Clôture le 18/12
896e10fd28c9b32c01a901c67a718ba7

UpOwa

Shares

  • Develpment
  • Green Energy
  • Environment
  • Local economy
  • Clean and affordable energy
  • Reduced inequality
Impact category Start-up for good
Degree of maturity
Amount collected : 2,583,700.00 €
Fundraising goal
2,800,000 €
Log in

Presentation

UpOwa has developed an innovative autonomous solar production solution invoiced on demand to provide Cameroon's rural populations with a sustainable supply of solar electricity and enable them to light up and charge a mobile at a lower cost than existing solutions. Today, one in five people on our planet still has no access to electricity: for 600 million people in Africa, this means that their phones are unusable and they live in the dark as soon as the sun sets. Since the commercial launch, UpOwa has already equipped more than 5000 homes with a guaranteed autonomous solar system and lights up more than 25000 people every night! By the end of 2022, more than one million people will be receiving electricity. The co-founders' objective is to expand their offer in the rest of Cameroon and hope to reach a portfolio of nearly 200,000 installations by the end of 2022.

If you wish to participate in the financing of a company committed to democratizing access to electricity in Africa, do not wait any longer and subscribe to LITA.co.

Green arrow 03
1/2
Green arrow 05

Labels

Team

2 founders, 2 directors and more than 100 employees

Kilien de Renty and Caroline Frontigny are the two co-founders of UpOwa. Kilien served the CEA for 3 years including 2 years in the USA as a marketing engineer and business developer before launching UpOwa. He is now in charge of the company's global strategy, fundraising and management of the French part (Administrative, Finance, Legal). Caroline Frontigny previously worked at the French Embassy in the United States and then for 4 years as a Development Analyst at the World Bank in the energy access sector. At UpOwa, she manages business development (new products and partnerships), analysis and reporting. To complete the team, they decided to add two more recruits tot heir team. Loic Descamps, as COO: with more than 24 years of experience in banking and telecoms, including 16 years in Africa in corporate and sales management, Loic is an expert in organizational transformation and business development strategy. At UpOwa he is in charge of sales and marketing strategy, operations and team management in Africa. Thomas Muguet, as CIO: with more than 9 years of experience as a design engineer and software development project manager, he is in charge of IT strategy, information system maintenance and internal software development. The management team is also supported by a part-time CFO and a local Cameroonian team of more than 100 people (middle managers, sales representatives, technicians, call centre operators).

E217641cad0284326fb1b5463666e3ae Kilien De Renty
62ed084dcbce61256f20e8f5e83e4f98 Caroline Frontigny
9c898d2909eec9009c31c71775492b57 Loic Descamps
B398785b9341e7b34a9094eda956ad9f Thomas Muguet

Challenges

Expedita veniam enim. Asperiores corrupti cum nesciunt vel in. Non est quia vero ab corrupti. Adipisci suscipit possimus et harum eum excepturi soluta. Aperiam nemo qui porro iure nam qui culpa.

Solutions

Similique ut est. Fugit porro consequatur provident sint. Voluptatem et ipsa et earum nam. Et consequatur nulla nihil harum delectus. Expedita voluptas magni minima ad accusantium et.

Economic model

Sint autem quod maiores magnam eaque in ullam. Et voluptas velit et. Nam iste reiciendis eos vitae sint est. Itaque dolor voluptas omnis aut numquam aperiam.

Long term impact

Distinctio qui aut. Eaque cum asperiores sed ab quo expedita id. Mollitia rerum consequatur commodi autem saepe numquam labore. Fugiat sit tenetur aperiam deleniti.

230 Jobs created or secured

One year after the campaign

25000Electrified homes

One year after the campaign

Financial data


Documents to download

Lita 07

Regulatory information document

Lita 04

Dossier d'investissement

Lita 04

Statuts Holding

Lita 04

Comptes clôturés

Lita 04

Statuts Upowa

Lita 04

Présentation détaillée

Reasons to invest

Risks related to the investment

Transaction conditions

Transaction amount
Amount reserved for LITA.co investors
Co-investors

Investment product conditions

Financial product
Minimum ticket
Financial benefit
Legal structure
Company valorization
% of capital reserved for LITA.co investors
Expected exit
Price per share
Governance

You must be logged in and have completed your profile to be able to ask a question.

Fundraising goal
2,800,000 €
Min. amount.

2,600,000 €

Max. amount.

3,000,000 €

Financial product

Shares

Co-investors
Financial benefits
Min

100.00 €

Max

300,000.00 €

Log in or register to simulate my financial benefit

Risks: Investing in young companies presents a significant risk of partial or total loss of the invested amount as well as a risk of illiquidity.

This site uses first and third party cookies to provide you with a great user experience, measure audiences and show you personalised ads. By using LITA.co you accept our use of cookies.

Learn more | CLOSE