Australia
Okra Solar is an innovative Australian technology startup addressing the energy access gap for the 770 million people lacking reliable power. Founded in 2016, the company partners with local utilities to transform offgrid communities into energy-rich meshgrids, offering a solution that is up to 10x more cost-effective than traditional grid expansion.
Leveraging a unique combination of hardware and software, including its plug-and-play IoT controller known as the Okra "Pod", Okra Solar employs machine learning and remote monitoring to optimize energy distribution. Their cloud-based software provides grid owners with the necessary data for real-time decision-making and network scaling.
With a focus on the Energy, IoT, and Renewable Energy industries, Okra Solar recently secured a $7.85M Series A investment from a consortium including At One Ventures, FMO, King Philanthropies, Shenzhen Valley Ventures (SVV), Susquehanna Private Equity Investments, and Autodesk Foundation. This funding is poised to propel the company toward its mission of global electrification by 2025.
