What is Persistent Energy?
Persistent Energy operates as Africa's Climate Venture Builder, established in 2012 with the mission to drive climate-positive economic development. The company partners with early-stage ventures, offering crucial financial backing and strategic guidance to entrepreneurs focused on sustainability. Persistent's impact is evident in its portfolio companies, which have demonstrated considerable growth, job creation, and significant CO2 reduction, proving that competitive financial returns can align with positive social and environmental outcomes. Their comprehensive services include governance, technical expertise, and operational support, solidifying their role in emerging African markets.
How much funding has Persistent Energy raised?
Persistent Energy has raised a total of $10M across 1 funding round:
Series C
$10M
Series C (2022): $10M with participation from Kyuden International
Key Investors in Persistent Energy
Kyuden International
Kyuden International, a subsidiary of Japan's Kyushu Electric Power Company, specializes in overseas Independent Power Producer (IPP) business and energy solutions. With extensive experience in power generation and supply, Kyuden Inter supports global IPP projects and the microgrid market, aligning with Persistent Energy's focus on sustainable energy development.
What's next for Persistent Energy?
With a major strategic investment and substantial enterprise-level backing, Persistent Energy is poised for accelerated growth and expanded impact. The company's Series C funding context suggests a transition towards scaling its operations and potentially broadening its investment thesis within the climate tech and sustainability sectors across Africa. Future initiatives will likely focus on further developing its portfolio companies, enhancing its service offerings, and solidifying its position as a leader in climate-focused venture building, aiming to achieve both significant financial returns and measurable climate benefits.
See full Persistent Energy company page
