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Nuru: Story, Founders, Investors & Funding Rounds

Nuru: Story, Founders, Investors & Funding Rounds

Nuru, which means “light” in Swahili, describes their goal to spark and speed up the huge human potential in Congo by meeting the connection needs of 5 million happy customers.

Connection is a big problem in the Democratic Republic of the Congo, and Nuru is a startup that is working to fix that.

In 2017, Nuru set up the first solar-powered mini-grid in the Democratic Republic of the Congo. They now have a 1.3 MW commercial solar-plus-storage hybrid site up and running in Goma, North Kivu.

Additionally, Nuru plans to add 14 MW to its infrastructure for renewable energy in DRC.

Nuru Makes mini-grids to give cheap, reliable power to the people of the Congo.

The company’s mini-grids give commercial and industrial off-takers in Congo access to clean energy through solar photovoltaic (PV) and battery storage. These mini-grids are built using the best practices for building solar micro-grids.

Nuru is a company to look into if you care about the environment and reusing resources.

The goal of the mini-grids that Nuru is making is to make electricity in the Congo easier to get and cheaper.

Using the best practices for building solar micro-grids, the company’s mini-grids are powered by solar PV and have battery storage, giving commercial and industrial users in Congo access to clean energy.

How it Works

According to G2 Stack, Nuru uses 9 different technologies. HTML5, Google Analytics, and jQuery are some of these technologies.

The Nuru website uses 28 different technologies, according to BuiltWith.

Some examples of this are Viewport Meta, iPhone/Mobile Compatibility, and Scalable Presentation Format.

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Founders

Jonathan Shaw

Jonathan started Nuru, and he is now in charge of running it as its CEO.

Jonathan moved to the Democratic Republic of the Congo in 2017 after getting his degree from the University of Michigan.

Archip Lobo

Archip Lobo is the Chief Operating Officer and a co-founder of Nuru.

The main office of Archip is now in Kinshasa, DRC.

Investors & Funding Rounds

EDFI ElectriFi, Energy Access Ventures, Aster VC, Gaia Impact Fund

Nuru has gotten $5 million in funding throughout four investment rounds.

The last time they raised money, it was for a Venture.

Four investors have given money to help Nuru get started.

Proparco and the Electrification Financing Initiative are two of the most recent investors.

Similar Companies

NovoMoto

NovoMoto is a Sustainable Social Enterprise with the long-term goal of giving communities in the Democratic Republic of the Congo (DRC) and other parts of sub-Saharan Africa access to cheap, reliable, and renewable power.

Solarworx

SolarWorX is a company that specializes in making modular solar energy solutions.

Customers in rural areas that aren’t connected to the grid can use the systems to make money and move up the energy ladder (SDG7) at their own pace, depending on how much money they have.

SolarWorX is a B2B company with distribution partners in sub-Saharan Africa. It doesn’t just sell technology; it also gives hands-on training on how to use it.

Solarkiosk GmbH:

This is a business model that meets the needs and wants of off-grid communities by giving them goods, services, energy, and the internet.

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Boreal Light Gmbh:

Boreal Light is committed to meeting the needs of off-grid, low-income communities in Africa and South America by installing water purification systems that are both effective and cheap.

Lundin Mining Corporation:

Lundin Mining is a group of mining companies that work together. It has offices in many countries, such as Russia, the Democratic Republic of the Congo, Spain, Portugal, and Sweden.

BURN Manufacturing Ltd

In Sub-Saharan Africa, BURN is the only company that makes and sells all types of modern cook stoves

The first and only full-scale production plant for BURN has opened in Kenya.

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