Kofa raises $8.1 million in pre-Series A funding to expand its battery-swapping energy network across Ghana and Kenya, co-led by E3 Capital and Injaro Investment Advisors.
Amount Raised
$8.1 Million
Round Type
Pre-Series A
AccraEnergyRenewable EnergyInvestors
Description
Kofa, a clean energy startup in Ghana, has secured $8.1 million in pre-Series A funding. The funds will support the expansion of its battery-swapping infrastructure and deployment of new swap stations. Co-led by E3 Capital and Injaro Investment Advisors, the round includes participation from Shell Foundation. Kofa focuses solely on delivering energy through swappable batteries, distinguishing itself from other clean energy startups in Africa.
Quick answer
Kofa raised $8.1 Million in a Pre-Series A round, dated April 30, 2025. Investors: High Profile European Angel Investors, Shell Foundation, Injaro Investment Advisors and E3 Capital. Kofa is based in Accra, Greater Accra Region, Ghana.
- How much did Kofa raise?
- Kofa raised $8.1 Million in a Pre-Series A round on April 30, 2025.
- Who invested in Kofa?
- High Profile European Angel Investors, Shell Foundation, Injaro Investment Advisors and E3 Capital are named as investors in this round.
- What does Kofa do?
- Kofa is a Ghana-based clean energy startup that focuses on delivering and managing energy through battery-swapping infrastructure.
- Where is Kofa based and how big is it?
- Kofa is based in Accra, Greater Accra Region, Ghana. Fundz records about 26 employees.
- Who are the decision-makers at Kofa?
- Fundz holds 2 contacts at Kofa. 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 Kofa that raised within 45 days of this round, from Fundz verified event records.
- Engrate raised $2.9M (Seed) on June 12, 2025.
- Voltavate raised $629K (Pre-Seed) on June 11, 2025.
- New Iridium raised $2.6M (Seed) on June 11, 2025.
- Clean Kinetics raised $3.3M (Series A) on June 10, 2025.
- HESStec raised an undisclosed amount on June 6, 2025.
- Onyx Renewables raised $260M (Debt Financing) on June 6, 2025.
Who to call at Kofa, and when
A new round usually means Kofa is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Kofa raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kofa, from your own LinkedIn network
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