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South Africa’s Open Access Energy raises $1.8M with support from E3 Capital, Equator VC, and Factor E Ventures to advance its AI-powered clean energy platform, EnergyPro.

PRIVATEMar 04, 2026

Amount Raised

$1.8 Million

Round Type

Seed

Cape TownEnergySoftwareArtificial IntelligenceRenewable EnergyEnergy ManagementPower Grid

Investors

E3 CapitalEquator VCFactor E Ventures

Description

Open Access Energy has secured $1.8M in funding to advance its AI-powered clean energy platform, EnergyPro. The investment led by E3 Capital, Equator VC, and Factor E Ventures will help expand the company's tools for managing energy transmission from renewable sources. The funding aims to enhance OAE’s capabilities in addressing South Africa’s energy reliability challenges. CEO Gerjo Hoffman highlighted that the funding will enable the company to scale and support independent energy producers in the market.

Company Information

Company

Open Access Energy

Location

Cape Town, Western Cape, South Africa

About

Open Access Energy (OAE) is a Cape Town-based start-up focused on using AI to enable digital infrastructure for electricity trading. Its flagship product, EnergyPro, is a cloud-based software platform that automates backend processes such as metering and risk management. OAE aims to facilitate the efficient match of energy generation with consumer demand in the liberalised energy market. The company seeks to scale its tools for independent power producers and energy traders in South Africa.

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

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Predictive Intelligence
Strategic

ML-powered predictions for Open Access Energy's next move

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Open Access Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.