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South Africa’s Open Access Energy raises $1.8M with support from E3 Capital, Equator VC, and Factor E Ventures to advance its AI-powered clean energy platform, EnergyPro.

PRIVATEMar 04, 2026

Amount Raised

$1.8 Million

Round Type

Seed

Cape TownEnergySoftwareArtificial IntelligenceRenewable EnergyEnergy ManagementPower Grid

Investors

E3 CapitalEquator VCFactor E Ventures

Description

Open Access Energy has secured $1.8M in funding to advance its AI-powered clean energy platform, EnergyPro. The investment led by E3 Capital, Equator VC, and Factor E Ventures will help expand the company's tools for managing energy transmission from renewable sources. The funding aims to enhance OAE’s capabilities in addressing South Africa’s energy reliability challenges. CEO Gerjo Hoffman highlighted that the funding will enable the company to scale and support independent energy producers in the market.

Quick answer

Open Access Energy raised $1.8 Million in a Seed round, dated June 25, 2025. Investors: E3 Capital, Equator VC and Factor E Ventures. Open Access Energy is based in Cape Town, Western Cape, South Africa.

How much did Open Access Energy raise?
Open Access Energy raised $1.8 Million in a Seed round on June 25, 2025.
Who invested in Open Access Energy?
E3 Capital, Equator VC and Factor E Ventures are named as investors in this round.
What does Open Access Energy do?
Open Access Energy (OAE) is a Cape Town-based start-up focused on using AI to enable digital infrastructure for electricity trading.
Where is Open Access Energy based and how big is it?
Open Access Energy is based in Cape Town, Western Cape, South Africa. Fundz records about 16 employees.
Who are the decision-makers at Open Access Energy?
Fundz holds 1 contact at Open Access Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Open Access Energy that raised within 45 days of this round, from Fundz verified event records.

  • Energy Vault raised $299M (Funding Round) on August 9, 2025.
  • TrueMeter raised $5.5M on June 6, 2025.
  • Clear Current raised $4M (Seed) on May 27, 2025.
  • Pearl Edison raised $3.3M (Seed) on August 1, 2025.
  • inGeniti raised an undisclosed amount (Grant) on July 22, 2025.
  • Q.ANT raised $72M (Series A) on July 17, 2025.

Who to call at Open Access Energy, and when

A new round usually means Open Access Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Open Access Energy raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Open Access Energy, from your own LinkedIn network

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Company Information

Company

Open Access Energy

Location

Cape Town, Western Cape, South Africa

About

Open Access Energy (OAE) is a Cape Town-based start-up focused on using AI to enable digital infrastructure for electricity trading. Its flagship product, EnergyPro, is a cloud-based software platform that automates backend processes such as metering and risk management. OAE aims to facilitate the efficient match of energy generation with consumer demand in the liberalised energy market. The company seeks to scale its tools for independent power producers and energy traders in South Africa.

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Open Access Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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