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Husk Power Systems
About
Husk is the leading net-zero energy company serving rural Africa and Asia and operator of the largest fleet of community solar microgrids
- 251 - 500
Details
- Last Funding Type
- Series C
- Last Funding Money Raised
- $20M
- Industries
- Energy,Energy Efficiency,Renewable Energy,Social Entrepreneurship,Solar
- Founded date
- Jan 1, 2008
- Number Of Employee
- 251 - 500
- Operating Status
- Active
Husk Power Systems owns, builds and operates solar-hybrid microgrids that serve off-grid and weak-grid communities in rural Sub-Saharan Africa and South Asia. It provides its business and residential customers with 100% renewable electricity and access to energy efficient appliances. In the process, it is contributing to climate resilience while also avoiding a significant amount of emissions from diesel generation.The company is a catalyst for economic growth and social well-being, helping rural communities increase incomes and create employment by starting or expanding microenterprises and running electricity-operated machines that increase productivity. It also provides reliable power to local clinics and schools and education, improving healthcare and educational outcomes. Husk Power Systems was founded by co-founded by CEO Manoj Sinha in 2008 and is based in the United States, with operations in India and Nigeria.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jan 15, 2018 | Series C | $20M | 1 | — | — | Detail |
| Jul 1, 2009 | Grant | $250K | 1 |
DFJ Element
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
DFJ Element
|
Yes | Grant |
Engie
|
— | Series C |
