Series A Round Convertible Note
$6M valuation cap
5% interest-rate
10% discount
$0K raised
$1.5M target raise
In East Africa; electricity access is at 12% in Uganda; 14% in Tanzania and 18% in Kenya forcing more than 20m households to rely on dangerous kerosene lanterns for lighting. Kerosene lamps are not only causing 70% of house fires, indoor air population kills 600,000 Africans each year but also contributes to climate change. At least 270,000 tons of black carbon per year is estimated to be emitted from kerosene lamps worldwide, having a climate warming equivalent close to 240 million tons of CO2.

OneLamp leverages SMS & USSD technology to create a digital market place for solar energy systems while reducing supply chain inefficiencies from manufacturers to off-grid consumers, eliminating upfront product costs, and the time/money off-grid households currently spend purchasing dangerous kerosene fuel. To receive a solar system, off-grid households dial our sms short-code *265#. The application responds with a menu: 1. Buy solar, 2. Solar help 3. Solar feedback. To select a menu item ...
In East Africa; electricity access is at 12% in Uganda; 14% in Tanzania and 18% in Kenya forcing more than 20m households to rely on dangerous kerosene lanterns for lighting. Kerosene lamps are not only causing 70% of house fires, indoor air population kills 600,000 Africans each year but also contributes to climate change. At least 270,000 tons of black carbon per year is estimated to be emitted from kerosene lamps worldwide, having a climate warming equivalent close to 240 million tons of CO2.

OneLamp leverages SMS & USSD technology to create a digital market place for solar energy systems while reducing supply chain inefficiencies from manufacturers to off-grid consumers, eliminating upfront product costs, and the time/money off-grid households currently spend purchasing dangerous kerosene fuel. To receive a solar system, off-grid households dial our sms short-code *265#. The application responds with a menu: 1. Buy solar, 2. Solar help 3. Solar feedback. To select a menu item desired the customer presses ‘ok’. The Buy solar option allows off-grid clients to order the type of solar system they need by typing their name, location and then send the sms to OneLamp. OneLamp confirms the order then dispatches the solar system with an installation technician using a participating taxi motorcycle after debiting customers mobile money account instantly. Our direct local sales network overcomes the barriers of last mile distribution in rural areas where large shopping malls and tarmacked roads have not yet reached.
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Fledge11 (Barcelona 2017)
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Fledge11 (Barcelona 2017) The conscious company accelerator