amount sold
- $20.7M
- Minimum investment
- $50K
- Sales commissions
- $971K
- Proceeds to insiders
- $14M
- Placement agents
- Clermount Ltd
- First sale
- Aug 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$983.7KraisedDec 2024 · 5 investors · Other EnergyRule 506(b)
- YUNG BONG LIMDirector
- Maxime BouanDirector
- SENYO ADUExecutive Officer
- CHRISTINE ADEJOROOLUWAExecutive Officer
- ANTIGHA OTU ANTIGHAExecutive Officer
- YEMI ADEGOKEExecutive Officer
- FEMI OLUYIDEDirector
- ABIMBOLA ADISAExecutive Officer, Director
- Elizabeth Biney-AmissahDirector
- Offering amount
- $983.7K
- Amount sold
- $983.7K
- Minimum investment
- $65K
- Proceeds to insiders
- $764.5K
- First sale
- Aug 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does Beacon Power Services do?
- Beacon Power Services provides grid network management and energy consumption solutions for utilities and consumers across Africa, offering platforms for operational optimization and renewable energy integration.
- Who founded Beacon Power Services?
- Beacon Power Services was founded by ABIMBOLA ADISA in 2010.
- Who are Beacon Power Services's investors?
- Beacon Power Services's investors include Global Brain, His Fund, Oridun Capital Management, Partech Ventures, Seedstars Africa Ventures, Symbiotics, Factor[e] Ventures, Kepple Africa Ventures.
- How much funding has Beacon Power Services raised?
- Beacon Power Services has disclosed $32.5M raised across 4 rounds.
- Where is Beacon Power Services headquartered?
- Beacon Power Services is headquartered in Chicago, US.