UpEnergy

Kampala, Uganda Founded: 2011 • Age: 15 yrs
Clean energy products are delivered to rural households in Uganda.
Annual revenue - Latest available
Total funding - 4 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About UpEnergy

UpEnergy was established in 2011 and is headquartered in Kampala, Uganda. Operations focus on the clean energy sector, where partnerships with technology manufacturers and local entities are formed to distribute affordable products, including efficient cookstoves, water purification systems, and solar lighting, to underserved rural communities across the region.

  • Headquarter Kampala, Uganda
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $1.16 M (USD), Grant

    Nov 18, 2025

  • Investors
  • Employee Count
    Employee Count
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People of UpEnergy

Headcount 50-200
Employee Profiles 30
Employee Profiles
People
Frank Mfune
Group Finance Associate
People
Amrita Mahtani
Head, Safe Water
People
Jesca Katisume
Data Analyst, Uganda
People
Ntchindi Msuku
Data Associate, Malawi

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Funding Insights of UpEnergy

  • Total Funding
  • Total Rounds 4
  • Last Round Grant — $1.2M
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2025 Amount Grant - UpEnergy Valuation

investors

Aug, 2015 Amount Debt – Conventional - UpEnergy Valuation

investors

Jan, 2014 Amount Series A - UpEnergy Valuation

investors

Investors in UpEnergy

UpEnergy has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include GlobalHearthWorks Foundation, Finnfund and Climate Wedge.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in sustainable development projects in developing countries.
Founded Year Domain Location
A community foundation dedicated to investing in environmental causes.
Founded Year Domain Location
-
Founded Year Domain Location

Investments & Acquisitions by UpEnergy

Investments

Financial Statements - UpEnergy

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Competitors of UpEnergy

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Frequently Asked Questions about UpEnergy

UpEnergy was founded in 2011 and raised its 1st funding round 2 years after it was founded.

UpEnergy is headquartered in Kampala, Uganda.

UpEnergy was established in 2011 and is headquartered in Kampala, Uganda. Operations focus on the clean energy sector, where partnerships with technology manufacturers and local entities are formed to distribute affordable products, including efficient cookstoves, water purification systems, and solar lighting, to underserved rural communities across the region.

UpEnergy has 4 investors. Key investors include GlobalHearthWorks Foundation, Finnfund, Climate Wedge, and Clean Cooking Org.

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