Open Access Energy raised R32 million in a seed funding round, led by E3 Capital, Equator VC, and Factor E, to accelerate the energy transition in South Africa.
Amount Raised
R32 Million
Round Type
Seed
Cape TownEnergySoftwareArtificial IntelligenceRenewable EnergyEnergy ManagementPower GridInvestors
Description
Cape Town-based Open Access Energy has secured R32 million (US$1.8 million) in a seed funding round. The funds will be used to enhance product development and customer growth. The company's flagship product, EnergyPro, facilitates the delivery of electricity from decentralized renewable sources. As demand for flexible energy infrastructure rises, this funding will support independent power producers and energy traders.
Quick answer
Open Access Energy raised R32 Million in a Seed round, dated June 17, 2025. Investors: E3 Capital, Equator VC and Factor E. Open Access Energy is based in Cape Town, Western Cape, South Africa.
- How much did Open Access Energy raise?
- Open Access Energy raised R32 Million in a Seed round on June 17, 2025.
- Who invested in Open Access Energy?
- E3 Capital, Equator VC and Factor E 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.
- 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.
- Unblock raised $14M (Funding Round) on July 9, 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
- The decision-makers there, with verified emails
- Who you already know at Open Access Energy, from your own LinkedIn network
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Related People
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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