Husk Power Systems

company

About

Husk is the leading net-zero energy company serving rural Africa and Asia and operator of the largest fleet of community solar microgrids

  • 251 - 500

Details

Last Funding Type
Series C
Last Funding Money Raised
$20M
Industries
Energy,Energy Efficiency,Renewable Energy,Social Entrepreneurship,Solar
Founded date
Jan 1, 2008
Number Of Employee
251 - 500
Operating Status
Active

Husk Power Systems owns, builds and operates solar-hybrid microgrids that serve off-grid and weak-grid communities in rural Sub-Saharan Africa and South Asia. It provides its business and residential customers with 100% renewable electricity and access to energy efficient appliances. In the process, it is contributing to climate resilience while also avoiding a significant amount of emissions from diesel generation.

The company is a catalyst for economic growth and social well-being, helping rural communities increase incomes and create employment by starting or expanding microenterprises and running electricity-operated machines that increase productivity. It also provides reliable power to local clinics and schools and education, improving healthcare and educational outcomes.

Husk Power Systems was founded by co-founded by CEO Manoj Sinha in 2008 and is based in the United States, with operations in India and Nigeria.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$20.25M
Husk Power Systems has raised a total of $20.25M in funding over 2 rounds. Their latest funding was raised on Jan 15, 2018 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 15, 2018 Series C $20M 1 Detail
Jul 1, 2009 Grant $250K 1 DFJ Element Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Husk Power Systems is funded by 2 investors. DFJ Element and Engie are the most recent investors.
Investor Name Lead Investor Funding Round
DFJ Element Yes Grant
Engie Series C