About Sturdee Energy
Sturdee Energy is an Energy & Utilities company based in Johannesburg (South Africa) founded in 2016. Developer of solar energy projects. Sturdee Energy has raised $44 million across 1 funding round from investors including Swedfund and IFU. Sturdee Energy offers products and services including Solar PV Projects, Wind Projects, Hydro Projects, and Battery Storage Solutions. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its legal entity is Sturdee Energy Southern Africa (Pty) Ltd. Its competitors include groSolar, Wetility and Mulilo; 2 of its 3 listed competitors have raised funding.
Company details
Sturdee Energy developer of solar energy projects, focusing on working in the energy sector, developing solar energy systems, project development services, project developers, and utility. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Johannesburg, South Africa
- SectorsEnergy & Utilities
- Website sturdee-energy.com
- Social LinkedIn X
- Legal Name Sturdee Energy Southern Africa (Pty) Ltd.
- Total Equity Funding$44M (USD)
in 1 rounds
- Latest Funding Round$44M (USD), Series C
Dec 2024
- InvestorsSwedfund
& 1 more
Products & Services of Sturdee Energy
Sturdee Energy offers a comprehensive portfolio of products and services, including Solar PV Projects, Wind Projects, Hydro Projects, and Battery Storage Solutions.
Develops and operates solar power projects for clients in Africa.
Manages wind energy projects across sub-Saharan Africa.
Operates run-of-river hydro initiatives for sustainable power.
Provides battery storage for energy projects and clients.
Funding Insights of Sturdee Energy
Sturdee Energy has successfully raised a total of $44M through 1 strategic funding round. The most recent funding activity was a Series C round of $44 million completed in December 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 $44M
- Total Rounds 1
- Last Round Series C — $44M
- First Round $44M
(Dec 2024)
- Investors Count 2
All 1 funding rounds of Sturdee Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in Sturdee Energy
Sturdee Energy has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Swedfund and IFU.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage SMEs are invested in by government-operated Swedfund. | 1979 | swedfund.se | Stockholm, Sweden | |
Private equity investment firm | 1967 | ifu.dk | Copenhagen, Denmark |
Investor details for Sturdee Energy
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People of Sturdee Energy
1 people are tracked at Sturdee Energy (1 in leadership).
| Name | Role | Group |
|---|---|---|
Andrew Johnson | Executive Director | Leadership |
Complete people profiles for Sturdee Energy
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Timeline of Sturdee Energy
2 dated milestones of Sturdee Energy across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Sturdee Energy is founded.
- Funding First funding round of $44.0M.
Competitors of Sturdee Energy
Sturdee Energy has 3 listed competitors in our database, 2 of them funded. They include groSolar, Wetility and Mulilo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| grosolar.com | 1998 | White River, South Africa | $28.59M | Solar Distribution and Installation | ||
| wetility.energy | 2019 | Johannesburg, South Africa | $37.21M | Solar energy projects are developed in South Africa. | ||
| mulilo.com | 2008 | Cape Town, South Africa | Solar energy projects are developed by Mulilo in South Africa. |
Detailed competitors of Sturdee Energy
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Web traffic of Sturdee Energy
The website of Sturdee Energy (sturdee-energy.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 136.3% vs previous month
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Frequently Asked Questions about Sturdee Energy
Sturdee Energy was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Sturdee Energy is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Sturdee Energy is a funded company, having raised a total of $44M across 1 funding round to date. The company's 1st funding round was a Series C of $44M, raised on Dec 2024.
Sturdee Energy developer of solar energy projects, focusing on working in the energy sector, developing solar energy systems, project development services, project developers, and utility. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Sturdee Energy offers Solar PV Projects, Wind Projects, Hydro Projects, and Battery Storage Solutions.
Sturdee Energy operates through Sturdee Energy Southern Africa (Pty) Ltd..