Nigerian clean tech startup SunFi raised $2.325 million in seed funding

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Nigerian clean tech startup SunFi, that connects people and businesses who want solar energy access to payment plans that match their needs raised $2.325 million in seed funding.

Nigerian households and businesses have little or no access to affordable and reliable solar technology, reducing their reliance on grid-based power, which suffers from insufficient generation capacity and fails to serve the majority of the country’s 200 million rural residents. Though this company evolved into SunFi three years later, Thomas described the launch of Aspire as the beginning of a lifelong journey to address the electricity issues that individuals and businesses face in Nigeria.

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Nigerian clean tech startup SunFi raised $2.325 million in seed funding

Nigerian clean tech startup SunFi, that connects people and businesses who want solar energy access to payment plans that match their needs raised $2.325 million in seed funding.

Nigerian households and businesses have little or no access to affordable and reliable solar technology, reducing their reliance on grid-based power, which suffers from insufficient generation capacity and fails to serve the majority of the country’s 200 million rural residents. Though this company evolved into SunFi three years later, Thomas described the launch of Aspire as the beginning of a lifelong journey to address the electricity issues that individuals and businesses face in Nigeria.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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