Energy in South Africa: funding deals and active investors
One of the best-documented segments on the platform. Latest rounds, investors who lead them, tickets and instruments — Energy, South Africa.
20
deals recorded
5
over 12 months
11.8 M$
median disclosed ticket
25
identified investors
Key findings
- 20 funding deals recorded (Energy, South Africa) since 2014, involving 18 companies and 25 identified investors. 5 of them over the last 12 months (10 the previous year).
- Median disclosed ticket: 11.8 M$; half of the deals fall between 3.7 M$ and 51.9 M$ (14 amounts disclosed out of 20, 516.8 M$ in total).
- Where the money goes: Commercial & industrial energy (30 %), Off-grid solar and solar kits (20 %), Wind, hydro, geothermal and biogas (15 %).
- Most frequent stage: Growth (40 %); most used instrument: Equity (55 %).
- Most active investors: Actis (2), Development Bank of Southern Africa (2), E3 Capital (2).
- 35 % of deals are syndicated (at least two investors around the table).
Industries
- Commercial & industrial energy6
- Off-grid solar and solar kits4
- Wind, hydro, geothermal and biogas3
- Electric mobility3
- Mini-grids and rural electrification1
Stages
- Growth8
- Debt2
- Seed1
- Series A1
- Series B1
Instruments
- Equity11
- Senior debt2
- Grant1
Deals per year
| Year | Deals | Disclosed amounts |
|---|---|---|
| 2021 | 1 | — |
| 2023 | 1 | — |
| 2024 | 1 | 5 M$ |
| 2025 | 12 | 415.2 M$ |
| 2026 | 2 | 96.6 M$ |
Most active investors
- Actis2 deals
- Development Bank of Southern Africa2 deals
- E3 Capital2 deals
- Investec2 deals
- Rand Merchant Bank2 deals
- A.P. Moller Capital1 deal
- Adenia Partners1 deal
- AIIM (African Infrastructure Investment Managers)1 deal
- Alantra Energy Transition Fund1 deal
- Buffet Investments1 deal
- Chevron Technology Ventures1 deal
- Endeavor Harvest Fund1 deal
Latest deals
| Company | Date | Disclosed amounts | Lead |
|---|---|---|---|
| ZimiElectric mobility · South Africa | Jun 2026 | 2.6 M$ | Development Bank of Southern Africasource |
| SolarAfricaOff-grid solar and solar kits · South Africa · Debt | Feb 2026 | 94 M$ | Rand Merchant Banksource |
| PlentifyCommercial & industrial energy · South Africa · Series A | Nov 2025 | 15 M$ | Secha Capitalsource |
| SolarSaverOff-grid solar and solar kits · South Africa | Nov 2025 | 60 M$ | Inspired Evolutionsource |
| Maxwell+SparkStorage and batteries · South Africa · Series B | Oct 2025 | 15 M$ | Klimasource |
| Green CreateWind, hydro, geothermal and biogas · South Africa · Growth | Aug 2025 | 8.5 M$ | Norfundsource |
| Solarise AfricaCommercial & industrial energy · South Africa | Jul 2025 | 3.3 M$ | undisclosedsource |
| Zero Carbon ChargeMini-grids and rural electrification · South Africa | Jun 2025 | 5.6 M$ | Development Bank of Southern Africasource |
| WetilityOff-grid solar and solar kits · South Africa | Jun 2025 | 27.7 M$ | undisclosedsource |
| Open Access EnergyPower transmission and distribution · South Africa · Seed | Jun 2025 | 1.8 M$ | E3 Capitalsource |
| ZimiElectric mobility · South Africa | Apr 2025 | 320 k$ | undisclosedsource |
| SolarAfricaOff-grid solar and solar kits · South Africa | Feb 2025 | 98 M$ | Investecsource |
See also
Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.