SOLshare

Bangladesh
Gaurnadi, Barisal Division, Bangladesh, 1206

Company profile

SOLshare company profile

Sustainable, affordable energy access for low income rural people is possible right now. Their decentralised peer-to-peer microgrids deliver solar power to households and businesses, and enable them to trade their (excess) electricity for profit. SOLshare has created a revolutionary new approach to bring affordable solar electricity to everyone in Bangladesh and beyond through its peer-to-peer solar energy trading platforms based on distributed ledger technology. They believe the smart peer to peer grids they are building in Bangladesh can be the future for utilities globally. SOLshare pioneers a micro-energy transition model 3.0 by interconnecting solar home systems in peer-to-peer networks, monetizing excess solar energy along the value chain in real time with mobile money and empowering communities to earn a direct income from the sun.

Business identity

Phone number
+27 82 426 7883
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$0-$1M
Founded
2015-01-01, Year

Headquarters

Postal code
1206
Country code
BD
Continent
Asia

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
6
Total equity funding
$5M
Last funding
Series A / $2.2M / 2024-06-02
Last equity funding
Series A / $2.2M
Investors
16
Lead investors
4
Founders
2
Articles
10

Founders and investors

Founders

Daniel CiganovicSebastian Groh

Lead investors

IIX Impact Partnersinnogy New Ventures LLCSangam VenturesSBK

Investors

Asian Development BankEuropean UnionFuture Energy VenturesMicrosoftSiemens