Kofa, a Ghanaian-based energy tech company, has secured $8.1 million in a pre-Series A funding round to expand its battery-swapping network across Africa. The funding round, which comprised a mix of equity ($3.25 million), debt ($4.315 million), and $590,000 in grants, was led by E3 Capital and Injaro Investment Advisors, with support from the Shell Foundation and the UK Government’s Transforming Energy Access platform (TEA). Noteworthy European investors, such as Richard Thwaites, founder of Penso Power, also participated in the funding round. Who founded Kofa? The company was founded in 2022 by Erik
Enerpoly, a cutting-edge battery technology company led by Eloisa de Castro, has opened the world’s first zinc-ion battery megafactory. This new facility, located in Rosersberg, near Stockholm, is a massive step in the global efforts to transition from reliance on fossil fuels to renewable energy. Safer, Greener Batteries Batteries are vital to the transition away from fossil fuels, but energy storage needs to increase six-fold to meet COP28 goals of tripling global renewable energy capacity by 2030. The new 6,500m² Enerpoly Production Innovation Center (EPIC) aims to produce 100 MWh of
Cummins is hiring on pocitjobs.com Mayowa has his eyes set on the future. A native Nigerian, Mayowa realized early the role human exploration can play in impacting the environment. “I was looking to contribute, to create a movement, to make progress in that area, and I dedicated my life, my career to making advancement safer for future generations,” he said. In college, Alonge gained research experience developing an eco-friendly battery. That research landed him a six-month internship with Cummins Inc., which he knew of from their office in Lagos, Nigeria.
