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Koolboks raises $11M to support small businesses in Africa. This funding will enhance their cooling solutions.

PRIVATEAug 28, 2025

Amount Raised

$11 Million

Round Type

Funding Round

NigeriaEnergy

Description

Koolboks has secured $11 million to expand its efforts in cooling African small businesses. This funding aims to enhance their product offerings and increase market reach. The investment highlights the potential for sustainable cooling solutions in emerging markets. With this capital, Koolboks plans to further innovate their technology.

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Company Information

Company

Koolboks

Location

Nigeria

About

Koolboks makes refrigeration accessible and affordable to all. Our solar-powered freezers, equipped with Pay-As-You-Go technology and offered through an innovative Cooling-as-a-Service model, enable eco-friendly and accessible refrigeration to everyone who needs it.

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Fundz sees it the moment Koolboks raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Koolboks 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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