The money raised by climate tech startups last year was more than a third of all funds raised by startups in Africa in 2023. When Ademola Adesina founded a startup to provide solar and battery-based power subscription packages to individuals and businesses in Nigeria in 2015, it was a lot harder to raise money than it is today.

Topics:  africa   when ademola adesina   nigeria   climate   startups   raised   money   
BING NEWS:
  • Greentown Labs gets $4 million in new funding for climate tech as it prepares for growth
    Greentown Labs has secured more than $4 million in funding, its first new round since converting to nonprofit status, as the climate-tech incubator prepares for its next stage of growth beyond its two ...
    12/18/2024 - 12:30 am | View Link
  • Climate tech startup Resilience AI raises $1 million in round led by Kalaari Capital’s CXXO initiative
    Resilience AI, a climate technology startup, secured $1 million in seed funding led by Kalaari Capital's CXXO initiative. The funding will enhance their climate risk management platform, Resilience360 ...
    12/17/2024 - 12:47 pm | View Link
  • As YC retreats from Africa, alumni launch accelerators to fill the gap
    Y Combinator has quietly reduced its focus on developing markets, including Africa. Now, local accelerators—backed by African YC alumni—are stepping in.
    12/8/2024 - 2:18 pm | View Link
  • Funding for climate tech startups is waning. Much of it’s moving to AI.
    Climate tech firms are on track to raise just half the capital they raised last year. Meanwhile, AI companies are enjoying an investment boom.
    11/11/2024 - 11:21 am | View Link
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