Powerhive

Powerhive

Powerhive empowers communities with clean energy and connects them with opportunities for economic growth.

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$9.3m

Series B
Total Funding000k
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Powerhive, founded in 2011, is a technology venture that develops innovative energy solutions for emerging markets. The company specializes in providing off-grid utility services through modular mini-grid systems that leverage proprietary technology, design expertise, and adaptive business processes. Powerhive serves households and businesses in regions without reliable access to electricity, primarily focusing on Africa. The company's business model involves implementing profitable off-grid utility projects that enable energy access and productive use, thereby improving livelihoods and fostering economic growth. Powerhive generates revenue by deploying and managing these mini-grid systems, charging customers for the electricity consumed. Additionally, the company has pioneered electric mobility solutions tailored for the African market, further expanding its service offerings.

Keywords: off-grid utility, mini-grid systems, emerging markets, energy access, productive use, Africa, electric mobility, proprietary technology, economic growth, renewable energy.

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