MPower Ventures
MPower is a B2B impact and fintech start-up addressing the pressing challenges of financial inclusion and energy access in emerging markets.
| Date | Investors | Amount | Round |
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| - | investor investor investor investor investor | €0.0 | round |
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| N/A | €0.0 | round | |
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| investor | €0.0 Valuation: €0.0 | round | |
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* | €550k | Debt | |
| Total Funding | 000k | ||
| EUR | 2018 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Company filings or news article
MPower Africa is a tech4impact venture focused on addressing the challenges of energy access and financial inclusion in emerging markets. Founded in 2017 by Manuel, Michael, and Greg, the company leverages their extensive experience in the solar sector and impact investing to create sustainable solutions. MPower's core business involves financing and distributing affordable clean energy to households and small-to-medium enterprises (SMEs) in secluded villages and urban areas. The company operates a B2B platform that provides turnkey solutions for local partners, enabling them to finance and deploy clean energy systems while focusing on sales and scaling their operations. MPower's innovative software supports these solutions, ensuring efficient deployment and management.
MPower serves a diverse range of clients, including local SMEs, households, and community projects such as street lighting and electrifying orphan centers. The company operates primarily in emerging markets, with notable projects in Cameroon and Namibia. MPower's business model is based on partnerships with local entities and international organizations, generating revenue through the sale and financing of clean energy systems and related services.
Keywords: clean energy, financial inclusion, emerging markets, SMEs, solar power, B2B platform, turnkey solutions, impact investing, energy access, tech4impact.