Wednesday, September 3, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Funding

Beacon Power Services has closed a $2.7 million seed funding round

Tech Gist Africa by Tech Gist Africa
08/10/2022
in Funding, News
0 0
0
Beacon Power Services

Beacon Power Services

0
SHARES
Share on FacebookShare on Twitter

Beacon Power Services (BPS), an energy technology firm that offers data and grid management solutions to assist Africa’s power sector to distribute electricity more effectively, has announced the completion of a $2.7 million round of seed financing. 

Persistent Energy, Factor[e], Kepple Africa Ventures, and Oridun Capital Management also participated in the round, which was led by Seedstars Africa Ventures. 

“Although some of the world’s most rapidly expanding cities are located in Africa, most people think of the continent’s rural parts, where there is little to no access to electricity. However, without considerably increasing energy access and dependability throughout its major cities, Africa would not be able to flourish, according to Bimbola Adisa, founder, and CEO of BPS. “We created a bespoke solution for power companies on the continent to increase daily grid supply of electricity when we learned that solutions designed for established markets fail to handle the particular infrastructural constraints Africa faces. Over 30 million households and companies now have more reliable energy thanks to the assistance we provided to our utility clients in reducing network losses dramatically, recovering unrealized revenue, and doing so. Most crucially, by lowering the continent’s dependency on diesel generators, our technology is actually having a significant influence on sustainable economic development and climate change in Africa. 

The funding will assist the business to develop in its current operations, expanding outside of Nigeria and Ghana, and improving the range of products it offers.

 

Read more on Tech Gist Africa:

Zeepay, a Ghanaian payment company, has secured a $10 million Series A.5 funding round

Lami Technologies, a Kenyan insurtech startup, raises US$3.7 million in seed funding

Skrmiish, a South African gaming startup, receives $2.5 million in a seed funding round

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Holo Fintech UAE
Funding

Holo Secures $22M Series A to Revolutionize Homeownership in UAE and Saudi Arabia

by Tech Gist Africa
09/03/2025
0

Holo, a fintech platform transforming the home-buying experience in the UAE, has closed a $22 million Series A funding round,...

Read more
GITEX Nigeria 2025

GITEX Nigeria 2025: A Landmark Event for Africa’s Digital Future

09/01/2025
Agriculture Africa

Ghana to Become Africa’s First AI-Powered Agricultural Hub with $100M Japanese Investment

09/01/2025
Munify Egypt

Munify Secures $3M Seed Funding to Revolutionize Cross-Border Banking for Egyptians Abroad

09/01/2025
Uncovered Fund and Monex Ventures

Uncovered Fund and Monex Ventures have launched a $20M Fund

09/01/2025
Next Post
WhatsApp

WhatsApp will no longer allow others to see when you are online

Migration Entrepreneurship Prize 2022

African startups were awarded the Migration Entrepreneurship Prize in 2022

African Girl

Registration is now open for coding bootcamp for African girls in Namibia

No Result
View All Result

The Big 5

ITIDA Egypt

Egypt’s Start IT Programme Welcomes Eight Innovative Startups in 47th Cohort

by Tech Gist Africa
09/01/2025
0

...

startup africa

Innovate47 Launches Food & Agri Accelerator to Empower African Startups

by Tech Gist Africa
09/01/2025
0

...

Dubai AI Accelerator

Dubai’s AI Accelerator has opened Registration for the “Future of AI in Government Services Accelerator” Program

by Tech Gist Africa
09/01/2025
0

...

Presight AI-Startup Accelerator

Presight AI-Startup Accelerator Ignites Global Innovation in Abu Dhabi

by Tech Gist Africa
09/01/2025
0

...

African tech ecosystem

Africa’s Growing Role in Global Tech Partnerships: Collaboration with Silicon Valley and Beyond

by Tech Gist Africa
08/25/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.