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Standard Microgrid

Standard Microgrid
2016 FOUNDED
PRIVATE STATUS
Early Stage VC LATEST DEAL TYPE
$3.5M LATEST DEAL AMOUNT
3 INVESTORS
Description

Provider of distributed renewable energy services intended for rural communities in Zambia. The company provides clean, modern and affordable energy services for various types of appliances, thereby providing rural communities with access to sustainable energy at affordable prices.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Energy Infrastructure
Other Industries
Alternative Energy Equipment
Primary Office
  • Lusaka, Lusaka
  • Zambia
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Standard Microgrid Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC 08-Jun-2017 $3.5M 00.000 Completed Generating Revenue
2. Grant 08-Jun-2017 00000 0000 Completed Generating Revenue
1. Accelerator/Incubator 12-Jun-2016 $10K $10K Completed Startup
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Standard Microgrid Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Infraco Africa Impact Investing Minority 000 0000 000000 0
USTDA Government 000 0000 000000 0
Powerhouse Ventures (Oakland) Venture Capital Minority 000 0000 000000 0

Standard Microgrid Executive Team (3)

Name Title Board
Seat
Contact
Info
Brian Somers Co-Founder & Chief Executive Officer
Caleb Cunningham Co-Founder and Co-Chief Financial Officer
Matthew Alcock Co-Founder and Co-Chief Financial Officer