OnePower logo — company profile

OnePower

Founded 2015 Lesotho Lesotho 53 employees Series Unknown Total: $44.00M Energy, Renewable Energy +2

General Information

Company Name OnePower
Founded Year 2015
Location Lesotho Lesotho +1
Employees 53
Industries Energy, Renewable Energy, Sustainability +1
Funding Stage Series Unknown
Social

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About OnePower

OnePower is an energy startup and a social business founded in 2015 in Lesotho with a mission to bring electricity to underserved communities across Africa. They provide affordable and reliable electricity services to off-grid villages, giving families, schools, health clinics, and local businesses the opportunity to thrive. OnePower was incubated in 2015 by STG International, a non-profit based in Cambridge, MA that spun-off from the Massachusetts Institute of Technology in 2007. STG International has been working on energy access globally for more than 10 years, with funding from a wide variety of sources including the World Bank and the United Nations Development Programme, and partnerships across sectors and governmental ministries in Lesotho, Benin, and soon new markets. The last investment in OnePower was Debt Financing investment received on 01 December 2021, with funding from EDFI ElectriFI. OnePower's focus on energy, renewable energy, sustainability, and clean energy aligns with the growing demand for environmentally friendly and socially responsible investments in the energy sector. As they continue to expand into new markets, their proven track record and support from reputable sources position them well for future growth and impact.

Taxonomy: Energy access, Social business, Electricity services, Off-grid villages, Minigrids, Renewable energy, Sustainable development, Social impact, Community empowerment, Non-profit organization, STG International, STG Incubator, Partnerships, Engineering design

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
01 Dec 2021
Debt Financing •••••• 1
Investor
01 Dec 2021
Venture Round •••••• 1
Investor
01 Jan 2021
Grant •••••• 1 •••• •••• 08 Jul 2020

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FAQ About OnePower

OnePower is an energy startup and a social business founded in Lesotho with a mission to bring electricity to underserved communities across Africa. We provide affordable and reliable electricity services to off-grid villages, giving families, schools, health clinics, and local businesses the opport...
OnePower was founded in 2015.
OnePower is headquartered in Lesotho.
OnePower operates in the following industries: Energy, Renewable Energy, Sustainability, Clean Energy.
OnePower has approximately 53 employees.
OnePower has completed 4 funding rounds, raising a total of $44.00M. The latest funding stage is Series Unknown.
Top alternatives and competitors to OnePower include Africa GreenTec, Stemy Energy, STG Incorporated, National Grid, Carnegie Clean Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OnePower and Africa GreenTec 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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