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NovoMoto
AddedFeb 16, 2024
UpdatedJun 18, 2026
NovoMoto

NovoMoto

NovoMoto: Providing sustainable, renewable electricity to communities in Sub-Saharan Africa.

HQ
Madison, WI, US
Founded
2016
Overview
Compare
Fundraising
Employees
Website

NovoMoto is a clean energy company dedicated to providing sustainable, renewable electricity to off-grid communities in sub-Saharan Africa, particularly in the Democratic Republic of Congo. As a for-profit social enterprise, NovoMoto distributes solar-powered electricity with the mission to bring clean energy to millions of homes, addressing the significant energy access gap in the region.

NovoMoto has established itself as a pioneering entity in the renewable energy market of the DRC. By leveraging solar technology, the company has made substantial strides in improving energy access and quality of life for underserved populations. Their efforts contribute to environmental sustainability and economic development in the communities they serve.

NovoMoto - Quick Facts

When was NovoMoto founded?

NovoMoto was founded in 2016.

Where is NovoMoto's headquarters located?

NovoMoto's headquarters is located in Madison, WI, US.

When was NovoMoto's last funding round?

NovoMoto's most recent funding round was for $800k (USD) in June 2020.

How much has NovoMoto raised to-date?

As of Jun 20, 2020, NovoMoto has raised a total of $1.4M (USD).

How many employees does NovoMoto have?

NovoMoto has 7 employees as of Feb 5, 2024.

NovoMoto - Classification

Ownership
  • Private
  • Venture Capital
Technology
  • Cleantech
Model
  • Platform
Revenue
  • Recurring
Customer
  • Consumers
Main Product
  • Electricity
  • Solar Energy
Tags
  • Distribution
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
Show 3 more industry codes
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services