Hydrobox

Powering up Africa through a renewable energy revolution

General Information
Company Name
Hydrobox
Founded Year
2018
Location (Offices)
Belgium +3
Founders / Decision Makers
Number of Employees
34
Industries
Energy, Renewable Energy
Funding Stage
Series Unknown
Social Media

Hydrobox - Company Profile

Hydrobox NV is a Belgian startup founded in 2018, with a mission to power up Africa through a renewable energy revolution. The company focuses on developing hydro power plants that harness the energy of running water and convert it into electricity. Their aim is to provide an affordable, reliable, sustainable, and scalable source of electricity for rural households in developing countries. According to their slogan, Hydrobox aims to address the fundamental need for power as a prerequisite for economic and social development. Their innovative approach enables them to potentially power between 2,000 and 20,000 individuals, SMEs, professional agriculture, and local industry with each future Hydrobox installment. The most recent milestone for Hydrobox was the last investment of $800.00K in a Venture Round by bettervest GmbH on 22 August 2022. This investment demonstrates the confidence of the investors in Hydrobox's vision and potential impact. Based in Belgium, the company's operations and developments are strategically positioned in a region known for its innovation and commitment to renewable energy solutions. Overall, Hydrobox's focus on renewable energy, specifically hydro power, aligns with the global movement towards sustainable and clean energy sources. The recent investment provides a solid foundation for the company's growth and emphasizes the interest and support from the investment community in advancing renewable energy solutions for the future.

Taxonomy: Hydropower, Off-grid, Mini-grid, Smart Power Plant, AI Technology, Electrification, Rural Development, Energy, Turbine, Smart Grid, Kenya, Turnkey Solution, Reliability

Funding Rounds & Investors of Hydrobox (1)

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Funding Stage Amount No. Investors Investors Date
Venture Round $800.00K 1 bettervest GmbH 22 Aug 2022

Latest News of Hydrobox

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No recent news or press coverage available for Hydrobox.

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