Fundraising FoxRensource
Lagos, NG · Founded 2019 · 11 known investors
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RenSource develops, finances and manages solar and hybrid energy systems for commercial and industrial businesses, including universities, hospitals and industrial facilities. It provides energy infrastructure, financing and asset management across Africa, with Nigeria as its largest operational market.
Founders & leadership
Rensource was founded in 2019 by Ademola Adesina.
Board
Investors · 11
How we know: Afrigreen Debt Impact Fund's portfolio page · Not right? Tell us
How we know: board seat on SEC Form D · funding news · vc4a.com · Not right? Tell us
How we know: techcabal.com · Not right? Tell us
How we know: funding news · vc4a.com · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: techcabal.com · Not right? Tell us
Also in the syndicate · 5
Funding
SEC filings, press & company announcements$4.3M disclosed across 2 of 5 rounds · 2018–2022
- Undisclosed amountBRIDGE FINANCING ROUNDJan 2018Source ↗
- Undisclosed amountbridge financingJan 2018
Amaya Capital Partners (lead), CRE Venture Capital, Omidyar Network, Sissili Limited
Source ↗ - $3.5MraisedJan 2018 · 2 sourcesSource ↗
▶$773.6KraisedMay 2022 · 7 investors · Other TechnologyRule 506(b)
- Baafour Out-BoatengDirector
- Pardon MakumbeDirector
- Jussi SavukoskiPromoter
- James EedesDirector
- Luis A. FariaDirector
- David LadipoDirector
- Prince OjeabuluExecutive Officer
- Ademola AdesinaDirector, Promoter
- Christopher FoyDirector
- Offering amount
- $1M
- Amount sold
- $773.6K
- First sale
- Apr 2022
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 2
Companies working in the same space as Rensource.
Frequently asked questions
- What does Rensource do?
- RenSource develops, finances and manages solar and hybrid energy systems for commercial and industrial businesses, including universities, hospitals and industrial facilities. It provides energy infrastructure, financing and asset management across Africa, with Nigeria as its largest operational market.
- Who founded Rensource?
- Rensource was founded by Ademola Adesina in 2019.
- Who are Rensource's investors?
- Rensource's investors include Afrigreen Debt Impact Fund, CRE Venture Capital, EDP Renewables, Omidyar Network, Playfair Capital, Proparco.
- How much funding has Rensource raised?
- Rensource has disclosed $4.3M raised across 2 of its 5 known rounds.
- Where is Rensource headquartered?
- Rensource is headquartered in Lagos, NG.