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Koolboks

Black-owned renewable energy platform, Koolboks, announced the close of its $2.5 million seed funding round.  The funding round, led by Nigeria-based growth equity fund Aruwa Capital Management, also included participation from Acumen, Blue Earth Capital, All On, GSMA, and other investors.  Koolboks, founded in 2018 by Ayoola Dominic and Deborah Gael, has provided a solution to Africa’s inconsistent and erratic power supply. The company has designed generated refrigerators without power to offer accessible cold storage solutions to businesses and citizens across Africa.  The company also offers 24-hour refrigeration sourced from