Solarbox (Automotive) Overview

  • Year Founded
  • 2022

Year Founded

  • Status
  • Private

  • Latest Deal Type
  • Early Stage VC

  • Latest Deal Amount
  • $1M

  • Investors
  • 8

Solarbox (Automotive) General Information

Description

Developer of a sustainable transportation and energy system designed to provide eco-friendly mobility and reduce energy costs in regions with limited electricity access. The company offers locally assembled utility electric vehicles and solar-powered charging stations, and offers sustainable design, assembly, charge, and battery swapping methods, as well as provides a heavy load carriage system, at no upfront cost, enabling drivers, fleet managers, owners, and logistic companies to lower transportation fuel expenses and improve energy accessibility.

Contact Information

Website
www.solarbox.energy
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Dakar
  • Senegal
Primary Industry
Automotive
Other Industries
Road
Logistics
Vertical(s)
CleanTech, Mobility Tech, Climate Tech
Corporate Office
  • Dakar
  • Senegal

Solarbox (Automotive) Timeline

2023202420252026
Financing Round

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Solarbox (Automotive) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC 21-Nov-2024 $1M Completed Startup
2. Early Stage VC 25-May-2023 Completed Startup
1. Early Stage VC 01-Oct-2022 Completed Startup
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Solarbox (Automotive) Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
Agence Francaise de Developpement Government Minority
Gaia Impact Fund Impact Investing Minority
Investisseurs & Partenaires Impact Investing Minority
JLL Foundation Impact Investing Minority
Launch Africa Ventures Venture Capital Minority
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Solarbox (Automotive) FAQs

  • When was Solarbox (Automotive) founded?

    Solarbox (Automotive) was founded in 2022.

  • Where is Solarbox (Automotive) headquartered?

    Solarbox (Automotive) is headquartered in Dakar, Senegal.

  • What industry is Solarbox (Automotive) in?

    Solarbox (Automotive)’s primary industry is Automotive.

  • Is Solarbox (Automotive) a private or public company?

    Solarbox (Automotive) is a Private company.

  • What is Solarbox (Automotive)’s current revenue?

    The current revenue for Solarbox (Automotive) is .

  • How much funding has Solarbox (Automotive) raised over time?

    Solarbox (Automotive) has raised $1M.

  • Who are Solarbox (Automotive)’s investors?

    Agence Francaise de Developpement, Gaia Impact Fund, Investisseurs & Partenaires, JLL Foundation, and Launch Africa Ventures are 5 of 8 investors who have invested in Solarbox (Automotive).

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