WakaWaka
WakaWaka develops, engineers, manufactures and markets lighting and phone charging product concepts.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
€1.1m | Convertible | ||
| Total Funding | 000k | ||
| EUR | 2015 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | - | 31 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
WakaWaka is a social enterprise that develops and sells portable, solar-powered products. Its product line includes solar chargers, power banks, and flashlights, designed for outdoor enthusiasts, campers, and people living in areas without access to electricity.
The company operates on a "buy one, give one" model. For every WakaWaka product sold, a solar light is donated to a family in need through its foundation. This dual-purpose business model allows the company to be commercially successful while addressing the global issue of energy poverty. The company partners with non-governmental organizations to distribute its products in developing countries.
The company's products are known for their durability and high-efficiency solar cells, which are sourced from SunPower, a leading manufacturer of solar technology. The business targets consumers in developed countries who are interested in sustainable products and outdoor activities, and uses the revenue generated from these sales to fund its social mission.
Keywords: solar power, portable energy, social enterprise, buy one give one, renewable energy, off-grid solutions, sustainable products, energy access, solar lighting, impact investing