Provides clean, renewable, and affordable energy to poor households in the DRC.
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Altech, an energy company based in the DRC, secured $18 million in debt financing and grants. The debt was provided by Triple Jump’s Energy Entrepreneurs Growth Fund and Rabobank, while grants were provided by ANSER RDC and the Humanitarian Grand Challenge. Founded by Iongwa Mashangao and Washikala Malango, Altech provides clean, renewable, and affordable energy to poor households both on and off the grid, with a presence in 22 DRC provinces. The startup intends to open 30 new rural sales outlets and distribute 180,000 solar products, providing clean energy access to 900,000 Congolese.
| Date | Round | Amount | Lead |
|---|---|---|---|
| 23 Mata 2023 | $18.0M | — |