Fundraising Fox

Nuru

Goma, CD · 11 known investors

Find your way into Nuru

Nuru builds and operates solar-based mini-grids to provide electricity in the Democratic Republic of Congo, including a 1.3MW solar hybrid site in Goma described as the largest off-grid mini-grid in sub-Saharan Africa. The company serves Congolese communities with additional sites in Beni, Tadu, and Faradje.

CleantechEnergyImpact & Social Good

Founders & leadership

AL
Archip LoboinCo-Founder and Chief of operations at Nuru

Investors · 11

E3 CapitalNairobi
International Finance CorporationreportedWashington D.C. · $20M – $500M
ProparcoreportedParis

Also in the syndicate · 8

EDFI ElectriFIGlobal Energy Alliance for People and Planet (GEAPP)International Finance Corporation (IFC)leadRenewable Energy Performance Platform (REPP)the GAIA Impact Fundthe Joseph Family Foundationthe Schmidt Family FoundationVoltalia

Funding

SEC filings, press & company announcements

$40M disclosed across 1 of 2 rounds · 2023

  • $40MSeries BJul 2023 · 5 sources

    E3 Capital (lead), International Finance Corporation (lead), International Finance Corporation (IFC) (lead), EDFI ElectriFI, Global Energy Alliance for People and Planet (GEAPP), Proparco, Renewable Energy Performance Platform (REPP), the GAIA Impact Fund, the Joseph Family Foundation, the Schmidt Family Foundation, Voltalia

    Source ↗
  • Undisclosed amountSeries BMar 2023

    E3 Capital, Proparco, Renewable Energy Performance Platform (REPP)

    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Nuru raises $40 million in a Series B equity fundingfullygreen.africa · Jul 2023DRC energy firm Nuru obtains US$40 million in latest round of funding - PV Techpv-tech.org · Jul 2023Nuru Raises $40 Million in Funding for Microgrid Solutions - Mercom Capital Groupmercomcapital.com · Jul 2023Funding and M&A Roundup: Microgrid Solutions Provider Nuru Raises $40 Million - Mercom Capital Groupmercomcapital.com · Jul 2023Nuru Closes $40+ Million Equity Funding To Drive Metrogrid Scaling In Congo - CleanTechnicacleantechnica.com · Jul 2023The Democratic Republic of the Congo energy startup Nuru gets $1.5 million in funding - Tech In Africatechinafrica.com · Mar 2023

Frequently asked questions

What does Nuru do?
Nuru builds and operates solar-based mini-grids to provide electricity in the Democratic Republic of Congo, including a 1.3MW solar hybrid site in Goma described as the largest off-grid mini-grid in sub-Saharan Africa. The company serves Congolese communities with additional sites in Beni, Tadu, and Faradje.
Who founded Nuru?
Nuru was founded by Archip Lobo.
Who are Nuru's investors?
Nuru's investors include E3 Capital, International Finance Corporation, Proparco.
How much funding has Nuru raised?
Nuru has disclosed $40M raised across 1 of its 2 known rounds.
Where is Nuru headquartered?
Nuru is headquartered in Goma, CD.