KarmSolar
company
About
KarmSolar is a private off-grid solar energy integrator in Egypt.
- 11 - 50
Highlights
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- £83M
- Industries
- Energy,Renewable Energy,Solar
- Founded date
- Oct 23, 2011
- Number Of Employee
- 11 - 50
- Operating Status
- Active
The company is an owner of a transdisciplinary utility platform designed to create solar energy for a variety of businesses and neighborhoods.Through developing unique approaches to each project, we develop systems that harness the power of the sun and replace diesel-powered processes and thereby producing energy that is affordable, stable, reliable, and environmentally friendly.KarmSolar was established on October 23, 2011 by Ahmed Zahran and Tamer Essawy in Cairo, Al Qahirah.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
£83M
KarmSolar has raised a total of
£83M
in funding over 2 rounds. Their latest funding was raised on
Jan 10, 2023 from a Debt Financing round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jan 10, 2023 | Debt Financing | £83M | 1 |
HSBC
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
1
KarmSolar is funded by 1 investors.
HSBC
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
HSBC
|
Yes | Debt Financing |
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