Switch Electric logo — Simplifying the solar revolution

Switch Electric

Simplifying the solar revolution

Founded 2020 Nigeria Nsukka, Nigeria 10 employees Grant Total: $20.00K Blockchain, Defi +3

General Information

Company Name Switch Electric
Founded Year 2020
Location Nigeria Nsukka, Nigeria
Employees 10
Industries Blockchain, Defi, Renewable Energy +2
Funding Stage Grant
Business Model B2C, D2C, Platform
Revenue Model Product Sales, Usage Based, Service Fee
Social

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About Switch Electric

Switch Electric, headquartered in Nigeria and founded in 2020, is a burgeoning force in the renewable energy sector. With the slogan, "Simplifying the solar revolution", the company spearheads the shift to clean and accessible energy solutions in Africa. Their innovative vision aims to replace centralized power plants by 2025 and provide decentralized energy supply solutions for Africa's 1 billion people by 2100.

Positioned at the intersection of Blockchain, DeFi, Renewable Energy, Web3, and Clean Energy, Switch integrates advanced technologies with robust business models, emphasizing customer needs. Their platform features real-time energy metering and tailored electricity supplier options based on carbon footprint preferences.

With a recent $20,000 grant investment from IoTeX in January 2023, the company is well-placed to expand its sustainable, innovative solutions across the continent. For investors, Switch Electric presents a compelling opportunity to engage with Africa’s emergent clean energy transformation.

Business keywords: Solar Energy, Clean Technology, Decentralized Energy, Technology Innovation, Energy Generation, Smart Metering, Energy Storage, Digital Assets, Business Models, Finance Expertise, Africa, Home Improvement

Services & Products

Smart Meter Manufacturing
Energy Data Analytics
IoT Application Development
Prepaid Meter Installation
Remote Asset Administration

Target Customers

Solar Panel Users Renewable Energy Generators Energy Utilities Business with Customized Energy Needs Individuals in Decentralized Energy Projects

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $20.00K 1
IoTeX
10 Jan 2023

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FAQ About Switch Electric

Simplifying the solar revolution
Switch Electric was founded in 2020.
Switch Electric is headquartered in Nsukka, Nigeria.
Switch Electric operates in Blockchain, Defi, Renewable Energy, Web3 and Clean Energy. Its work centres on Solar Energy, Clean Technology, Decentralized Energy and Technology Innovation. Its customers include Solar Panel Users, Renewable Energy Generators and Energy Utilities.
Switch Electric has a B2C, D2C and Platform business model. Its revenue comes from Product Sales, Usage Based and Service Fee.
Switch Electric has approximately 10 employees.
Switch Electric has completed 1 funding round, raising a total of $20.00K. The latest funding stage is Grant.
Switch Electric offers: Smart Meter Manufacturing, Energy Data Analytics, IoT Application Development, Prepaid Meter Installation, Remote Asset Administration.
Top alternatives and competitors to Switch Electric include sonnen GmbH, Soly, Mosaic (joinmosaic.com), Monolith, Odsy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Switch Electric and sonnen GmbH 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.

Source: BounceWatch company record for Switch Electric, https://bouncewatch.com/company/switch-electric, updated 4 March 2026. When citing, please name BounceWatch and link this page.

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