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SunFunder

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SunFunder is a mission-driven solar finance business based in Nairobi unlocking debt capital for solar energy in emerging markets, where over 2.2 billion people live without access to reliable energy. We offer borrowers a deep solar market expertise, an efficient due diligence process and strong customer partnerships, while simultaneously providing investors with diversified, high-impact, fixed income debt offerings of emerging market solar investments. We have unlocked a total of $62 million for the sector through our Beyond The Grid Solar Fund and other debt facilities. To date we have made over $64 million of loans in 60 debt facilities to 45 solar companies.

Headquarters

Nairobi, Kenya

Founded in

2012

Company Size

Employees

investor type

Debt

investment stage

Company Size

Employees

Sectors of focus

geographical focus

Team

FUNDING ROUNDS

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SolarNow Energy & Environment Resources
Amount $2,000,000
Date May 24, 2016
Funding Round
Debt Financing I
investors
SunFunder
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d.light Energy & Resources
Amount $2,500,000
Date Sep 21, 2016
Funding Round
Debt Financing
investors
SunFunder
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SolarNow Energy & Environment Resources
Amount $6,000,000
Date Oct 23, 2017
Funding Round
Debt Financing II
investors
responsAbility, SunFunder
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d.light Energy & Resources
Amount $50,000,000
Date Apr 14, 2018
Funding Round
Debt Financing
investors
European Investment Bank (EIB), responsAbility, SunFunder, SIMA Funds
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Questworks Real Estate
Amount $1,200,000
Date Jun 8, 2018
Funding Round
Debt Financing
investors
SunFunder
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Zola Electric Energy & Environment Resources
Amount $20,000,000
Date Jul 27, 2018
Funding Round
Debt Financing
investors
SunFunder
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PEG Africa Energy & Resources
Amount $1,500,000
Date Nov 1, 2018
Funding Round
Debt Financing I
investors
SunFunder, Oikocredit International
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SolarNow Energy & Environment Resources
Amount $9,000,000
Date Jan 8, 2019
Funding Round
Debt Financing III
investors
SunFunder, Oikocredit International, ResponsAbility
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SolarWorks! Energy & Environment Resources
Amount $2,000,000
Date Jan 17, 2019
Funding Round
Debt Financing
investors
SunFunder, MFX Solutions
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PEG Africa Energy & Resources
Amount $20,000,000
Date Mar 20, 2019
Funding Round
Debt Financing II
investors
CDC Group, ResponsAbility, SunFunder
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d.light Energy & Resources
Amount $18,000,000
Date Jul 2, 2019
Funding Round
Debt Financing
investors
responsAbility, SunFunder, DWM Energy Ventures, Social Investment Managers & Advisors
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PEG Africa Energy & Resources
Amount $4,000,000
Date Oct 16, 2019
Funding Round
Debt Financing IV
investors
CDC Group, SunFunder, responsAbility
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Daystar Power Africa Renewables & Environment
Amount $4,000,000
Date Feb 10, 2020
Funding Round
Debt Financing
investors
SunFunder
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Yellow Africa Energy & Resources
Amount $4,000,000
Date Sep 14, 2021
Funding Round
Debt Financing
investors
SunFunder
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Zola Electric Energy & Environment Resources
Amount $45,000,000
Date Sep 23, 2021
Funding Round
Debt Financing
investors
FMO, SunFunder
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d.light Energy & Resources
Amount $50,000,000
Date Jul 21, 2022
Funding Round
Undisclosed
investors
Mirova SunFunder, Trade and Development Bank, FMO

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CONTACT

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