About Okra Solar
Okra Solar is a company based in Sydney (Australia) founded in 2016 by Afnan Hannan. Okra Solar has raised $9.9 million across 6 funding rounds from investors including Schneider Electric, FMO and European Development Finance Institutions. Okra Solar offers products and services including Mesh-Grid Kits, Okra Pod, and Harvest. Okra Solar operates in a competitive market with competitors including BioLite, Husk Power Systems, ConnectDER, Fenix International and Mobisol, among others.
- Headquarter Sydney, Australia
- Founders Afnan Hannan
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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
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- Legal Name Okra Solar Pty Ltd
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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
$9.9 M (USD)
in 6 rounds
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Latest Funding Round
$7.8 M (USD), Series A
Sep 04, 2023
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Investors
Schneider Electric
& 12 more
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Employee Count
Not available
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Products & Services of Okra Solar
Okra Solar offers a comprehensive portfolio of products and services, including Mesh-Grid Kits, Okra Pod, and Harvest.
Plug-and-play kits for off-grid electrification deployment.
Smart charge controller for energy monitoring and management.
App for planning and operating energy access projects.
People of Okra Solar
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Funding Insights of Okra Solar
Okra Solar has successfully raised a total of $9.9M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $7.8 million completed in September 2023. 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 Okra Solar
Okra Solar has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Schneider Electric, FMO and European Development Finance Institutions.
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Development financing is provided for entrepreneurial ventures in emerging markets.
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Investor details for Okra Solar
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Investments & Acquisitions by Okra Solar
Investment portfolio details for Okra Solar
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Financial Statements - Okra Solar
Detailed financials for Okra Solar
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- Profit trends
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Okra Solar Comparisons
Peer comparison for Okra Solar
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Competitors of Okra Solar
Okra Solar 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 BioLite, Husk Power Systems, ConnectDER, Fenix International and Mobisol, among others.
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Energy generation from wooden biomass, powerbank and solar kit
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Hybrid renewable energy solutions are provided for rural communities.
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Solutions for microgrid integration with main grids are provided.
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Plug-and-play smart batteries are produced for off-grid energy storage.
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Solar systems are offered with pay-as-you-go options in East Africa.
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Detailed competitors of Okra Solar
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Latest news on Okra Solar
Complete news archive for Okra Solar
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Frequently Asked Questions about Okra Solar
Okra Solar was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Okra Solar is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Okra Solar is a funded company, having raised a total of $9.9M across 6 funding rounds to date.
Okra Solar was founded in 2016 in Sydney, Australia, within the renewable energy sector. A peer-to-peer platform for solar power sharing is provided, allowing integration of existing installations into a common grid. Excess generated power, previously wasted, is redirected toward productive applications and extended to supply neighboring areas without power. Operations focus on efficient energy distribution and utilization.
Okra Solar's top competitors include Husk Power Systems, BioLite and ConnectDER.
Okra Solar offers Mesh-Grid Kits, Okra Pod, and Harvest.
Okra Solar has 13 investors. Key investors include Schneider Electric, FMO, European Development Finance Institutions, European Union, and Susquehanna.