Tuesday
July 1
2025

Cape Town’s Open Access Energy Raises $1.8 Million to Scale AI-Driven Electricity Trading

By Sean Whitehead

Cape Town-based startup Open Access Energy (OAE) has secured $s1.8 million (R32.3 million) in seed funding to expand its AI-powered platform for electricity trading.

Photo courtesy of Lukas Bato.

Source: iAfrica (link opens in a new window)

Categories
Environment, Investing, Technology
Tags
artificial intelligence, decarbonization, distribution, energy access, infrastructure, renewable energy, scale, startups