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Efficiency for Access Research and Development Fund: Innovator Series – Innovex Uganda

Using the Internet of Things to revolutionize off-grid Appliances The off-grid solar market continues to grow rapidly. There has been an increased uptake of solar home systems, large enough to power multiple appliances, and an increased awareness of the off-grid solar market’s potential. However, to sustain this growth, current distributors of solar products need to…

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Innovex closes an equity investment with Gaia Impact Fund, a VC fund dedicated to renewable energy entrepreneurs

Innovex, a Uganda-based startup enabling pay-as-you-go and remote monitoring for solar companies, closed a Series Seed Round with an equity investment from Gaia Impact Fund. Innovex is a technology company with hardware and software development teams offering services 100% made in Africa. The company was founded in 2016 by Douglas Baguma K and David Tusubira,…

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Ugandan Startup Raises Funding from French Impact Fund to Expand Operations

Innovex, a Uganda-grown startup enabling pay-as-you-go and remote monitoring for solar companies, closed an equity investment from Gaia Impact Fund to expand its operations. The startup developed technology that helps installers and distributors of off-grid solar energy systems to scale up using digital tools. It was founded in 2016 by Douglas Baguma and David Tusubira,…

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