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…

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