Loading organizations...
WeLight develops and operates green mini-grids, providing renewable energy for rural electrification across Sub-Saharan Africa. The company deploys distributed power infrastructure, leveraging on-field and technological expertise to integrate diverse renewable sources. This approach ensures reliable electricity access, efficiently managing complex mini-grid systems for underserved communities.
WeLight was founded in 2018 by Axian, Sagemcom, and Norfund, addressing the significant electricity deficit in rural Madagascar. Their collaboration was driven by the insight that millions lacked access, prompting a new electrification model. Axian contributed market insight, Sagemcom offered mini-grid system expertise, and Norfund brought a long-term vision for sustainable energy.
WeLight serves rural African communities, supplying essential electricity for daily life and economic advancement. Its mission is to foster socio-economic growth, enabling new businesses, improving education, and enhancing health services. WeLight envisions becoming the leading operator in rural electrification, expanding its reach to drive comprehensive energy inclusion.
Welight has 1 tracked investment across 1 company. The latest tracked deal is $14.9M Pre-Series A in Volant Aerotech in June 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 30, 2022 | Volant Aerotech | $14.9M Pre-Series A | Eric XIA | Shunwei Capital |