Wednesday
July 9
2025

South African Startup Secures $1.8 Million to Transform Energy Market with AI

By Joan Aimuengheuwa

Open Access Energy (OAE), a South African startup using AI to enable digital infrastructure for electricity trading, has closed a $1.8 million seed funding round with participation from E3 Capital, Equator VC, and Factor E Ventures.

Photo courtesy of Karsten Würth.

Source: Techeconomy (link opens in a new window)

Categories
Energy, Investing
Tags
artificial intelligence, Digital Public Infrastructure, distribution, renewable energy, startups