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
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
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Dec 2020
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Seed through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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