Sun King

About

Sun King sells, installs and finances solar home systems for the 1.8 billion off-grid and under-electrified consumers.

Nairobi,Nairobi Area,Kenya
1001 - 5000
https://www.sunking.com/

Highlights

Details

Last Funding Type: Debt Financing
Last Funding Money Raised: $75M
Industries: Clean Energy,Consumer,Renewable Energy,Solar
Founded date: Jan 1, 2007
Number Of Employee: 1001 - 5000
Operating Status: Active
Legal Name: Greenlight Planet Inc.
Also Known As: Greenlight Planet

Sun King (formerly Greenlight Planet) is a solar company that designs, distributes, installs, and finances solar home energy products across Africa and Asia. Sun King produces solar home systems, inverter systems, and portable lanterns providing a solution for communities that live without reliable energy access. Sun King also offers pay-as-you-go financing options further allowing consumers to access energy without high up-front costs. Sun King works with their network of international distribution partners to expand the off-grid market.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

$567M

Sun King has raised a total of $567M in funding over 2 rounds. Their latest funding was raised on Dec 15, 2022 from a Series D round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 15, 2022	Series D	$70M	1	LeapFrog Investments	—	Detail
Apr 27, 2022	Series D	$260M	3	Beyond Net Zero	—	Detail
Oct 26, 2021	Debt Financing	$75M	4	—	—	Detail
Sep 22, 2020	Debt Financing	$90M	7	—	—	Detail
Dec 6, 2017	Series C	$60M	8	Apis Partners	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

0

Sun King has made 2 investments. Their most recent investment was on Dec 15, 2022, when Giskard raised €1.50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Dec 15, 2022 Giskard	Seed	€1.50M	Artificial Intelligence	—
Oct 12, 2022 Levity	Seed	$8.30M	Artificial Intelligence	—

Investors

Number of Lead Investors

Number of Investors

5

20

Sun King is funded by 20 investors. LeapFrog Investments and Beyond Net Zero are the most recent investors.

Investor Name	Lead Investor	Funding Round
LeapFrog Investments	Yes	Series D
Beyond Net Zero	Yes	Series D
Apis Partners	Yes	Series C
ARCH Emerging Markets Partners	—	Series D
M&G Investments	—	Series D
Citi	—	Debt Financing
CDC Group	—	Debt Financing
Norfund	—	Debt Financing
Standard Bank	—	Debt Financing
FMO	—	Debt Financing