Daystar Power
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
N/A | N/A | Seed | |
$10.0m | Series A | ||
N/A | $16.0m | Debt | |
$4.0m | Debt | ||
$38.0m | Series B | ||
$20.0m | Debt | ||
* | N/A | Acquisition | |
Total Funding | CAD65.5m |
Recent News about Daystar Power
EditDaystar Power is a leading provider of clean energy solutions in Africa, focusing on delivering reliable and cost-effective power through a combination of solar power and battery storage technologies. The company serves a diverse range of clients, including businesses and industries that require continuous and dependable power supply. Operating primarily in the African market, Daystar Power offers its services through a Power as a Service (PaaS) model, where clients pay a monthly fee for power consumption without any upfront costs. This model ensures that clients can benefit from modern and cutting-edge technology while saving money on energy costs. The company integrates its solutions into existing power setups, such as diesel generators or grid connections, to enhance reliability and efficiency. Daystar Power is also committed to gender equality and aims to have a 40% share of women in its team by 2024, supporting the growth of women in the green economy through hiring and training initiatives.
Keywords: clean energy, solar power, battery storage, Africa, PaaS, long-term contracts, cost-effective, reliable power, gender equality, green economy.