IP Group has backed Azuri Technologies, which markets pay-as-you-go solar-powered appliances to households in sub-Saharan Africa.
UK-based solar technology producer Azuri Technologies attracted $26m yesterday in a round backed by commercialisation firm IP Group and led by diversified conglomerate Marubeni.
Founded in 2012, Azuri Technologies supplies pay-as-you-go solar energy systems to households in sub-Saharan Africa that lack access to an electricity grid. The products are distributed via local partners.
Its offering includes AzuriTV, a package consisting of a solar panels, a television, access to local and international satellite broadcasters, LED lights and a torch,…
