Thursday
August 15
2024

Open Access Energy Secures $750,000, Launching $1.5 Million Seed Round in South Africa

Open Access Energy (OAE), a South African software company focused on optimizing energy transactions, has secured a $750,000 investment from Factor E Ventures. The funding marks the initial tranche of a $1.5m seed round for the company, which is developing software solutions to address South Africa’s chronic energy challenges.

Photo courtesy of andreas160578.

Source: Factor E (link opens in a new window)

Categories
Energy, Technology
Tags
climate change, decarbonization, energy access, renewable energy