Ugandan electric cooking startup PowerUP raises seed funding for expansion - News Summed Up

Ugandan electric cooking startup PowerUP raises seed funding for expansion


Uganda-based electric cooking startup PowerUP has announced the initial close of its seed round to expand to new geographies and products. PowerUP develops and deploys smart-metered PAYGO electric stoves customised for the African markets, with these solutions having so far cleaned up cooking in over 40,000 homes across Kenya, Uganda, Tanzania, Zambia, and Ghana. PowerUP will use this new round of investment to expand its distribution presence, build its data platform, and launch its shared carbon programme. Our electric cooking solutions will save money, save time, and avoid harmful fumes for millions,” said CEO Kato Kibuka. PowerUP will start offering a new range of electric stoves later this year to address the diverse cooking styles across Africa.


Source: The North Africa Journal February 09, 2024 09:58 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */