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
- SectorsEnergy & Utilities
- Website upenergygroup.com
- Social LinkedIn X
- Latest Funding Round$1.16M (USD), Grant
Nov 2025
- InvestorsGlobalHearthWorks Foundation
& 3 more
Funding Insights of UpEnergy
- Total Rounds 4
- Last Round Grant — $1.16M
- Investors Count 4
All 4 funding rounds of UpEnergy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2025 | $1.16M | Grant | – | – | – |
| Aug 2015 | – | Debt – Conventional | – | – | |
| Jan 2014 | – | Series A | – | – | |
| Mar 2013 | – | Grant | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in sustainable development projects in developing countries. | – | finnfund.fi | - | |
A community foundation dedicated to investing in environmental causes. | 2013 | globalhearthworks.org | Cambridge, United States | |
- | – | climatewedge.com | - | |
- | – | cleancooking.org | - |
Investor details for UpEnergy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of UpEnergy
29 people are tracked at UpEnergy (10 in leadership, 19 in team).
| Name | Role | Group |
|---|---|---|
Amrita Mahtani | Head, Safe Water | Leadership |
Anantha Karthik Rajagopalan | Director, Carbon Programme | Leadership |
Matt Evans | Director | Leadership |
Alex Rau | Director | Leadership |
Mitch Sauers | CEO | Leadership |
Lafelle Chu | Country Director, Uganda | Leadership |
Ivan Topalov | CFO | Leadership |
Dunstan Rukare | Director, Financial Operations | Leadership |
Andrew Wanyaka | Head, Data, Monitoring & Evaluation | Leadership |
Vibhav Nuwal | Climate Finance Director | Leadership |
Frank Mfune | Group Finance Associate | Team |
Jesca Katisume | Data Analyst, Uganda | Team |
Ntchindi Msuku | Data Associate, Malawi | Team |
Deborah Nansumba | Divisional Manager, Sales | Team |
Vanessa Bodole | Procurement And Supply Chain Associate | Team |
Onan Akoragye | Customer Service Officer, Uganda | Team |
Florence Araka | Data Support Associate | Team |
Maina Munthali | Finance & Admin Associate | Team |
Jesse Sekibombo | Finance Manager, Uganda | Team |
Rygard Ntemena | Finance & Operations Manager, Malawi & Zambia | Team |
9 more people are available in the full profile.
Complete people profiles for UpEnergy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of UpEnergy
3 dated milestones of UpEnergy across 14 years, from founding to its latest funding, stage changes and deals.
- Founded UpEnergy is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $1.2M.
Web traffic of UpEnergy
The website of UpEnergy (upenergygroup.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 31.7% vs previous month
Latest news on Upenergy
Complete news archive for UpEnergy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to UpEnergy
10 companies that operate in the same segment as UpEnergy (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 374.18 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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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.