About ARNERGY
ARNERGY is a company based in Lagos (Nigeria) founded in 2013 by Femi Adeyemo. ARNERGY has raised $30 million across 3 funding rounds from investors including Norfund, British International Investment and CardinalStone. ARNERGY offers products and services including Arnergy ZeD Lite, AGEN, Inaeko, and Opulence Series. ARNERGY operates in a competitive market with competitors including SolarCity, Sunrun, Sunnova, SunPower and Vivint Solar, among others.
- Headquarter Lagos, Nigeria
- Founders Femi Adeyemo
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$30 M (USD)
in 3 rounds
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Latest Funding Round
$18 M (USD), Series B
Apr 14, 2025
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Investors
Norfund
& 6 more
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Employee Count
Not available
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Products & Services of ARNERGY
ARNERGY offers a comprehensive portfolio of products and services, including Arnergy ZeD Lite, AGEN, Inaeko, and Opulence Series.
Portable solar system for reliable home power supply.
Solar solution for energy storage and usage.
Modular unit for scalable solar energy needs.
High-capacity solar setup for commercial applications.
People of ARNERGY
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Funding Insights of ARNERGY
ARNERGY has successfully raised a total of $30M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in ARNERGY
ARNERGY has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Norfund, British International Investment and CardinalStone.
| Investor | Description | Founded Year | Domain | Location |
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Climate solutions are advanced via venture capital and startup acceleration.
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Locked | Locked | Locked | |
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Government agency focused on small and medium-sized businesses
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It invests in developing countries to create jobs and improve lives
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Locked | Locked | Locked |
Investor details for ARNERGY
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Investments & Acquisitions by ARNERGY
Investment portfolio details for ARNERGY
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Financial Statements - ARNERGY
Detailed financials for ARNERGY
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Arnergy Comparisons
Peer comparison for ARNERGY
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of ARNERGY
ARNERGY operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SolarCity, Sunrun, Sunnova, SunPower and Vivint Solar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Solar power systems are designed, financed, and installed for clients.
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Solar energy services are provided to residential customers nationwide.
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Solar services are provided to residential and commercial customers.
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Silicon-based solar PV modules are manufactured for diverse applications.
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Provider of solar installation and designing services for residential
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Power retailing company
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Detailed competitors of ARNERGY
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Latest news on Arnergy
Complete news archive for ARNERGY
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Frequently Asked Questions about ARNERGY
ARNERGY was founded in 2013 and raised its 1st funding round 6 years after it was founded.
ARNERGY is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Femi Adeyemo is the current CEO of ARNERGY. They have also founded this company.
ARNERGY is a funded company, having raised a total of $30M across 3 funding rounds to date.
ARNERGY was founded in 2013 and is headquartered in Lagos, Nigeria. Solar power solutions are offered on a pay-as-you-go basis to residential and commercial clients in Nigeria and South Africa. Three packages of solar home systems are available, along with mini-grid solutions designed for rural electrification. Operations focus on the renewable energy sector to address electricity access in underserved areas.
ARNERGY offers Arnergy ZeD Lite, AGEN, Inaeko, and Opulence Series.
ARNERGY has 7 investors. Key investors include Norfund, British International Investment, CardinalStone, Breakthrough Energy, and Edfimc.