Sun King sells, installs and finances solar home systems for the 1.8 billion off-grid and under-electrified consumers.
Sun King (formerly Greenlight Planet) is a solar company that designs, distributes, installs, and finances solar home energy products across Africa and Asia. Sun King produces solar home systems, inverter systems, and portable lanterns providing a solution for communities that live without reliable energy access. Sun King also offers pay-as-you-go financing options further allowing consumers to access energy without high up-front costs. Sun King works with their network of international distribution partners to expand the off-grid market.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 15, 2022 | Series D | $70M | 1 |
LeapFrog Investments
|
— | Detail |
| Apr 27, 2022 | Series D | $260M | 3 |
Beyond Net Zero
|
— | Detail |
| Oct 26, 2021 | Debt Financing | $75M | 4 | — | — | Detail |
| Sep 22, 2020 | Debt Financing | $90M | 7 | — | — | Detail |
| Dec 6, 2017 | Series C | $60M | 8 |
Apis Partners
|
— | Detail |
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
LeapFrog Investments
|
Yes | Series D |
Beyond Net Zero
|
Yes | Series D |
Apis Partners
|
Yes | Series C |
ARCH Emerging Markets Partners
|
— | Series D |
M&G Investments
|
— | Series D |
Citi
|
— | Debt Financing |
CDC Group
|
— | Debt Financing |
Norfund
|
— | Debt Financing |
Standard Bank
|
— | Debt Financing |
FMO
|
— | Debt Financing |