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

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