Rana Energy secures $3M to scale AI-powered clean energy platform across Africa - Innovation Village | Technology, Product Reviews, Business

Rana Energy secures $3M to scale AI-powered clean energy platform across Africa - Innovation Village | Technology, Product Reviews, Business

Nigerian clean energy startup Rana Energy has successfully raised $3 million in pre-seed funding to accelerate the deployment of its AI-driven Clean Energy-as-a-Service platform across Africa. The funding round includes $500,000 in equity from Techstars, EchoVC Eco, and prominent angel investors such as Chinedu Azodoh and Tayo Bamiduro (co-founders of MAX), alongside $2.5 million in green debt arranged by Optimum Global and backed by FSDH Asset …

Rana Energy raises $3 million to power clean energy revolution

Nigerian clean energy startup Rana Energy has secured $3 million in pre-seed funding to scale its AI-driven Clean Energy-as-a-Service platform across Africa. The round includes $500,000 in equity from Techstars and EchoVC Eco, alongside $2.5 million in green debt arranged by Optimum Global and backed by FSDH Asset Management. Founded in 2023 by engineers Abraham Mohammed and Mubarak Popoola, Rana Energy is building what it calls a Virtual Solar …