Industry Newsroom

Bill Gates’ Breakthrough Energy Ventures, Clean Energy Ventures, and Goodwell Investments Lead USD12m Series A for EM-Focused Energy Startup SparkMeter

Clean Energy Ventures, Breakthrough Energy Ventures (co-founded by Bill Gates), and Goodwell Investments, in partnership with Alitheia Capital and Total Energy Ventures, led a USD12m Series A for SparkMeter, a Washington, D.C.- and Kenya-based provider of energy grid management services, equipment, and software solutions across Africa, Asia, and the Americas. The funding brings SparkMeter’s total raised to around USD14.2m. Lateral Capital, Schmidt Family Foundation, Incite Capital, Powerhouse Fund, Shell Foundation, Factor[e], The E8 Fund are also investors in the startup. Read more