About Mobisol
Mobisol is an Energy & Utilities company based in Berlin (Germany) founded in 2010, and was acquired by Engie in September 2019. Solar systems are offered with pay-as-you-go options in East Africa. Mobisol has raised $26.95 million across 8 funding rounds from investors including Deutsche Bank, Gov.uk and ENGIE. Mobisol has completed 1 acquisition, including Lumeter. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and DERMS. Its legal entity is Mobisol GmbH. Its competitors include Younicos, Energy & Meteo Systems and Beegy; 1 of its 3 listed competitors has raised funding.
Company details
Mobisol offers solar systems for residential and small business purposes with sizes ranging from 80 to 200 W. The company offers pay-as-you-go installment option for which installment can be made mobile banking services like M-pesa. Mobisol has installed over 40,000 solar home systems on households and businesses in East Africa as of April 2016. Mobisol is chosen as a 2016 Bloomberg New Energy Pioneer.
- Headquarters Berlin, Germany
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Website plugintheworld.com
- Social LinkedIn X Facebook
- Acquired by Engie (Sep 2019)
- Legal Name Mobisol Gmbh
- Annual Revenue$14.49 M (USD)-28as on Dec 31, 2017
- Net Profit-$15.13 M (USD)-24as on Dec 31, 2017
- EBITDA-$14.02 M (USD)-9as on Dec 31, 2017
- Total Equity Funding$26.95M (USD)
in 8 rounds
- Latest Funding Round$11.42M (USD), Series B
Jul 2017
- InvestorsDeutsche Bank
& 10 more
- Investments & Acquisitions
- Acquired byEngie
(Sep 2019)
Funding Insights of Mobisol
Mobisol has successfully raised a total of $26.95M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $11.42 million completed in July 2017. 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 $26.95M
- Total Rounds 8
- Last Round Series B — $11.42M
- Investors Count 10
All 8 funding rounds of Mobisol with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
11 investors in total: 11 institutional.
Investors in Mobisol
Mobisol has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Deutsche Bank, Gov.uk and ENGIE.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in sustainable development projects in developing countries. | finnfund.fi | |||
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands | |
Private equity firm focused on growth equities | deginvest.de | Cologne, Germany | ||
Africa's economic development is advanced by private initiatives of AECF. | 2007 | aecfafrica.org | Nairobi, Kenya | |
| investecassetmanagement.com | ||||
Diversified banking and financial services are provided globally. | 1870 | db.com | Frankfurt Am Main, Germany | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Mobile ecosystem interests are represented through global collaboration by GSMA. | 1995 | gsma.com | London, United Kingdom | |
Online government services and information are provided to users. | 1707 | gov.uk | London, United Kingdom |
Investor details for Mobisol
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Investments & Acquisitions by Mobisol
Mobisol has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lumeter.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Pre-paid electricity meters and accounting platforms | lumeter.net | Santa Barbara, United States | 2012 | Jun 2017 | •••• |
Complete acquisition details for Mobisol
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
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- Exports
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Competitors of Mobisol
Mobisol has 3 listed competitors in our database, 1 of them funded. They include Younicos, Energy & Meteo Systems and Beegy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| younicos.com | 2005 | Berlin, Germany | $56.88M | Battery parks and microgrid systems | ||
| energymeteo.com | 2004 | Oldenburg, Germany | 84 | Virtual power plant software and forecasting software for solar and wind farms | ||
| beegy.com | 2014 | Mannheim, Germany | Provides energy solutions for photovoltaics, electromobility, and heat management systems. |
Detailed competitors of Mobisol
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Related news about Mobisol
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Frequently Asked Questions about Mobisol
Mobisol was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Mobisol is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Mobisol is a funded company, having raised a total of $26.95M across 8 funding rounds to date.
Annual revenue of Mobisol is $14.49M as on Dec 31, 2017.
Mobisol offers solar systems for residential and small business purposes with sizes ranging from 80 to 200 W. The company offers pay-as-you-go installment option for which installment can be made mobile banking services like M-pesa. Mobisol has installed over 40,000 solar home systems on households and businesses in East Africa as of April 2016. Mobisol is chosen as a 2016 Bloomberg New Energy Pioneer.
Mobisol's top competitors include Younicos, Energy & Meteo Systems and Beegy.
Mobisol has made 1 acquisition, including Lumeter.
Mobisol has 11 investors. Key investors include Deutsche Bank, Gov.uk, ENGIE, International Finance Corporation, and GSMA.
Mobisol operates through Mobisol Gmbh.
Yes. Mobisol was acquired by Engie in September 2019.