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Azuri Technologies

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Azuri brings power to off-grid customers in rural emerging markets, combining solar and mobile technology to provide pay as you go access to power at scale.

Milton, United KingdomFounded 2012Energy
Valuation $100–250M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Azuri Technologies and the history behind them.

About Azuri Technologies

Azuri Technologies operates as a commercial provider of pay-as-you-go (PAYG) solar home systems, primarily targeting the 600 million off-grid consumers in sub-Saharan Africa. The company was established in 2012 as a spinoff from Eight19, a UK-based technology firm that developed and patented the core pay-as-you-go technology. The venture is led by CEO and founder Simon Bransfield-Garth, a serial entrepreneur with a background in engineering and over 25 years of experience in building technology businesses, including a leadership role at the mobile OS creator, Symbian.

The business model addresses the high upfront cost of solar power, a significant barrier for rural households. Customers pay a small installation fee for a solar home system and subsequently make small, regular payments via mobile money or scratchcards to unlock energy access. This model often prices the weekly top-ups up to 50% lower than the typical household spending on kerosene and phone charging. After a period of about 18 months, the customer owns the system outright, gaining access to free energy thereafter. This revenue structure is complemented by debt financing secured against future customer payments, enabling rapid scaling. The company also generates revenue from the sale of devices, installation, maintenance services, and has received support from grants and financial incentives.

Azuri’s product line includes solar home systems that power LED lights, mobile phone charging, and rechargeable radios. More advanced packages feature solar-powered televisions with access to over 60 channels through partnerships with broadcasters like DStv. A key feature is the proprietary HomeSmart™ technology, which uses machine learning to analyze a customer's power usage patterns and adapt energy output based on climatic conditions, ensuring a reliable power supply. The company operates through a network of local distribution partners in countries including Kenya, Nigeria, Zambia, Tanzania, and Uganda, which handle sales, installation, and service, ensuring a localized customer experience.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
Milton, United Kingdom
Employees
98
Open positions
None listed
Dealroom signal
65.0/100
Industry
Energy
Sub-industry
Clean Energy, Energy Providers
Sector
Energy, Solar Energy, Sustainable Development Goals, Off-Grid, Climate Tech, Renewable Energy, Hard Tech
Business model
Manufacturing
Client focus
b2b

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Sep 2025 $4M $128M Undisclosed ↗
GRANT✓Other financing Dec 2021 $290K — Undisclosed —
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Azuri Technologies website traffic

Latest recorded traffic for Azuri Technologies is 1.1K monthly website visits, up 20.9% over the last three months. Azuri Technologies's team declined 3.9% over the past year.

Latest monthly visits1.1K 3-month web change+20.9% 1-year team growth-3.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Marubeni

Other known investors6 additional known investors

  • Electrification Financing Initiative
  • Energy Catalyst
  • IP Group
  • Jamie Vollbracht
  • Standard Chartered
  • USAID Development Innovation Ventures
Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇰🇪 Kenya58.6%
🇬🇧 United Kingdom17.2%
🇹🇿 Tanzania10.3%
🇳🇬 Nigeria6.9%
🇺🇬 Uganda3.5%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Azuri Technologies on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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