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Nuru (Formerly Kivu Green Energy)
Dedicated to enhancing connectivity in the Democratic Republic of Congo
About Nuru (Formerly Kivu Green Energy)
Nuru, formerly known as Kivu Green Energy, is a company dedicated to enhancing connectivity through renewable energy solutions in the Democratic Republic of Congo (DRC). Established in August 2015 and rebranded in September 2019, Nuru focuses on developing solar hybrid metrogrids to provide reliable and sustainable energy. The company serves a diverse range of clients, including local communities, businesses, and governmental entities, primarily in underserved regions of the DRC. Operating in the renewable energy market, Nuru's business model revolves around the construction and operation of solar hybrid power plants, which combine solar energy with other renewable sources to ensure a stable power supply. The company generates revenue through the sale of electricity and related services, leveraging significant investments to scale its operations. Recently, Nuru secured over $40 million in Series B equity funding, with plans to expand its capacity by an additional 13.7 MWp. This funding will enable the company to enhance its infrastructure and broaden its impact, making it a key player in the renewable energy sector in sub-Saharan Africa.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Democratic Republic of the Congo
- Employees
- 170
- Open positions
- 1
- Dealroom signal
- 85.6/100
- Industry
- Energy
- Sub-industry
- Clean Energy, Energy Providers
- Sector
- Energy, Solar Energy, Sustainable Development Goals, Microgrid, Climate Tech, Renewable Energy, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2b, b2c
Latest news
Press, funding announcements and product moves mentioning Nuru (Formerly Kivu Green Energy).
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jul 2023 | $40M | $160M | E3 Capital · Voltalia · Renewable Energy Performance Platform · Hillspire | ↗ |
| CONVERTIBLE✓Equity / VC | Mar 2023 | $1.5M | — | E3 Negócios · Proparco · Renewable Energy Performance Platform | ↗ |
Growth signals
Latest recorded traffic for Nuru (Formerly Kivu Green Energy) is 560 monthly website visits, down 72% over the last three months. Nuru (Formerly Kivu Green Energy)'s team grew 19.7% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A10 investors entered at this stage
E3 Capital
E3 Negócios
Proparco
Renewable Energy Performance Platform
Voltalia
Hillspire
GAIA impact fund
Global Energy Alliance for People and Planet- TFThe Joseph Family Foundation
International Finance Corporation
Series B and later1 investor entered at this stage
Electrification Financing Initiative
Other known investors1 additional known investor
Aster Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Nuru (Formerly Kivu Green Energy) 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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