Zola Electric closes $90M funding round to scale technology and enter new markets

Zola Electric closes $90M funding round to scale technology and enter new markets

a month ago
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https://techcrunch.com/2021/09/23/zola-electric-closes-90m-funding-round-to-scale-technology-and-enter-new-markets/

Millions of people in sub-Saharan Africa and emerging markets continue to live without access to electricity. Some reports peg these numbers between 500 million and 2 billion people despite the prevalence of renewable energy providers in these regions.

Zola Electric, one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy.