Pawame
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Pawame

http://www.pawame.com/
Last activity: 08.06.2021
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Categories: AfricaTechBusinessDataEdTechEnergyTechFinTechHomePlatformProductService
Pawame is an off-grid home solar company aiming to electrify the 160 Million households (70% of the population) in Sub-Saharan Africa that do not have access to grid power.

Our Solar Home Systems are capable of leap frogging traditional power lines and offer an innovative, affordable rent-to-own, pay-as-you-go(PAYGO) business model.

Launched in 2016, we have deployed our solution in over 3,000 households so far and plan to reach 200,000 households by 2020.

Our goal is to use PAYGO platform, customer relationships and data to profitably offer life-changing products and services like electrical appliances, micro-insurance, education loans, and remote health services at scale, thereby making a meaningful contribution to global poverty alleviation, in line with the MDGs, and Kenya Vision 2030.
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Location: Kenya, Nairobi
Employees: 51-200
Phone: +254 800 723 800
Total raised: $5M
Founded date: 2016

Funding Rounds 1

DateSeriesAmountInvestors
22.06.2021Series A$5M-

Mentions in press and media 1

DateTitleDescription
08.06.2021Pawame secures USD 2.5 million investmentPawame, a UAE-based renewable energy startup has secured a $2.5M investment, with $1.7M of the amount secured in the form of grant commitments, plus $750K in equity, including $250k from Launch Africa. Founded in 2016, Pawame offers a portf...

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