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Powerhive logo — Driving Sustainability with Innovative Electric Mobility Sol...

Powerhive

Driving Sustainability with Innovative Electric Mobility Solutions

Founded 2011 Kenya Nairobi, Kenya 72 employees Series B Total: $43.80M Computing, Energy +1

General Information

Company Name Powerhive
Founded Year 2011
Location Kenya Nairobi, Kenya +2
Employees 72
Industries Computing, Energy, Renewable Energy
Funding Stage Series B
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About Powerhive

Powerhive is a leading innovator in the energy and mobility sectors, committed to driving sustainability with innovative electric mobility solutions. Established in 2011 and headquartered in Kenya, Powerhive has emerged as a groundbreaking force as Kenya's first privately owned utility. The company's dedication to providing reliable and clean energy access is reshaping community development and modern transportation. Powerhive's Series B investment of $9.30M on 09 July 2019, led by Prelude Ventures, Tao Capital Partners, Caterpillar Ventures, TotalEnergies Ventures, James Sandler, and Toyota Tsusho, signifies a significant stride in its mission to redefine transportation with efficiency, affordability, and environmental responsibility at its core. The innovative Spark Electric Motorcycle and the battery swapping technology exemplify the company's commitment to sustainable mobility solutions, aiming to revolutionize the way people move while ensuring environmental sustainability.

Taxonomy: Electric Mobility, Clean Technology, Battery Swapping, Electric Vehicles, Innovation, Energy Access, Community Development, Environmental Responsibility, Kenya, Utility, Mobility Solutions

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 6
Investor Investor Investor Investor
•••• •••• 		09 Jul 2019
Series A •••••• 4
Investor Investor Investor Investor
25 Jan 2016
Venture Round •••••• - 09 Dec 2015
Debt Financing •••••• - 21 Feb 2014

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FAQ About Powerhive

Driving Sustainability with Innovative Electric Mobility Solutions
Powerhive was founded in 2011.
Powerhive is headquartered in Nairobi, Kenya.
Powerhive operates in the following industries: Computing, Energy, Renewable Energy.
Powerhive has approximately 72 employees.
Powerhive has completed 4 funding rounds, raising a total of $43.80M. The latest funding stage is Series B.
Top alternatives and competitors to Powerhive include ALVA, Onemile, ABB E-mobility, Lightyear, EGO Movement. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Powerhive and ALVA 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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