- Company name: SunCulture
- Year founded: 2012
- Founders: Samir Ibrahim, Charles Nichols
- Operational in: Kenya, Uganda, Ethiopia, Zambia, Côte d’Ivoire, Togo
- Total raised since founding year: USD 80 million+
Funding breakdown
| Year | Stage / financing type (if available) | Investors / financiers (if available) | Amount raised & notes* |
| 2015 | Grant | GSMA |
100,000 pounds *Funding supported designing an affordable solar pump, RainMaker 1. |
| 2016 | Grant | Shell Foundation |
300,000 pounds *Funding supported piloting the PAYGrow (pay-as-you-grow) model. |
| 2018 | Convertible note | EDF |
Not disclosed *Funding supported expanding the PAYGrow business line. |
| 2018 | Grant | Shell Foundation |
800,000 pounds *Funding supported developing a more affordable solar pump, RainMaker 2. *Also supported improved operational capacity and the development of IT systems. |
| 2020 | Series A | Energy Access Ventures, EDF, Alphamundi Group, Lion’s Head Global Partners, Acumen Capital Partners, DPI, SunFunder, Triodos Investment Management, Nordic Development Fund. |
US$25 million (US$14 million – equity, US$11 million – debt) *Funding supported the manufacture and deployment of more than 10,000 solar pumps. *Also supported expansion into Tanzania, Uganda, Ethiopia. |
| 2021 | Grant | Shell Foundation and UK’s TEA program |
500,000 pounds *Funding supported testing the effectiveness of carbon credits towards reducing solar pump costs. |
| 2021 | Debt facility | British International Investment |
US$2 million *Funding supported scaling the carbon credits initiative. |
| 2023 | Debt financing | Nithio, Mirova SunFunder, Triodos Investment Management |
US$12 million *Funding supported the deployment of solar pumps to 9,000 smallholder farmers. |
| April 2024 | Series B | Reed Hastings, InfraCo Africa, Acumen Fund, Schmidt Family Foundation, EDF Group, Equator, Savant Group |
US$27.5 million *Funding supported expansion of product offerings and entry into new markets. *InfraCo Africa invested US$12 million. |
| February 2025 | Equity | British International Investment |
US$4 million |
| September 2025 | Equity | WaterEquity (whose investors Microsoft, Starbucks, Gap Inc) |
US$5 million *Funding is to support more sales in Uganda, Ivory Coast, Ethiopia, Zambia, Togo. |