Hydrobox
View this profile on Briter Intelligence platformType
startup
Founded
2018
Funding captured
$9.0m
Deals captured
1
About Hydrobox
Hydrobox is a developer of run-of-river hydropower stations in Africa. Hydrobox was experiencing energy losses in the process of distribution through their mini-grids. Additionally, they wanted to optimize balancing power production and consumption for their existing and new mini-grid projects.
Solution Yetu Smart Grids introduced a harmonious solution, achieving a balance between consumption and production through a hydro-solar approach, effectively curbing losses via medium-voltage connections, and enhancing the financial viability of the mini-grid system.
Hydrobox funding captured (1)
Deal type | Stage | Date | Amount | Investors |
---|---|---|---|---|
Debt | Unspecified | Nov 26, 2024 | $9.0m |