Sun King
December 2025 · KenyaGrowth40 M$EquityEnergyLead
Activity : Off-grid solar and solar kits
Sun King has raised USD 40 M in equity financing from Lightrock to accelerate its expansion across Africa and Asia.
Source : weetracker.com
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Lightrock
Public data, unclaimed profileInvestisseur référencé à partir d'opérations publiées. Secteurs, pays, instruments et tickets affichés d'après ses opérations ; le fonds peut revendiquer sa fiche pour préciser sa thèse.
Investment thesis
- Investment ticket
- 40 M$ – 40 M$*
- Instruments
- Equity*
- Preferred sectors
- Energy*, Fintech*
- Target geographies
- Kenya*, Nigeria*
- Stages (stated by the fund and from its deals)
- Series C+Growth
- Website
- https://lightrock.com
* added from its deals
Reference deals
Recent public deals: they say better than a thesis what the fund actually signs.
Moniepoint
October 2024 · NigeriaSeries C+110 M$EquityFintechCo-Invest
Co-investor alongside DPI (Development Partners International)
Activity : Payments and mobile money
Instrument : Série C clôturée à 200 M$ en octobre 2025 (LeapFrog en ancrage de la clôture finale) · Vehicle : African Development Partners III
Fintech ecosystem providing payments, banking, credit and management tools to businesses and their customers.
Why they invested
- Moniepoint is a major business-banking provider in Nigeria.
- The company has strong adoption of its payment solutions.
- The investment is intended to scale digital payments and banking services.
Advisers
- Financial Technology Partners — conseil financier et stratégique exclusif, company side
Co-investors Google Africa Investment Fund, LeapFrog Investments, Verod Capital
Source : dpi-llp.com
In short
Lightrock invests tickets ranging from 40 M$ to 40 M$, across the following sectors: Energy and Fintech, in the following areas: Kenya and Nigeria. Check in 30 seconds whether your company fits these criteria.