MPower is an impact and fintech start-up addressing the pressing challenge of financial inclusion and energy access in emerging markets. MPower has built a scalable B2B business model and partners with local entrepreneurs to finance and distribute affordable solar power to a market of 1.3 bn potential households and SMEs.
MPower's solution not only enables off-grid and underelectrified communities to power their homes and businesses independently from the electricity grid or expensive fossil fuel-based products, but also improves their financial inclusion and overall socioeconomical status.
The company is run by a young, diverse and motivated team with a passion for renewable energy, finance and social impact. Team's expertise ranges from finance to IT and from renewable energy to business development in Africa.
Location: Switzerland, Zurich
Employees: 11-50
Total raised: $449.38K
Founded date: 2017
Funding Rounds 2
| Date | Series | Amount | Investors |
| 12.02.2024 | - | $404.42K | - |
| 11.01.2021 | - | $44.96K | - |
Mentions in press and media 21
| Date | Title | Description |
| 06.05.2024 | Vier Innovationen überzeugen die Crowd | MPower Ventures hat 250'000 Euro über die österreichische Crowdlending-Plattform klimja eingesammelt. Dafür bekommen die 122 Investorinnen und Investoren während einer Laufzeit von fünf Jahren jährlich sechs Prozent Zins. MPower hat mit se... |
| 05.03.2024 | Additional funding to fuel MPower’s expansion plans in Zambia | MPower Ventures developed a small and medium-scale solar energy infrastructure that allows its local B2B partners to provide lower-and middle-income households, SMEs, and farmers in peri-urban and rural areas with access to affordable ener... |
| 12.02.2024 | MPower Ventures secures EUR 375k from CEI Africa | Climate and fintech startup MPower Ventures built a B2B platform that provides small- and medium-scale solar energy infrastructure in developing countries. Its offerings include decentralised, high-quality plug-and-play solar devices and en... |
| 06.02.2024 | Pushing sustainability through Crowdfunding | Crowd4Climate offers a platform to invest in small amounts in promising projects in Germany, Austria and developing countries to help companies implement projects dedicated to reducing greenhouse gasses. One such company is Mpower, a B2B p... |
| 10.05.2023 | Innosuisse Scale-up Coaching programme to boost 17 start-ups | |
| 10.02.2023 | MPower secures funding to scale its solar energy solutions for emerging countries | |
| 03.01.2023 | Food, fashion and solar power: four start-ups ripe for growth | |
| 14.12.2022 | Ten startups to represent Switzerland at the Mobile World Congress | |
| 04.04.2022 | Swiss cleantechs selected for the SET100 Award | |
| 25.02.2022 | Pick Your Fair: Twelve startups at twelve trade fairs |
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