enee.io secures £180k from All On to scale Nigerian sales operations.
All On has provided a seed follow-on investment to expand the company's sales footprint in Nigeria.
enee.io is a technology firm that designs advanced energy monitoring systems and intelligent software solutions for renewable energy management. Established in Manchester, the company provides tools to track consumption and improve efficiency in the off-grid sector.
Energy monitoring technology firm enee.io has secured £180k in seed follow-on investment from impact investor All On. The capital will be directed towards scaling the company's sales operations within Nigeria to broaden its reach in the off-grid energy sector.
All On, an impact investment company seeded by Shell, backed the round to support technologies that expand energy access and improve renewable infrastructure in the region. The fresh funds will help enee.io accelerate its rollout across Nigeria, offering data-driven systems to assist businesses and communities in moving away from unreliable grid supplies and diesel generation.
From the founder
"We’re thrilled to have All On as a strategic investor. Their deep understanding of the Nigerian energy landscape, and their commitment to scaling impactful clean energy solutions, makes them an ideal partner for enee.io. This investment will accelerate our rollout across Nigeria, helping more businesses and communities move away from inadequate grid supply and expensive diesel, and towards more reliable and affordable energy powered by smarter, data-driven systems."
David Smith
CEO at enee.io
Investor perspective
"At All On, our mission is rooted in creating opportunities for communities that have been excluded from sustainable energy conversations. By investing in enee.io, we are supporting a platform that enables Nigerians to manage their energy consumption, cut wastage and maximize the performance of their energy devices"
Oluseye Bassir
Investment Manager, All On
Use of funds
- 01Invest in sales and marketing
Investors
Categories
About the company
enee.io
enee.io develops sophisticated energy monitoring systems for renewable energy management.