SolarX Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 49

Employees

  • Latest Deal Type
  • Debt Refin.

  • Latest Deal Amount
  • $17.4M

  • Investors
  • 6

SolarX General Information

Description

Developer of a renewable energy platform intended to offer a one-stop shop for issues in the renewable energy field. The company's platform offers reliable, clean, and affordable energy and provides customizable solutions in engineering, procurement, installation, commissioning, and financial lease of renewable energy, enabling clients to use renewable energy and contribute toward sustainable living.

Contact Information

Website
www.solarx-africa.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Hamdallaye ACI 2000 BP
  • Niaréla
  • Bamako, E1566
  • Mali
+223 90
Primary Industry
Other Energy Services
Vertical(s)
CleanTech, Climate Tech
Corporate Office
  • Hamdallaye ACI 2000 BP
  • Niaréla
  • Bamako, E1566
  • Mali
+223 90

SolarX Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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SolarX Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Debt Refinancing 22-Nov-2025 $17.4M Completed Generating Revenue
2. Early Stage VC 25-Jan-2023 Completed Generating Revenue
1. Early Stage VC (Series A) 30-May-2020 $1.5M $1.5M Completed Startup
To view SolarX’s complete valuation and funding history, request access »

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SolarX Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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SolarX Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Building Prospect Fund Corporation Minority
FMO Entrepreneurial Development Bank Impact Investing Minority
Proparco Fund of Funds Minority
Aster Capital Venture Capital Minority
British International Investment Impact Investing Minority
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SolarX FAQs

  • When was SolarX founded?

    SolarX was founded in 2020.

  • Where is SolarX headquartered?

    SolarX is headquartered in Bamako, Mali.

  • What is the size of SolarX?

    SolarX has 49 total employees.

  • What industry is SolarX in?

    SolarX’s primary industry is Other Energy Services.

  • Is SolarX a private or public company?

    SolarX is a Private company.

  • What is SolarX’s current revenue?

    The current revenue for SolarX is .

  • How much funding has SolarX raised over time?

    SolarX has raised $32.8M.

  • Who are SolarX’s investors?

    Building Prospect Fund, FMO Entrepreneurial Development Bank, Proparco, Aster Capital, and British International Investment are 5 of 6 investors who have invested in SolarX.

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