About Raino
Raino is a company based in Nairobi (Kenya) founded in 2014.. Raino has raised $450 thousand across 6 funding rounds from investors including Shell Foundation, Katapult and GrowthAfrica. Raino offers products and services including Markiti Platform, Solar Refrigeration, and Cold Chain Logistics. Raino operates in a competitive market with competitors including Solar Panda, One Degree Solar, SolarGen Technologies, Solibrium-solar and Sethstar Enterprises, among others.
- Headquarter Nairobi, Kenya
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Sectors
Energy & UtilitiesTransportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$450 K (USD)
in 6 rounds
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Latest Funding Round
$200 K (USD), Seed
Feb 15, 2024
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Investors
Shell Foundation
& 6 more
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Employee Count
Employee Count
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Products & Services of Raino
Raino offers a comprehensive portfolio of products and services, including Markiti Platform, Solar Refrigeration, and Cold Chain Logistics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform connecting supply and demand in value chains
Affordable solar-powered storage to preserve perishables
Shared system for transporting perishables to markets
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Funding Insights of Raino
Raino has successfully raised a total of $450K across 6 strategic funding rounds. The most recent funding activity was a Seed round of $200 thousand completed in February 2024. 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 6
- Last Round Seed — $200,000
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First Round
First Round
(12 Aug 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Seed - Raino | Valuation | Catalyst Fund |
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| Nov, 2022 | Amount | Seed - Raino | Valuation |
investors |
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| Sep, 2022 | Amount | Grant - Raino | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Raino
Raino has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Shell Foundation, Katapult and GrowthAfrica. 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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Pre-seed funding and acceleration are provided to technology companies.
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Venture capital investments are made in African startups.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Raino
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 - Raino
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Raino Comparisons
Competitors of Raino
Raino 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 Solar Panda, One Degree Solar, SolarGen Technologies, Solibrium-solar and Sethstar Enterprises, 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 |
Manufacturer of solar powered products
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| domain | founded_year | HQ Location |
Solar products are provided for off-grid rural markets in Africa.
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| domain | founded_year | HQ Location |
Solar powered products are manufactured and supplied globally.
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| domain | founded_year | HQ Location |
Offers pay-as-you-go solar solutions for homes and businesses in rural areas.
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| domain | founded_year | HQ Location |
Manufactures solar-powered products, including panels and integrated energy systems.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Raino
Frequently Asked Questions about Raino
When was Raino founded?
Raino was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is Raino located?
Raino is headquartered in Nairobi, Kenya.
Is Raino a funded company?
Raino is a funded company, having raised a total of $450K across 6 funding rounds to date. The company's 1st funding round was a Grant of $100K, raised on Aug 12, 2019.
What does Raino do?
Raino was founded in 2014 in Nairobi, Kenya, within the logistics sector. Truck transportation services are offered specifically for cold chain needs, ensuring temperature-controlled delivery of perishable goods. Operations are based in Kenya, supporting regional supply chains. The company is led by Managing Director Francis Nderitu. Focus is maintained on reliable transport solutions for industries reliant on intact cold chains.
Who are the top competitors of Raino?
Raino's top competitors include Solar Panda, One Degree Solar and SolarGen Technologies.
What products or services does Raino offer?
Raino offers Markiti Platform, Solar Refrigeration, and Cold Chain Logistics.
Who are Raino's investors?
Raino has 7 investors. Key investors include Shell Foundation, Katapult, GrowthAfrica, The Catalyst Fund, and Good Food Innovation Fund.
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