Beacon Power Services Raises $2.7M To Improve Electricity Access For Sub-Saharan African Cities
Amount Raised
$2.7 Million
Round Type
Seed
ChicagoEnergySoftwareRenewable EnergyEnergy ManagementDescription
Sub-Saharan Africa’s share of the global population without access to electricity stood at 77% in 2020, according to reports. Also, the average daily electricity supply in some of Africa’s largest cities is less than 12 hours. As a result, individuals and businesses find other options and substitutes, such as generators, to deal with their power issues; however, these solutions can either be costly to use or affect the climate.
Quick answer
Beacon Power Services raised $2.7 Million in a Seed round, dated August 5, 2022. Beacon Power Services is based in Chicago, Illinois, United States.
- How much did Beacon Power Services raise?
- Beacon Power Services raised $2.7 Million in a Seed round on August 5, 2022.
- What does Beacon Power Services do?
- Beacon Power Services is a leading provider of data and software solutions for Africa’s power sector.
- Where is Beacon Power Services based and how big is it?
- Beacon Power Services is based in Chicago, Illinois, United States. Fundz records about 51 employees.
- Who are the decision-makers at Beacon Power Services?
- Fundz holds 1 contact at Beacon Power Services. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Beacon Power Services that raised within 45 days of this round, from Fundz verified event records.
- Solo raised an undisclosed amount on September 19, 2022.
- Taranis raised $40M (Series D) on September 7, 2022.
- FranklinWH raised an undisclosed amount (Funding Round) on August 9, 2022.
- Oxford Quantum Circuits raised $50M (Series A) on July 5, 2022.
- Gevo raised an undisclosed amount (Funding Round) on September 19, 2022.
- Terra-Gen raised an undisclosed amount (Funding Round) on September 16, 2022.
Who to call at Beacon Power Services, and when
A new round usually means Beacon Power Services is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Beacon Power Services raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Beacon Power Services, from your own LinkedIn network
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Related People
Beacon Power Services raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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