Wetility (Series A)
Funding Details
- Awarder
- RSS - news.google.com
- Date Award
- May 30, 2025
- Vertical
- Energy
- Funding URL
- View Funding Page
- Funding Amount:
- $50,000,000
Company Info
- Traction
- Wetility aims to reach one million customers by 2029 and has reported users saving up to 90% on energy bills.
- Organizations Involved
- MultiChoice
- Founders
- Ikenna Oguguo
- Company Description
- Wetility is a South African energy startup that aims to reinvent power delivery by providing reliable, clean, affordable, and enjoyable electricity through its flagship Beast Bundle, which combines modular solar hardware, localized financing, intelligent software, and bundled services.
- Market
- Residential, township, and SME sectors
- Location
- South Africa