Oolu
AcquiredOolu 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
- Website
- oolusolar.com
- Total Funding
- $11.7M
- Last Round
- $8.5M Series BDec 2020
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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
6 technologies & apps tracked
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Funding History
Dec 2020
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Funding: Seed through Series B. Amounts, valuations, and investors where available.
Investors
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