NXT Grid
Hundreds of millions of Africans don't have reliable, clean power. Solar mini-grids could replace polluting diesel generators—the technology of choice in most rural areas—but financing is tough.
The Idea
One-stop Shop for African Solar Mini-Grids
Total Investment
600000
Grants
250000
Equity/SAFE
0
Debt/Convertible Debt
Funded Since
2021
Geography
Sector
Structure
The Mission
Clean electricity for rural Africa.
How It Works
NXT Grid provides software to help small mini-grid developers finance, build, and operate grids. The product automates design, sizing, payments, and demand control, making it possible for non-engineers to profitably run grids.
The Dream
A profitable, decentralized market where thousands of local businesses operate solar mini-grids, providing reliable power to millions in rural Africa.
Why We're In
NXT Grid is solving one of the toughest problems in mini-grids: local developer capacity and financing. Their pivot to software and asset-light operations is smart, but success depends on getting developers funded directly and reducing their own working capital exposure.
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Are you a serious funder and want to learn more?
This is just a snapshot of what we know about the organization. If you're an investor or funder that might send some serious dough their way, we're always delighted to share more. Reach out and we'll connect you with the right person on our team.
*this is not monitored for funding requests.