Bboxx, a London, UK-based company that distributes solar powered battery packs to markets across the developing world, raised US$3m in Series B funding.
Backers included Bamboo Finance and DOEN Foundation.
The company intends to use the funds to expand operations.
Founded in 2010 by Mansoor Hamayun, Co-Founder and Chief Executive Officer, Bboxx designs, manufactures and distributes solar powered battery packs to markets across the developing world, with networks in Kenya, RD Congo, Sierra Leone, Uganda, Senegal, Ivory Coast, Sudan, Rwanda, Ethiopia, Indonesia, Comoros, Zambia, Somalia and Pakistan.
To date, the company has reached over 50,000 customers.
FinSMEs
13/03/2015