Sturdee Energy

Johannesburg, South Africa Founded: 2016 • Age: 10 yrs
Developer of solar energy projects
Annual revenue - Latest available
Total funding $44.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Sturdee Energy

Sturdee Energy is a company based in Johannesburg (South Africa) founded in 2016. 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. Sturdee Energy operates in a competitive market with competitors including groSolar, Wetility, Mulilo, Sun Exchange and Segen Solar, among others.

  • Headquarter Johannesburg, South Africa
  • Sectors
    Energy & Utilities
  • Phone
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  • Website
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  • Social
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  • Legal Name Sturdee Energy Southern Africa (Pty) Ltd.
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $44 M (USD)

    in 1 rounds

  • Latest Funding Round
    $44 M (USD), Series C

    Dec 09, 2024

  • Investors
    Swedfund

    & 1 more

  • Employee Count
    Not available
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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.

Product name locked
Category locked
Primary

Develops and operates solar power projects for clients in Africa.

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Manages wind energy projects across sub-Saharan Africa.

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Operates run-of-river hydro initiatives for sustainable power.

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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.

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.

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Venture Fund
Investor Description Founded Year Domain Location
Early-stage SMEs are invested in by government-operated Swedfund.
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Private equity investment firm
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Investor details for Sturdee Energy

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Investments & Acquisitions by Sturdee Energy

Investments
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Investment portfolio details for Sturdee Energy

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Sturdee Energy

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Detailed financials for Sturdee Energy

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Sturdee Energy Comparisons

Sturdee Energy Primary company
Description
Developer of solar energy projects
Location
Johannesburg, South Africa
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Sturdee Energy

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Competitors of Sturdee Energy

Sturdee Energy 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 groSolar, Wetility, Mulilo, Sun Exchange and Segen Solar, among others.

Company Name Domain Founded year HQ Location Description
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Solar Distribution and Installation
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Solar energy projects are developed in South Africa.
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Solar energy projects are developed by Mulilo in South Africa.
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Solar power and storage solutions are developed for midsize organizations.
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Wholesaler providing solar panels, inverters, and supplies for renewable energy projects.
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Detailed competitors of Sturdee Energy

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Latest news on Sturdee Energy

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Complete news archive for Sturdee Energy

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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.

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's top competitors include groSolar, Wetility and Mulilo.

Sturdee Energy offers Solar PV Projects, Wind Projects, Hydro Projects, and Battery Storage Solutions.

Sturdee Energy has 2 investors. Key investors include Swedfund, and IFU.

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