Solarbox Africa

Senegalese ???? leading eMobility and energy startup, Solarbox Africa, has closed a $1M Pre-Seed round led by key investors, like Digital Energy Facility (a collaborative initiative led by Agence Fran?aise de Développement, IetP and GAIA IMPACT FUND), Launch Africa Ventures, JLL Foundation, and Teranga Capital. This funding marks a significant step forward in revolutionizing clean transportation across Senegal and beyond ??. Founded in 2022 by Tijan Watt and incubated by Wuri Ventures, Solarbox designs and deploys light electric vehicles (2- and 3-wheelers) with solar charging, financing, and fleet management solutions tailored for African businesses ??. In just under a year, they've partnered with major players like ORANGE ENERGIES PRIVATE LIMITED, FedEx, and Paps Logistics, showcasing their ability to drive clean mobility solutions ??. ?? Solarbox Africa offers 50-60% cost savings compared to traditional fuel vehicles, significantly reducing emissions and contributing to better public health. By tapping into Senegal’s vast solar energy potential, the company is addressing fuel dependency while driving sustainable, affordable mobility solutions that benefit businesses and communities alike. Read more: https://lnkd.in/dx8C8PnC ? Stay in the know! For the latest African news and insights, follow our WhatsApp channel - https://lnkd.in/ddAsW5S4? and never miss an update! ???? #Africa #Senegal #Startup #Funding #Growth

We’re thrilled to join AlphaQ Venture Capital Discovery platform as part of our Seed Fund II journey! ?? This week, Launch Africa Ventures is delighted to be featured on AQVC Discovery, a platform shining a light on venture capital as an accessible asset class. Explore our profile here:?https://lnkd.in/eyRwF-h3 Building on the success of our first fund, we are now raising $75M for our second Seed Fund, which will continue our mission to invest in high-impact, early-stage tech startups across Africa. With over 150 investments across 24 countries to date, we remain one of the most active institutional investors in the African ecosystem, backing innovative companies like Octavia Carbon, Solarbox Africa, and Kredete out of our second seed fund. Through platforms like AQVC, we’re excited to help democratize access to venture capital, creating new opportunities for collaboration and impact across the continent. Join us in supporting Africa’s next wave of transformative startups! ??Learn more about us on AQVC Discovery:?app.aqvc.com

Last year I wrote an essay on the Wuri Ventures website entitled Don't be Afraid of Electric Vehicles in Africa. In recent months announcements from Kenya based companies such as BasiGo, announcing its Series A raising $42m and Zeno, which raised a $9.5 million seed round, have been demonstrations of the pending revolution in electric mobility in Africa. We at Wuri Ventures followed through on our conviction, incubating?Solarbox Africa. Solarbox makes light electric vehicles and solar equipped charging stations to lead the electric mobility revolution in Senegal and neighboring regions.? Solarbox recently closed a $1m pre-seed, and is just getting started. You can see more in a recent video, partnering with Orange Energies! We have seen business revolutions cover the continent of Africa before, from telecoms, to fintech.? We believe that is the next one, and we’re putting our money (and sweat), into proving it. Do you think we’re right? #africanstartups #venturecapital #africanvc #startups #electricvehciles #electricmobility #senegal #madeinAfrica Emmanuel Beau On.Capital Launch Africa Ventures Uwem U. Ibrahima Ba David FULLER Délégation Générale à l'Entreprenariat Rapide des Femmes et des Jeunes - DER/FJ Investisseurs & Partenaires - I&P Adrienne Ndong Teranga Capital Olivier Furdelle Andy Poppink Hania Othman Nate Heller Sidy Ndao Dakar American University of Science and Technology (DAUST) Hannah Subayi Kamuanga Andrew Don