Africa: Persistent Energy Raises $10m to Grow Its Clean-Tech Venture Building Business in Africa

13 July 2022
TechCrunch (San Francisco)
By Annie Njanja

Persistent Energy has raised $10 million in Series C funding to grow its climate venture building business in Africa, in a round led by Kyuden International Corporation, a subsidiary of the Japanese Kyushu Electric Power Group, and Financial Sector Deepening (FSD) Africa Investments.

The equity round also had the participation of six new private investors, high-net-worth individuals and businesspersons, including Kotaro Tamura, as well as existing investors like BK Ventures BV and DPI Energy Ventures.

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