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Okra Solar closes AU $3m million in Pre-Series A round

Okra Solar, an Australian renewable energy deep-tech company, and previous winner of the TechCrunch Hardware Battlefield, has raised US $2.1 million to scale up their distribution of IoT-enabled Mesh-Grids in order to bring power to the 770 million people living off-grid globally. SYDNEY, June 23, 2022 /PRNewswire/ Two family offices, Explorer InvestmentsandDidendum, led the $2.1 million investment round into Okra Solar, alongsideSchneider Electric Energy Access&Autodesk Foundation. SDGx, a private UN Sustainable Development Goals (SDGs) technology fund and advisory group, which invests exclusively in companies that can potentially reduce or remove 500MT of greenhouse gas emissions per year within the next decade, also invested. Okra Solar's proprietary hardware and software solutions enable access to productive and renewable electricity across the Nigeria, Philippines, Haiti and Cambodia. The $2.1 million funding will be used to scale up commercial operations and product deve ....

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