August 4, 2018 IBOMLLC Team

Kenya’s Solar Energy startup SunCulture secured funding from EDF Group

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

SunCulture, a Kenya-based startup that develops water pumps and irrigation solutions running on solar energy for smallholder farmers, has secured a round of investment from the EDF Group.

SunCulture’s solar-powered irrigation solutions are designed to make smallholder farming households more productive in their agricultural activities, by not having to rely on the rains. That means they can continue with their farming activities throughout the year. Something that goes a long way towards establishing food security for the society and financial empowerment of the farmers. SunCulture’s products are tailored in such a way that farmers get customized irrigation systems that comes with ongoing support and financing.

Now that the startup has secured funding from one of the world’s largest electric utility companies and a global leader in low-carbon energy – EDF – SunCulture is poised to increase its production of solar-powered pumps and irrigation system to more farmers across Kenya and bordering countries.

EDF joins the list of institutional investors, from whom SunCulture has received funding. Others on that list include Energy Access Ventures and Partners Group. It is also reported that EDF will take the financing further to …read more

Read more here:: Kenya’s Solar Energy startup SunCulture secured funding from EDF Group

      

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