Tuesday
June 20
2023

Paygo Solar Startup Yellow Raises $14 Million to Scale in Africa

By Annie Njanj

Yellow, an asset financier for solar energy and digital devices in Africa has raised $14 million series B funding in a round led by Convergence Partners with participation from the Energy Entrepreneurs Growth Fund, managed by Triple Jump, in addition to follow-on investment from Platform Investment Partners.

Photo courtesy of Russell Watkins/DFID.

Source: TechCrunch (link opens in a new window)

Categories
Energy, Finance
Tags
off-grid energy, PAYGO finance, renewable energy, scale, solar, startups