Switch Electric

Simplifying the solar revolution

General Information
Company Name
Switch Electric
Founded Year
2020
Location (Offices)
Nsukka, Nigeria +1
Founders / Decision Makers
Number of Employees
10
Industries
Blockchain, Defi, Renewable Energy +2
Funding Stage
Grant
Social Media

Switch Electric - Company Profile

Switch Electric is a Nigeria-based startup that aims to revolutionize the energy sector in Africa with a focus on clean and accessible technologies. The company, founded in 2020, is committed to simplifying the solar revolution and has set forth an ambitious vision to displace centralized power plants by 2025 and enable cost-effective decentralized energy supply for all of Africa's 1 billion people by 2100. With an emphasis on technology and finance, Switch Electric has positioned itself to set new standards for home improvement and aims to achieve its mission through an integrated platform. This platform includes real-time metering of energy use, calculation of price differences between different energy sources, and software that enables households and businesses to choose an electricity supplier based on their carbon footprint preferences. The company's recent $20.00K grant investment from IoTeX on 10 January 2023 serves as a testament to investor confidence in its mission. Switch Electric operates within the Blockchain, Web3, and Clean Energy industries, showcasing its commitment to innovative and sustainable solutions for the future.

Taxonomy: Solar Energy, Clean Technology, Decentralized Energy, Technology Innovation, Energy Generation, Smart Metering, Energy Storage, Digital Assets, Business Models, Finance Expertise, Africa, Home Improvement

Funding Rounds & Investors of Switch Electric (1)

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Funding Stage Amount No. Investors Investors Date
Grant $20.00K 1 10 Jan 2023

Latest News of Switch Electric

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No recent news or press coverage available for Switch Electric.

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