What sectors does CrossBoundary focus on?

CrossBoundary focuses on Cleantech, Climate Tech, Energy, Impact & Social Good.

Where is CrossBoundary located?

CrossBoundary is headquartered in Nairobi, KE.

Does CrossBoundary lead rounds?

CrossBoundary typically participates in rounds rather than leading them.

CrossBoundary

Impact investoroperating company · company profile

Nairobi · 4 people tracked

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Find your way into CrossBoundary

1,649 people in our graph share verified history with the CrossBoundary team — schools, employers, funds. One of them is your warm intro.

Nina Achadjianunlockedknows Aishat Raji · together at Google (overlapped)

×2knows the team · via TPG

knows the team · via University of Warwick

×3knows the team · via The London School of Economics and Political Science (LSE)

knows the team · via GE Capital

knows the team · via Guggenheim Partners

✨ Fox Verdict

Investment thesis

CrossBoundary Energy addresses the high cost and unreliability of grid electricity for enterprises in underserved markets by delivering fully financed, de-risked distributed renewable energy solutions. Part of the CrossBoundary Group founded in 2011 to unlock capital for underserved markets, it began with Africa's first LEED-certified mall in Nairobi and now operates a portfolio exceeding US$285M of solar, wind, and storage projects for major corporate clients. The firm applies blended finance to open new asset classes and views distributed renewables as central to a net-zero future, expanding its Africa-first expertise beyond the continent.

Invests inCleantech Climate Tech Energy Impact & Social Good Africa Australia Kenya Mauritius Nairobi Nigeria South Africa

Source: firm website, verified Aug 7, 2026.

Nairobi, KE

Leads rounds

Follows

Instruments

Equity

Founded

2011

Tracked investments

Team · 4 people

from curated

Stephen Murray· Managing Director· Brooklyn, New Yorkin 𝕏

Stephen Murray is Managing Director at CrossBoundary and an investor focused on frontier markets, financial inclusion, and remote connectivity. He has over a decade of experience overseeing investments, financial management, and strategic execution for portfolio companies in Sub-Saharan Africa, with broader background spanning the U.S., Africa, Asia, and the Middle East in investment, strategy, operations, banking, and policy analysis.

Aishat Raji· Principal & Co-Head Nigeria Advisory· Nigeriain

Investment Director at Factor[e] and Equator supporting climate technology and energy transition investments across Africa. Over 10 years in development finance and advisory, previously Head of Nigeria Advisory at CrossBoundary; CFA Charterholder.

Michelle Patrick-Akinrinade· Managing Director & Africa Investment Advisor· Nigeriain

Michelle Patrick-Akinrinade serves as Anglophone West Africa Investment Advisor at the U.S. International Development Finance Corporation and Managing Director at CrossBoundary. Her background includes credit analysis and ratings work at Moody's Investors Service, transaction management at GE Capital covering underwriting and portfolio monitoring, and investment banking experience in capital raising and mergers and acquisitions. She has worked across sectors including extraction, energy, financial services, telecommunications, healthcare, and agriculture.

Taryn Goodman Gallery· Senior Advisor· San Francisco, Californiain 𝕏

Taryn Goodman Gallery has an impact-first agtech perspective from launching a food/ag fund and leading food/ag strategy, plus on-farm insight from her Iowa corn and soybean farmer father-in-law.

Founder mafia

2 people who came through CrossBoundary went on to found or lead other companies.

Stephen MurrayManaging DirectorFounded Uniform Julian RowlandsAssociateFounded Cashboard

What they invest in

from 1 of 1 portfolio companies

AgTech ×1Circular Economy ×1Climate Tech ×1

HQs:Austria×1

Investments · 1 tracked

founders shown can be your intro path

Sonnenerdesonnenerde.at in

Sonnenerde produces soil products and substrates, including compost and terra preta-style earth, with a focus on natural gardening.

AgTechCircular EconomyClimate Tech

Co-investorsFSP Ventures Steyn Group

Portfolio news

latest coverage across their companies

Carbon markets are driving the biochar boom despite questionable climate claims - Geoengineering Monitor

Sonnenerde · geoengineeringmonitor.org · Apr 23, 2025

Frequently asked questions

What sectors does CrossBoundary focus on?: CrossBoundary focuses on Cleantech, Climate Tech, Energy, Impact & Social Good.
Where is CrossBoundary located?: CrossBoundary is headquartered in Nairobi, KE.
Does CrossBoundary lead rounds?: CrossBoundary typically participates in rounds rather than leading them.

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