What is MOPO?
MOPO operates a unique business model focused on democratizing clean energy. Instead of direct sales, the company rents out portable, solar-charged batteries to individuals and communities lacking reliable grid access. This approach eliminates the need for substantial upfront equipment purchases or long-term financial commitments, making clean electricity affordable and accessible. By enabling users to power essential devices like lights and phones, MOPO directly replaces polluting and costly energy sources such as kerosene and petrol generators, fostering a transition towards a sustainable energy future.
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
UK Department for Energy Security & Net Zero
The UK Department for Energy Security & Net Zero is a government department focused on securing the nation's energy supply, reducing costs, and achieving net-zero emissions. Their investment in MOPO aligns with national strategies for sustainable energy and technological advancement.
Innovate UK Business Connect
Innovate UK Business Connect, formerly Innovate UK KTN, acts as a crucial connector for innovators, facilitating partnerships and accelerating the development of real-world solutions. Their backing suggests a belief in MOPO's innovative approach to energy access.
British International Investment
British International Investment is the UK's development finance institution, dedicated to supporting sustainable economic development in emerging markets. Their investment in MOPO underscores the company's potential for significant social and economic impact in Africa.
What's next for MOPO?
The substantial enterprise-level backing MOPO has received signals a strategic phase of scaling and market penetration. The recent major strategic investment is likely to fuel the expansion of its local hub network, enhance its battery technology, and broaden its operational reach across more off-grid regions. This capital infusion positions MOPO to further solidify its market leadership in providing accessible clean energy, potentially exploring new service offerings or partnerships to amplify its impact and accelerate the global shift away from fossil fuels.
See full MOPO company page
