Thursday
April 11
2024

SunCulture Raises $27 Million in Series B Round From Investors Including Netflix Co-Founder

By Joseph-Albert Kuuire

Kenya-based SunCulture, a solar irrigation startup, has raised $27 million from investors including Netflix co-founder Reed Hastings and Eric Schmidt, the former chief executive of Alphabet.

Others who also invested include InfraCo Africa and Acumen Fund. Investors in earlier funding rounds include EDF International SAS, DPI Energy Ventures, Equator Africa Fund, and Energy Access Ventures Fund.

Photo courtesy of IWMI Flickr Photos.

Source: Tech Labari (link opens in a new window)

Categories
Energy, Investing, Technology
Tags
corporations, media and entertainment, renewable energy, smallholder farmers