Fundz

Lagos-based Earthbond raised funding in a pre-seed round led by Madica to provide affordable solar energy solutions for Nigerian SMEs.

PRIVATEOct 22, 2024

Round Type

Pre-Seed

LagosEnergyRenewable EnergySolar

Investors

Madica

Description

Earthbond, a climate tech startup founded in 2023, has secured investment from Madica to help small and medium-sized enterprises in Nigeria access affordable solar power. The startup addresses the off-grid generator market by facilitating group financing and connecting businesses to accredited solar suppliers.

Quick answer

Earthbond raised an undisclosed amount in a Pre-Seed round, dated October 22, 2024. Investors: Madica. Earthbond is based in Lagos, Lagos State, Nigeria.

How much did Earthbond raise?
Earthbond raised an undisclosed amount in a Pre-Seed round on October 22, 2024.
Who invested in Earthbond?
Madica is named as investors in this round.
What does Earthbond do?
Earthbond is a Lagos-based climate tech startup founded in 2023.
Where is Earthbond based and how big is it?
Earthbond is based in Lagos, Lagos State, Nigeria.
Who are the decision-makers at Earthbond?
Fundz holds 1 contact at Earthbond. 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 Earthbond that raised within 45 days of this round, from Fundz verified event records.

  • Stardust Solar Energy raised $605K (Seed) on December 3, 2024.
  • Volter raised $3.2M (Pre-Seed) on November 28, 2024.
  • Solteo raised $1.6M (Seed) on November 21, 2024.
  • Glint Solar raised $8M (Series A) on November 7, 2024.
  • Orkestra raised $2.8M (Seed) on November 6, 2024.
  • GreenHY2 raised $432K (Seed) on October 25, 2024.

Who to call at Earthbond, and when

A new round usually means Earthbond is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Earthbond raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Earthbond, from your own LinkedIn network

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Company Information

Company

Earthbond

Location

Lagos, Lagos State, Nigeria

About

Earthbond is a Lagos-based climate tech startup founded in 2023. It focuses on providing affordable and reliable solar energy solutions to Nigerian small and medium-sized enterprises (SMEs). By addressing the USD 14 billion off-grid generator market, Earthbond facilitates access to solar energy through group financing and a marketplace of accredited solar installers. Its mission is to lower costs and risks for businesses transitioning to solar power.

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Earthbond 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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