UpOwa
Innovative clean solutions to sustainably power 1B+ people w/o electricity in the developing world.
| Date | Investors | Amount | Round |
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| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $3.5m | Debt | |
| Total Funding | 000k | ||
upOwa operates in the renewable energy sector, focusing on providing affordable solar home systems to individuals in Cameroon who lack access to the national grid. The company employs a Pay As You Go (PAYG) business model, allowing customers to pay for their solar systems in small, flexible installments over a period of 18 to 36 months. This model aligns the cost of solar energy with the monthly expenses of traditional kerosene lamps, making clean energy accessible and financially viable for low-income households. upOwa's products are designed to reduce CO2 emissions by replacing fossil fuel-based energy sources, such as kerosene lamps and diesel generators. The company ensures product reliability through rigorous testing and offers installation verification by trained technicians. Additionally, a dedicated call center supports customers with any issues they may encounter. By 2028, upOwa aims to empower over 1 million people with sustainable energy solutions. Keywords: solar energy, PAYG, Cameroon, clean energy, affordable, installments, CO2 reduction, renewable, off-grid, sustainable.