Hohm Energy Secures $8M Seed Funding to Power Rooftop Solar Adoption Amid South Africa's Energy Crisis 🌞 🇿🇦

Hohm Energy Secures $8M Seed Funding to Power Rooftop Solar Adoption Amid South Africa's Energy Crisis 🌞 🇿🇦

#climate and sustainability
#climate-tech
As South Africa grapples with severe power shortages, Hohm Energy raises an impressive $8 million in seed funding, marking the largest for a South African tech startup. The three-year-old clean tech firm connects homeowners with solar solutions, streamlining processes through its innovative marketplace and software model. With a mission to make renewable energy accessible, Hohm Energy aims to empower over 7 million households, offering a sustainable alternative amidst the country's energy woes.

South African startup Hohm Energy, addressing the country's energy crisis, secures $8 million in seed funding, the largest in South Africa's tech startup history. The platform connects homeowners and businesses with solar installers, suppliers, and financing, streamlining the rooftop solar adoption process. The funding, led by E3 Capital and 4DX Ventures, will fuel Hohm Energy's expansion, tech enhancement, and climate fintech initiatives, aiming to make clean, renewable energy more accessible amid escalating power challenges in the region. 🌍🔆


Read more on TechCrunch

Top comments(0)

SEND
Home
Stories
Community
Podcasts