Funding and M&A Roundup: Off-Grid Solar Company Sun King Raises $260 Million in Funding
SWTCH Energy raises $13 million in financing to expand its EV charging solutions
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Sun King (formerly Greenlight Planet), a provider of solar energy products for off-grid homes in Africa and Asia, raised $260 million in a Series D funding round. The round was led by BeyondNetZero, the climate investing venture of General Atlantic, along with M&G Investments’ Catalyst team and Arch Emerging Markets Partners. The company plans to use the fresh funds to bring electricity access rapidly and sustainably to more homes across Africa and Asia. The initial $100 million funds will be used for the company’s continued expansion.
