Solarbox, a Senegal-based startup at the crossroads of renewable energy and electric mobility, has successfully raised $1 million in pre-seed funding.
The investment aims to support the development of innovative solar-powered e-mobility solutions in Senegal and drive expansion to other West African regions.
Founded in 2022 by Tijan Watt, the company’s flagship product line is solar-powered electric two- and three-wheelers designed to reduce reliance on traditional charging infrastructure and minimize CO2 emissions.
The pre-seed funding round for Solarbox was led by a consortium of angel investors and venture capital firms (Digital Energy Facility, Launch Africa Ventures, JLL Foundation, and Teranga Capital) focused on renewable energy and sustainable technologies.
The $1 million funding for Solarbox will be used for research and development, expanding capabilities, and expanding presence in key urban markets.
“Instead of importing millions of tonnes of oil every year, Senegal can take advantage of its abundant solar energy. As transport supplies 40% of its energy needs, solar-powered mobility offers an opportunity for transformation,” Tidjan explained.