Bboxx is generating impact by improving customers’ quality of life through provision of affordable, clean and reliable energy solutions. Today, we offer pay-as-you-go solar power. Our aim is to expand rapidly to provide other modern utility services, such as cooking, internet access and water. We are constantly searching and realising innovative solutions to provide the best value services to our customers. At the heart of Bboxx is our pioneering management platform, called Bboxx Pulse®, which continuously collects data and insights, enabling us to provide our services to previously unreachable populations. Bboxx has installed more than 350,000 solar home systems, with a strong presence in Rwanda, Kenya, the Democratic Republic of Congo and Togo. Bboxx have over 800 employees across 9 global offices Rwanda, Kenya, the Democratic Republic of Congo and Togo, with its head office in the UK and its manufacturing operations based in China.
Today, more than 1,000,000 people benefit from our clean, reliable and affordable electricity. Bboxx directly contribute to 10 of the 17 UN Sustainable Development Goals, with a sizeable impact on reducing inequalities.
With a strong presence globally in 11 countries in Africa and Asia, Bboxx is scaling rapidly by forging strategic partnerships with investors, governments, telecommunication firms and energy majors. The scale of the challenge is huge. 800 million people globally live without access to electricity. This is also the size of the opportunity. But the provision of electricity is the entry point as it creates demand in other areas such as gas, water, internet, finance, white goods a demand which the company also seeks to meet.
Overview
Investors 2
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| MKB Partners Fund | mkbandco.com |
Funding Rounds 5
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Jan 19, 2019 | Funding round | $31M | |
| Aug 30, 2016 | Series C round | $20M | |
| Mar 13, 2015 | Series B round | $3M | |
| Nov 14, 2013 | Funding round | $1.9M |
Mentions in press and media 21
| Date | Title | Description |
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| Apr 27, 2022 | Bboxx reportedly acquires Ghana’s PEG Africa and pushes valuation to $300m+ | Bboxx, a London-headquartered cleantech startup that provides clean energy in Africa, has reportedly acquired PEG Africa, another cleantech startup based in Accra, in a deal that pushes its valuation to well over $300 million, according to ... |
| Apr 15, 2020 | BBOXX lands $3m investment to “transform” energy in developing countries | Clean energy specialist BBOXX, founded in 2010 by Laurent Van Houke and Young Guns Christopher Baker-Brian and Mansoor Hamayun, has announced a Series B round of $3m involving private equity firm Bamboo Finance and Dutch eco-fund DOEN Found... |
| Nov 25, 2019 | SA startup Yellow lands $725k to help distribute solar energy device in Uganda, Malawi | SA startup Yellow may just have closed a $725 000 raise from local and international investors, but the two-year-old company which sells pay-as-you-go solar-power devices to African households, almost shut its doors until a tech platform th... |
| Nov 25, 2019 | SA startup Yellow lands $725k to help distribute solar energy device in Uganda, Malawi | SA startup Yellow may just have closed a $725 000 raise from local and international investors, but the two-year-old company which sells pay-as-you-go solar-power devices to African households, almost shut its doors until a tech platform th... |
| Aug 30, 2019 | Mitsubishi invests in BBOXX, the UK startup that wants to bring solar power to developing countries: 7 things you need to know | Renewable energy is finding a stronger foothold, thanks to the discourse over global warming. Among the numerous renewable energy sources, solar is widely and readily available, since the sun shines for a large part of the year. As a result... |
| Aug 29, 2019 | BBOXX Raises $50M in Series D Funding | BBOXX, a London, U.K.-based provider of off-grid solar systems in Africa, raised $50m in Series D funding. The round was led by Mitsubishi, with participation from ENGIE Rassembleurs d’Energies, Bamboo Capital Partners, DOEN Participaties, ... |
| Aug 29, 2019 | BBOXX secures $50m to Scale Business across Africa & Asia | UK-based BBOXX, an off-grid solar company that provides pay-as-you-go energy solutions, has secured a $50m investment in its Series D funding round, to scale business across African and Asian markets. Excited to announce we’ve just closed a... |
| Aug 28, 2019 | BBOXX closes US$50 million funding round led by Mitsubishi | |
| Aug 28, 2019 | BBOXX closes a $50 million series D funding round to expand pay-as-you-go solar | Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
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FAQ about Bboxx
When was Bboxx founded?
Bboxx was founded in 2010.
How much funding has Bboxx raised?
Bboxx has raised $105.9M in total across 5 funding rounds.
What funding rounds has Bboxx raised?
Parsers VC lists 5 funding rounds of Bboxx, among them a funding round of $31M on Jan 19, 2019, a Series C round of $20M on Aug 30, 2016 and a Series B round of $3M on Mar 13, 2015.
Who has invested in Bboxx?
Parsers VC lists 2 investors of Bboxx, among them MKB Partners Fund.
What has the press written about Bboxx?
Parsers VC has collected 21 articles mentioning Bboxx, among them “Bboxx reportedly acquires Ghana’s PEG Africa and pushes valuation to $300m+” (Apr 27, 2022) and “BBOXX lands $3m investment to “transform” energy in developing countries” (Apr 15, 2020).
Is Bboxx still active?
Yes, Bboxx is active; its latest activity on Parsers VC dates from Apr 14, 2025.