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Virunga Power logo — Powering African Opportunity.

Virunga Power

Powering African Opportunity.

Founded 2011 Mauritius Mauritius 32 employees Series Unknown Total: $64.64M Energy, Renewable Energy

General Information

Company Name Virunga Power
Founded Year 2011
Location Mauritius Mauritius +5
Employees 32
Industries Energy, Renewable Energy
Funding Stage Series Unknown
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About Virunga Power

Virunga Power is an African Rural Electric Utility focused on renewable power generation and distribution networks in East and Southern Africa. Established in 2011 and headquartered in Mauritius, the company operates run-of-river hydropower plants and electricity distribution networks, providing power to households and businesses in rural areas. With a distributed portfolio of assets spanning five countries, Virunga Power has garnered significant attention in the investment landscape. In its most recent funding round in December 2022, the company secured a substantial $50.00M investment from Gridworks Partners, signifying strong support from notable investors in the energy and renewable energy industries. This infusion of capital is expected to further propel Virunga Power's efforts in bolstering access to sustainable energy across the region.

Taxonomy: Hydropower, Electric Utility, Rural Electrification, Power Generation, Energy Distribution, East Africa, Southern Africa, Infrastructure Development, Investment, Run-of-River Hydropower, Energy Access, Sustainable Development, Rural Communities, Electricity Networks

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1 •••• •••• 29 Dec 2022
Series A •••••• 3
Investor Investor Investor
18 Dec 2018
Venture Round •••••• 1
Investor
01 Jan 2016
Seed Round •••••• - 11 Jun 2015

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FAQ About Virunga Power

Powering African Opportunity.
Virunga Power was founded in 2011.
Virunga Power is headquartered in Mauritius.
Virunga Power operates in the following industries: Energy, Renewable Energy.
Virunga Power has approximately 32 employees.
Virunga Power has completed 4 funding rounds, raising a total of $64.64M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Virunga Power include Hydrobox, AFRICA MOBILE NETWORKS LIMITED, Vinacomin Power Holding, KenGen Kenya, Wheatland Electric Cooperative, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Virunga Power and Hydrobox 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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