KarmSolar logo — Egypt's largest private solar utility company

KarmSolar

Egypt's largest private solar utility company

Founded 2011 Egypt Egypt 95 employees Debt Financing Total: $156.00M Energy, Renewable Energy

General Information

Company Name KarmSolar
Founded Year 2011
Location Egypt Egypt +3
Employees 95
Industries Energy, Renewable Energy
Funding Stage Debt Financing
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About KarmSolar

KarmSolar is Egypt's largest private solar utility company, specializing in developing innovative solar energy solutions for off-grid and on-grid applications. Their mission is to deliver turnkey standalone solar energy applications that are cost-competitive with fossil fuels, aiming to integrate easily with other sustainable solutions such as building efficiency, organic farming, and closed water cycle solutions (hydroponics). The company's goal is to commercialize sustainability enabling businesses to benefit from an increase in productivity while protecting the environment. With headquarters in Egypt, KarmSolar demonstrates a commitment to spearhead the sustainable energy revolution in the region. Although details on their last investment and investors are not readily available, their dedication to promoting sustainable energy solutions positions them as a potential contender for investment in the emerging market of renewable energy startups.

Taxonomy: solar energy solutions, off grid applications, on grid applications, turnkey solar energy applications, sustainable solutions, building efficiency, organic farming, closed water cycle solutions, commercializing sustainability, productivity increase, environmental protection

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 1
Investor
10 Jan 2023
Debt Financing •••••• 1 •••• •••• 23 Oct 2022
Venture Round •••••• - 29 Aug 2022
Venture Round •••••• 1 •••• •••• 25 Nov 2019
Seed Round •••••• - 01 Jan 2018

View All 7 Funding Rounds

KarmSolar Alternatives & Competitors

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FAQ About KarmSolar

Egypt's largest private solar utility company
KarmSolar was founded in 2011.
KarmSolar is headquartered in Egypt.
KarmSolar operates in the following industries: Energy, Renewable Energy.
KarmSolar has approximately 95 employees.
KarmSolar has completed 7 funding rounds, raising a total of $156.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to KarmSolar include Big Dog Solar Energy, AgriSolar, Ezon Energy Solutions (P) Limited, Pure Energy Construction LLC(A member of M.A.H.Y Khoory & Co. LLC), SolarPower. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
KarmSolar and Big Dog Solar Energy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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