What is MOPO?
MOPO operates at the intersection of clean energy and financial inclusion, offering a sophisticated pay-per-use battery system designed for off-grid environments. By eliminating the prohibitive upfront costs associated with traditional energy hardware, the company enables low-income households to access electricity for essential needs such as lighting, mobile device charging, and small appliance operation. This model not only fosters economic development but also serves as a critical mechanism for environmental sustainability by reducing reliance on kerosene and petrol-based generators. Through a network of local hubs, MOPO has established a scalable, asset-light framework that addresses the systemic energy poverty prevalent in emerging markets.
How much funding has MOPO raised?
MOPO has raised a total of $8.3M across 2 funding rounds:
Other Financing Round
$7M
Other Financing Round
$1.3M
Other Financing Round (2025): $7M with participation from British International Investment
Other Financing Round (2025): $1.3M led by UK Department for Energy Security & Net Zero and Innovate UK Business Connect
Key Investors in MOPO
British International Investment
The development finance institution of the UK government, focused on investing in businesses to improve lives and support sustainable economic growth in Africa and South Asia.
UK Department for Energy Security & Net Zero
A ministerial department dedicated to securing the UK's long-term energy supply, reducing consumer costs, and driving the transition to a net-zero economy.
Innovate UK Business Connect
An organization that connects innovators with partners and opportunities to accelerate the development of real-world solutions for complex global challenges.
What's next for MOPO?
With this major enterprise-level funding, MOPO is expected to prioritize the expansion of its distribution network and the optimization of its battery-as-a-service technology. The company's roadmap likely includes deepening its penetration in existing markets while exploring new geographic territories where energy infrastructure remains underdeveloped. By maintaining a focus on operational efficiency and community-centric service delivery, MOPO is well-positioned to solidify its market leadership in the off-grid energy sector. Future strategic initiatives will likely involve enhancing the durability and capacity of its portable power units, ensuring that the company remains at the forefront of the global transition toward decentralized, renewable energy systems.
See full MOPO company page
