Washa is a technology company.
Washa has raised $300K across 1 funding round.
Washa has raised $300K in total across 1 funding round.
Washa has raised $300K in total across 1 funding round.
Washa's investors include Overkill Ventures.
WASSHA Inc. is a Japanese technology company founded in 2013 that provides Energy as a Service (EaaS) and platform businesses targeting off-grid communities in Africa using IoT technology.[1] It offers electronic services through kiosks (retail stores) in underserved areas of Tanzania, Uganda, Mozambique, Nigeria, and the Democratic Republic of the Congo, empowering people by solving social issues like energy access and economic constraints.[1] The company serves rural populations in developing regions, addressing the problem of limited access to electricity and services by building a kiosk network that enables "I can't" to become "I can" through scalable business models.[1]
WASSHA Inc. was established on November 28, 2013, in Tokyo, Japan, with Satoshi Akita as President and CEO.[1] The idea emerged from recognizing economic and social barriers in Africa and other developing areas, where people face limitations like lack of electricity and services; the founders aimed to unlock these through IoT-enabled businesses.[1] Early traction came from expanding EaaS to off-grid communities and leveraging kiosks for platform services, leading to offices in Dar es Salaam (Tanzania), Kampala (Uganda), Nampula (Mozambique), Lagos (Nigeria), and Kinshasa (DRC).[1]
(Note: Other entities like Beijing Washa Technology & Trade Co., Ltd., a 2004 Chinese manufacturer of powder spray and traffic products using space technology, appear unrelated based on distinct operations and domains.[2][4])
WASSHA rides the off-grid energy and IoT trend in Africa, where over 600 million people lack reliable electricity, aligning with global pushes for sustainable development goals (SDGs) on energy access.[1] Timing is ideal amid rising solar-IoT adoption and Africa's digital economy boom, with market forces like urbanization, mobile money growth, and foreign investment favoring kiosk-based models over capital-intensive grids.[1] It influences the ecosystem by creating jobs, empowering local retailers, and proving scalable tech for social enterprises, potentially inspiring similar ventures in frontier markets.
WASSHA is positioned for expansion as African electrification accelerates, with kiosk networks enabling new revenue from fintech, e-commerce, and digital services atop energy basics.[1] Trends like cheaper IoT sensors, green energy subsidies, and pan-African trade pacts will shape growth, evolving its influence from niche provider to regional platform leader. Watch for partnerships scaling beyond current bases, tying back to its core vision of turning limitations into opportunities through business innovation.[1]
Washa has raised $300K across 1 funding round. Most recently, it raised $300K Pre-seed in July 2015.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2015 | $300K Pre-seed | Overkill Ventures |