Oolu

Acquired

Oolu is one of the fastest growing off-grid solar firms in West Africa

Dakar, Senegal · Founded 2015 · $11.7M raised

Headquarters
Dakar
Employees
201–500
Founded
2015
Business Model
B2C
Total Funding
$11.7M
Last Round
$8.5M Series BDec 2020
Rounds
3

About

Oolu was founded by Nilmi Senaratna and Dan Rosa in 2015. The company's mission is to provide off-grid households in rural regions in Africa with high quality products at an affordable price. In Wolof, a national language of Senegal, Oolu means ‘trust.’

Summary

Oolu is a Climate Tech company based in Dakar, Senegal, founded in 2015. It has raised $11.7M in total across 3 rounds, most recently a $8.5M Series B round in Dec 2020. Investors include Persistent Energy, RP Global and All On.

Tech & App Stack

4 technologies & apps tracked

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Funding History

Series BSeries BDec 2020
$8.5M

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Investors

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