London, United Kingdom
Circle Gas, founded in 2017 and headquartered in the United Kingdom, is a dynamic player in the Energy, IoT, and Oil and Gas sectors. The company's mission, succinctly captured by its slogan, "Clean and affordable cooking," is to revolutionize fuel consumption in Sub-Saharan Africa through innovative technologies.
Specializing in Internet of Things (IoT) devices and software, Circle Gas offers a scalable, pay-as-you-go technology initially developed by KopaGas. This system allows customers to purchase small amounts of gas via mobile wallets like M-Pesa, providing detailed usage data and enabling access to LPG, a cleaner cooking solution compared to traditional fuels.
Despite LPG being used by over 3 billion people globally, it remains financially inaccessible for many in Sub-Saharan Africa—presenting a massive market opportunity that Circle Gas seeks to address. The company received a $25.00M late-stage venture capital investment from Safaricom PLC in January 2020, emphasizing its robust growth potential in the region.
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