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Open Access Energy raised R32 million in a seed funding round, led by E3 Capital, Equator VC, and Factor E, to accelerate the energy transition in South Africa.

PRIVATEJun 17, 2025

Amount Raised

R32 Million

Round Type

Seed

Cape TownEnergySoftwareArtificial IntelligenceRenewable EnergyEnergy ManagementPower Grid

Investors

E3 CapitalEquator VCFactor E

Description

Cape Town-based Open Access Energy has secured R32 million (US$1.8 million) in a seed funding round. The funds will be used to enhance product development and customer growth. The company's flagship product, EnergyPro, facilitates the delivery of electricity from decentralized renewable sources. As demand for flexible energy infrastructure rises, this funding will support independent power producers and energy traders.

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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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.