About Lekela Power
Lekela Power is a company based in London (United Kingdom) founded in 2015 was acquired by Masdar in June 2022.. Lekela Power has raised $117.5 million across 3 funding rounds from investors including Africa Finance Corporation, Masdar and DFC. The company has 22 employees as of January 31, 2022. Lekela Power operates in a competitive market with competitors including Octopus Energy, ScottishPower, EDP Renewables, Acciona Energy and Boralex, among others.
- Headquarter London, United Kingdom
- Employees 22 as on 31 Jan, 2022
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lekela Advisors Limited
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Annual Revenue
$9.17 M (USD)0as on Dec 31, 2022
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Net Profit
$570.25 K (USD)77as on Dec 31, 2022
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EBITDA
$655.85 K (USD)92as on Dec 31, 2022
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Total Equity Funding
$117.5 M (USD)
in 3 rounds
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Latest Funding Round
$250 M (USD), Debt – Conventional
Sep 22, 2016
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Investors
Africa Finance Corporation
& 4 more
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Employee Count
22
as on Jan 31, 2022
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Acquired by
Masdar
(Jun 06, 2022)
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Funding Insights of Lekela Power
Lekela Power has successfully raised a total of $117.5M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $250 million completed in September 2016. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $250.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Debt – Conventional - Lekela Power | Valuation |
investors |
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| Jun, 2016 | Amount | Series B - Lekela Power | Valuation | IFC Asset Management Company |
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| Feb, 2015 | Amount | Seed - Lekela Power | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lekela Power
Lekela Power has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Africa Finance Corporation, Masdar and DFC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government agency supporting the development of SMEs
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Founded Year | Domain | Location | |
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Capital is mobilized and invested in sustainable emerging market companies.
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Founded Year | Domain | Location | |
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Masdar is recognized as a pioneer in clean energy solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lekela Power
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lekela Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lekela Power Comparisons
Competitors of Lekela Power
Lekela Power 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 Octopus Energy, ScottishPower, EDP Renewables, Acciona Energy and Boralex, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Utility bill management platform is provided for tracking and billing.
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| domain | founded_year | HQ Location |
Wind energy is generated, transmitted, and distributed by ScottishPower.
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| domain | founded_year | HQ Location |
Generation of wind power
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| domain | founded_year | HQ Location |
Renewable energy is developed, constructed, and marketed globally.
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| domain | founded_year | HQ Location |
Developer of renewable energy projects
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| domain | founded_year | HQ Location |
Renewable energy is produced and supplied, with thermal plants operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lekela Power
Frequently Asked Questions about Lekela Power
When was Lekela Power founded?
Lekela Power was founded in 2015.
Where is Lekela Power located?
Lekela Power is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Lekela Power a funded company?
Lekela Power is a funded company, having raised a total of $117.5M across 3 funding rounds to date.
How many employees does Lekela Power have?
As of Jan 31, 2022, the latest employee count at Lekela Power is 22.
What is the annual revenue of Lekela Power?
Annual revenue of Lekela Power is $9.17M as on Dec 31, 2022.
What does Lekela Power do?
Lekela Power was founded in 2015 and is headquartered in London, United Kingdom. Operations are centered on renewable energy generation in the wind and solar sectors throughout Africa. Wind and solar power is produced and delivered as an independent power platform. The company sponsors the Global African Investment Summit in London to support investment in African energy projects.
Who are the top competitors of Lekela Power?
Lekela Power's top competitors include Octopus Energy, ScottishPower and EDP Renewables.
Who are Lekela Power's investors?
Lekela Power has 5 investors. Key investors include Africa Finance Corporation, Masdar, DFC, IFC Asset Management Company, and Infinity Energy.